deposit interest rate

Update news deposit interest rate

Some commercial banks have raised deposit interest rates following an 8-year inflation rate high in February. Analysts believe a new interest rate floor will be set in the second quarter.

Banks tighten credit as real estate developers search for more capital

Real estate firms are seeking new sources of capital as commercial banks have tightened lending.

Cash moving around, but not to production

VietNamNet Bridge - Investors successfully bought 5-year government bonds at a 3.45 interest rate at a bid organized on July 11 at the Hanoi Stock Exchange (HNX). 

Economy lacks capital, even as treasury deposits remain high

VietNamNet Bridge - While the state treasury has plenty of money, the national economy still thirsts for capital. 

Banks raise deposit interest rate, upsetting businesses’ plans

VietNamNet Bridge - The government’s efforts to slash lending interest rates to make it easier for businesses to access bank loans may have been in vain as banks have begun raising deposit interest rates.

Businesses fear dong depreciation will increase capital costs

VietNamNet Bridge - In theory, every 1 percent dong devaluation would lead to a 0.2 percent increase in the inflation rate.

Capital costs to remain high in 2015: economists

VietNamNet Bridge – Bank loan interest rates decreased sharply in 2014, but are expected to rise in 2015.

State Bank faces interest rate dilemma

VietNamNet Bridge – The State Bank of Viet Nam plans to maintain the current deposit interest-rate cap to ensure stability on the market. However, many domestic enterprises want the central bank to set a cap on the lending interest rate

Lower rates fail to impress

VietNamNet Bridge – The central bank's move last week to cut the dong interest rate cap from 1-month to 12-month terms by 0.5 per cent to 7.5 per cent per annum has caused economists to wonder

Bad debt ratio decrease raises worry than joy

The State Bank of Vietnam has reported that the bad debt ratio has decreased sharply by 2.82 percent to six percent. However, analysts have looked dubiously at the figure