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interest

Central bank issues new decisions on deposit interest rates

Central bank issues new decisions on deposit interest rates

According to the SBV, Decision No. 2410/QĐ-NHNN and Decision No. 2410/QĐ-NHNN aim to ensure consistency on a legal basis with other issued circulars on deposit interest rates.
Interest rates expected to decrease by 0.7 percentage points next year

Interest rates expected to decrease by 0.7 percentage points next year

There is still room for monetary policy to support growth, experts say.
Policy interest rate forecast to remain unchanged in 2024, experts

Policy interest rate forecast to remain unchanged in 2024, experts

At last week’s meeting, SBV’s deputy governor Đào Minh Tú said the SBV has so far left open any policy interest rate decision.
Banks reduce interest rates, offer new loans for customers affected by Typhoon Yagi

Banks reduce interest rates, offer new loans for customers affected by Typhoon Yagi

They also offer preferential credit packages to reduce financial pressure for individual and business customers.
Long-term deposit interest rates reach 7.4 per cent

Long-term deposit interest rates reach 7.4 per cent

Vietcombank Securities Company (VCBS) forecasts that deposit interest rates in the third quarter of 2024 will continue to increase by about 0.3-0.5 percentage points.
HCMC offers support, low-interest loans to businesses

HCMC offers support, low-interest loans to businesses

Businesses in HCM City have received support to access favourable loans to bolster production and operation activities, a top official said.
HCM City to offer interest rate subsidies for priority projects

HCM City to offer interest rate subsidies for priority projects

The HCM City People Committee has decided to give interest rate subsidies for loans for priority projects to bolster the city’s socio-economic growth.
Stock market remains attractive to retail investors

Stock market remains attractive to retail investors

Despite the remarkable surge in gold prices and the gradual increase in deposit interest rates, the stock market continues to stand out as an appealing investment channel.
Zero per cent dollar-denominated deposit interest rate needs to stabilise forex market

Zero per cent dollar-denominated deposit interest rate needs to stabilise forex market

The SBV applied a dollar-denominated deposit interest rate cap of 1 per cent per year for organisations in 2010 and 3 per cent per year for individuals in 2011. 
MOF proposes exemption on corporate taxes on income from green bond interest and carbon credits

MOF proposes exemption on corporate taxes on income from green bond interest and carbon credits

The Ministry of Finance is proposing amendments to the Law on Corporate Income Tax to encourage environmental protection and sustainable development
Deposits at Vietnamese banks reach record high of 628b

Deposits at Vietnamese banks reach record high of $628b

Despite low interest rates, bank deposits have reached a new historic peak of VNĐ16 quadrillion (US$628.5 billion) as of the end of March, according to the latest data from the central bank. 
Feds latest rate decision wont have significant impact on Việt Nam

Fed’s latest rate decision won't have significant impact on Việt Nam

The dollar depreciation is also a good sign for Việt Nam''s import activities, with global raw material prices expected to decrease and inflationary fears for imports receding.
Experts predict deposit interest rates to rise 1 percentage point in H2

Experts predict deposit interest rates to rise 1 percentage point in H2

Industry experts have predicted a potential increase in deposit interest rates by 0.5 to 1 percentage point in the second half of the year, placing the rate at over 6 per cent per year. 
Banks exploit financial services to improve net interest margin

Banks exploit financial services to improve net interest margin

In the context of a credit slowdown and net interest margin reduction, banks have been gradually shifting their traditional business model away from lending to financial service provision, in order to improve profits.
Interest rates to rise but not have major impact on stock market: economist

Interest rates to rise but not have major impact on stock market: economist

Deposit interest rates in Việt Nam, which have plunged since early-2023, are expected to rebound by 50-100 basis points by the end of the year, but that magnitude of increase is not likely to have a major impact on the stock market, according...