Asian markets track Wall St losses on rate, recession fears
April 21, 2023 | 10:00
Asian markets fell Friday on lingering recession worries as data indicated the US economy was slowing down, while Federal Reserve officials pressed their case for further interest rate hikes to battle stubborn inflation.
Gauging interest rate moves through expert lens
April 12, 2023 | 10:20
Interest rate movement has been abnormal in Vietnam in the past year. Peter Verhoeven, chairman of Prometheus Asia, shared with VIR’s Nhue Man his sentiments over these key movements and how the country can become a safe haven from global headwinds.
Wise roadmap key for rate softening
February 24, 2023 | 11:49
Current conditions might be sufficient to soften the interest rate, yet a wise roadmap needs to be in place to avert potential threats for future development, banking leaders have discussed.
Interest rate pressures to remain for the foreseeable
February 16, 2023 | 15:40
High interest rates are causing major issues for businesses, hindering cash flow for production and investment.
Economists cautious on interest rate adjustments
January 16, 2023 | 15:59
As Vietnam’s government has raised its inflation target to 4.5 per cent for 2023, policymakers are required to maintain a cautious stance on monetary policy.
Firms urged to keep abreast of alterations by US Fed
November 14, 2022 | 08:00
Foreign investment flows in Vietnam’s stock market have been impacted by the fourth consecutive interest rate hike by the US Federal Reserve to combat inflation. Businesses in Vietnam are also feeling the strain of expensive USD-denominated loans.
SBV moves in line with global money-tightening tendency
November 03, 2022 | 14:00
To stabilise the currency rate in the face of fluctuations in the international market, the State Bank of Vietnam (SBV) early last week raised the operating interest rate for the second time in a month.
Dampening bank profit picture in coming months
October 14, 2022 | 21:14
Interest rates trending higher and vulnerabilities in the corporate bond and real estate markets are expected to dampen banks' profits in the coming time.
Temporary interest rate package requiring second look
October 13, 2022 | 10:00
The reach of the 2 per cent lending rate support policy has been lower than expected after banks applied common credit standards to businesses that wanted to benefit from the scheme – leading to both sides asking for more assistance in improving the situation.
Bringing down inflation will take time, more rate hikes: Fed officials
October 07, 2022 | 11:45
The United States will require further interest rate hikes in order to cool the world's largest economy and rein in high prices, Federal Reserve Governor Lisa Cook said Thursday.
SBV raises selling price of USD to 23,700 VND
September 08, 2022 | 15:16
The State Bank of Vietnam (SBV) decided to sharply increase the selling price of the US dollar by 300 VND to 23,700 VND/USD on September 7.
Big banks hike deposit interest rates
July 10, 2022 | 14:54
Large banks are starting to join the deposit interest rate hike race along with small- and medium-sized banks due to rising capital demand pressure after a long time staying out of the game.
US Fed announces biggest interest rate hike since 1994
June 16, 2022 | 18:26
The US Federal Reserve announced the most aggressive interest rate increase in nearly 30 years on Wednesday, and said it is prepared to do so again next month in an all-out battle to drive down surging inflation.
Bank deposits surge in wake of interest rate hike
April 23, 2022 | 17:45
Hanoi - Thanks to increases in savings interest rates, deposits at banks increased strongly in the first two months of this year after declining last year.
Leading sectors remain in doldrums
June 22, 2021 | 22:20
While the pandemic pushes businesses into woes and close to bankruptcy, the Ministry of Planning and Investment has proposed numerous measures on interest rate and tax support to help them survive.
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