interest rates

US Fed 'within striking distance' of inflation target: official

January 17, 2024 | 10:21

The US Federal Reserve is "within striking distance" of reaching its long-term inflation target and could begin cutting interest rates this year, a senior official said Tuesday.

Exchange rates set to put pressure on bank lending

October 17, 2023 | 08:00

Exchange rate pressures will hinder the declining trend of interest rates in the near future, though when compared to other economies, the devaluation of the VND remains under control.

Borrowers struggle to benefit from new lending policy

September 29, 2023 | 16:04

Borrowers are finding it challenging to obtain new loans from banks to settle their existing debts at a different bank, despite the recent implementation of a regulation permitting debt transfer.

Banks roll out credit incentives to boost demand

September 07, 2023 | 14:28

Banks are lowering interest rates to boost demand.

‘Big Four’ slash deposit interest rates to lowest in banking system

August 23, 2023 | 16:54

The four biggest banks in Vietnam have strongly cut interest rates for many deposit terms to the lowest levels of the year.

Vietnamese businesses await relief as SBV slashes interest rates

July 14, 2023 | 10:39

Vietnamese businesses anticipate some relief as the central bank slashes interest rates, with credit growth expected to accelerate in the second half of 2023.

Standard Chartered forecasts growth slowdown in Q2

June 23, 2023 | 18:51

Standard Chartered forecasts Vietnam’s Q2 GDP growth to have slowed since Q1, posing a downside risk to the 6.5 per cent growth forecast for 2023.

Savings interest rate cut to 4.75 per cent

June 16, 2023 | 08:00

The State Bank of Vietnam (SBV) has reduced the ceiling interest rate for savings under six months to 4.75 per cent a year, the second reduction in less than a month.

Further fall projected for interest rates

June 13, 2023 | 09:27

Several banks have followed the State Bank of Vietnam’s (SBV) lead by lowering their base interest rates, aiming to encourage and facilitate increased credit demand within the market.

Vietnam's GDP growth slows in Q1 ahead of expected recovery

May 26, 2023 | 14:45

Vietnam's Q1 GDP growth slowed to 3.3 per cent. However, a recovery is anticipated as interest rates decline and the government implements measures to stimulate economic growth.

Bank lending interest rates will be cut at appropriate time: SBV chief

May 15, 2023 | 09:00

Reducing interest rates, maintaining interest subsidies, hiking credit limits, and providing unsecured loans to manufacturing businesses are among the demands made by businesses in the south-eastern region to the State Bank of Vietnam (SBV).

Bank deposit interest rates keep falling

May 09, 2023 | 15:22

Banks have been steadily cutting deposit interest rates, which have reached around 8%, a move aimed at reducing lending rates to support businesses.

Global banking crisis: Is Vietnam at risk?

April 03, 2023 | 16:04

During the pandemic, commercial banks in developed economies like the US and EU struggled to find companies that welcomed their money for investment.

Central bank cuts policy interest rates to spur growth

April 02, 2023 | 17:19

The State Bank of Vietnam (SBV) announced it would reduce several policy interest rates from April 3, the second cut within one month, the regulator announced on its website March 31 night.