Business Beat - BizHub

Firms hesitate to access loans due to weak consumption demand

05/29/2023 10:54

The State Bank of Vietnam last week cut its policy rates for the third time this year to prop up economic growth. Accordingly, the bank cut its refinance rates from 5.5 to 5.0 per cent and its overnight electronic interbank rate from 6.0 to 5.5 per cent.

Viet Nam’s currency stable despite global uncertainties
04/23/2023 14:55

Though the global financial market has seen uncertainties this year, Viet Nam's currency and foreign exchange markets...
Trends come and go, but can businesses capitalise?
04/17/2023 07:30

The recent fever and subsequent decline of two Vietnamese shoe brands has prompted an inquiry: Will Vietnamese brands...
Viet Nam’s banking system shows signs of money surplus
04/10/2023 07:39

Viet Nam’s banking system is showing signs of returning to a period of money surplus.
Banks underwriting bonds should buy back bonds: central bank
03/27/2023 08:17

Commercial banks that underwrite and sell corporate bonds have to buy them back if investors so demand, the central...
Interest rates reduce in all markets in wake of central bank’s policy rate cut
03/20/2023 08:03

After the State Bank of Vietnam cut several policy interest rates last week, interest rates on the interbank market,...
Business environment reform is the most efficient support for enterprises: GSO
03/13/2023 10:45

According to the GSO, Viet Nam's socio-economic development in February took place in the context that the world...
Companies come up with big M&A plans from early in the year
02/27/2023 09:02

A number of companies are pursuing merger and acquisition (M&A) deals this year amid tighter funding from banks.
Fiscal policy forecast to be key driver for Viet Nam’s growth in 2023
02/20/2023 09:28

Deputy Minister of Industry and Trade Do Thang Hai said the fall in global import demand for Viet Nam's strong goods...
Deposit rate continues to drop but lower lending rate remains a challenge
02/13/2023 09:22

Both the six-month and 12-month term rates now stand at 9.3 per cent per year, down from 9.7 per cent and 9.5 per cent...
Central bank forecast to keep policy interest rate unchanged in Q1 2023
02/05/2023 16:27

The State Bank of Viet Nam (SBV) might not increase its policy interest rate in the first quarter of 2023 after the US...

Viet Nam to impose temporary anti-dumping duties on Chinese tables, chairs

According to the ministry, the investigated table and chair imports from China have increased significantly compared to domestic consumption and production, causing damage to domestic production.

VN manufacturing output returns to growth as pandemic situation improves

An improvement in the public health situation and subsequent easing of restrictions helped the Vietnamese manufacturing sector return to growth during October.

Cashless payments more popular since pandemic

A recent report by the Government showed out that cashless payments continue to become more popular, topping VND36.28 quadrillion (US$1.6 billion) in the first nine months of 2021.

Viet Nam calls for investment in 157 projects during 2021-2025

Viet Nam is calling for foreign investment in 157 projects in the 2021-2025 period, according to a decision recently signed by Deputy Prime Minister Pham Binh Minh.