Central bank demands lending rate cuts, growth target to be met

Friday, May 31, 2024

The central bank aims to cut lending rates by 1-2 per cent, with a focus on supporting economic recovery and growth drivers, emerging sectors, green transitions, circular economy and social housing.

More policy rate cuts forecast in 2024 to support economic growth

Monday, Feb 26, 2024

Expansionary fiscal and loose monetary policies could be extended for another year when growth is considered a top priority, analysts noted.

Individual saving deposits continue to increase despite interest rate cuts

Wednesday, Nov 15, 2023

Despite interest rate cuts at commercial banks, individual deposits have continued to increase due to a lack of alternative investment options. 

Market rallies on SBV's policy rate cuts

Monday, Apr 03, 2023

HOSE-listed advancers outnumbered decliners by 269 to 73, with 18 stocks hitting ceiling prices whereas two being at rock bottom. 

SHB launches scheme to offer interest rate cuts

Sunday, Jul 24, 2022

The Saigon-Hanoi Commercial JS Bank (SHB) has launched a scheme to offer preferential loans to its customers with a 2-per-cent cut on interest rates.

Viet Nam to prioritise vaccines, tax exemptions, interest rate cuts

Thursday, Aug 19, 2021

The Ministry of Planning and Investment (MPI) has consulted community businesses to develop the Government''s resolution on supporting businesses during the COVID-19 pandemic.

Stock market may not enjoy lower lending rate impact: analysts

Tuesday, Jun 02, 2020

The recent interest rate cuts by the State Bank of Viet Nam (SBV) have little impact on the Vietnamese stock market.

Fed future plan on rate cuts lift VN stocks

Friday, Jun 21, 2019

Vietnamese shares joined cheered global markets yesterday after the Fed eyed rate cuts from next month and investors hoped for possible trade war solutions at the G20 summit next week.

Bank profits enable rate cuts

Wednesday, Dec 27, 2017

The banking sector''s profits were anticipated to rise significantly in 2017, driven by the handling of bad debts and the recovery of the property sector.

Can interest rate cuts on loans be sustained?

Monday, Jul 24, 2017

Banks consider lending rate cuts

Thursday, Sep 29, 2016

Some major commercial banks are considering lowering lending interest rates after cutting dong deposit rates this week.

Vietcombank slashes deposit interest rates

Tuesday, Oct 07, 2014

The head office of Vietcombank slashed its annual dong deposit interest rates by 20 to 50 basic points on Monday.

Vietcombank cuts deposit rates

Wednesday, Jun 11, 2014

Vietcombank on Tuesday slashed the annual interest rates for short-term deposits.

More banks slash deposit interest rates

Wednesday, May 15, 2013

Several banks have decided to lower their deposit interest rates though the State Bank of Viet Nam (SBV) has kept its cap unchanged at 7.5 per cent.

Vietcombank slashes deposit rates

Monday, May 06, 2013

Vietcombank today cut its monthly deposit interest rate for the dong to 6 per cent, 1.5 percentage points lower than the ceiling rate stipulated by the State Bank of Viet Nam.