Consumer price index (CPI) must be tamed in order to cut interest rates, the local analysts said. Consumer price index (CPI) must be tamed in order to cut interest rates, the local analysts said. Lending Interest Rates Are Unaffordable For Local Enterprises Nguyen Thanh Tuan Kiet, CEO of Ho Chi Minh-based Viet Cuong Machinery Joint [...]
Although the inflationary expectation is at a low level in 2010, those who hold idle cash expect higher saving interest rates, while US dollar/dong exchange rate has recently been raised and gold is making new record price hike in history. Recently, the greenback deposit rates increased quickly, driven by the US dollar outstanding loan rising [...]
Interbank lending interest rates during the week of September 3-9 increased to as high as 13.3 percent per year, according to the latest report of the State Bank of Vietnam released on Wednesday. Trading in Vietnamese currency on the interbank market totalled 147.75 trillion dong (US$7.6 billion) during the week, while US dollar trades reached [...]
The goal of cutting the dong interest rates should be prioritized and achieved at any cost, the Thoi Bao Kinh Te Sai Gon reported September 20. The goal of cutting the dong interest rates should be prioritized and achieved at any cost, the Thoi Bao Kinh Te Sai Gon reported September 20. With the utmost [...]
After 14 days of reducing the mobilisation interest rates, most of the Vietnam Banking Association’s (VNBA) members have set a new ceiling interest rate of 11 percent per year, posted on Vietnam government’s website on September 17. Lending interest rates tend to go down The general Secretary of the VNBA just introduced a legal document [...]
Vietnam banks failed to cut interest rates to 10% for deposits and 12% for credits by September as pledged earlier in June as some big banks drove the cash flows between commercial banks and the SBV to get margins instead of pumping them to the economy. Vietnam banks failed to cut interest rates to 10% [...]
Subscribe via Email 
Subscribe in a Reader 
Follow us on Twitter 
Connect on Facebook
China Business News