interest rate

Latest News about interest rate

Bank deposit interest rates up, as stock market, real estate investing riskyicon
BUSINESS15/06/20210

Bank deposit interest rates up, as stock market, real estate investing risky

Depositing money at banks is currently the safest and most profitable investment channel, as Covid-19 developments remain complicated and the stock market is "hot" and, thus, risky.

 
Prime Minister urges banks to further cut interest ratesicon

Prime Minister urges banks to further cut interest rates

BUSINESS
27/12/2020

The Central bank has lowered its interest rate cap three times by a combined of 1.5-2 percentage points per annum, which is the largest cut in the region.

Interest rates at record low, banks entice clients with car loansicon

Interest rates at record low, banks entice clients with car loans

BUSINESS
30/10/2020

Commercial banks are competing fiercely with each other to disburse car loans. Both lending interest rates and car prices are at a record low.

As bank deposit interest rates fall, people prefer investing in real estateicon

As bank deposit interest rates fall, people prefer investing in real estate

BUSINESS
28/09/2020

Individual investors are increasingly buying real estate bonds and land rather than depositing money in banks, which have reduced interest rates on deposits.

Unable to lend to businesses, banks offer consumer loans to individualsicon

Unable to lend to businesses, banks offer consumer loans to individuals

FEATURE
21/09/2020

Deposits at banks continue to increase, though deposit interest rates have been decreasing. With plentiful capital, banks are inviting individuals who want to borrow money to buy houses and cars.

Deposit rates hit new lowsicon

Deposit rates hit new lows

BUSINESS
20/09/2020

Local banks have continued slashing deposit rates to as low as 2.5% per annum, in tandem with the Government’s principle of lowering lending rates to support borrowers.

Interest rates drop, but loans are not increasingicon

Interest rates drop, but loans are not increasing

BUSINESS
03/09/2020

Lending interest rates have decreased significantly, but many businesses still cannot access bank loans at low costs.

SMEs want sharper interest rate cutsicon

SMEs want sharper interest rate cuts

BUSINESS
03/09/2020

Small and medium enterprises (SMEs) need capital to revive their production, but cannot access bank loans or receive support from local credit guarantee funds.

Lower interest rates not a good thing for equity marketicon

Lower interest rates not a good thing for equity market

BUSINESS
15/08/2020

Lower lending rates in the financial-banking market may not mean good things for the securities market, specialist Dao Phuc Tuong said.

VN central bank cuts reserve interest rate to aid the economyicon

VN central bank cuts reserve interest rate to aid the economy

BUSINESS
07/08/2020

The interest rate of compulsory reserves in the Vietnamese dong at banks will be 0.5 per cent per annum.

Capital in oversupply, banks slash interest ratesicon

Capital in oversupply, banks slash interest rates

BUSINESS
13/07/2020

Commercial banks have slashed the deposit interest rates by 0.25-0.5 percent per annum as credit growth continues to be sluggish.

COVID-19 woes to weigh on credit growth even with lower interest ratesicon

COVID-19 woes to weigh on credit growth even with lower interest rates

BUSINESS
24/04/2020

Vietnam’s credit growth is forecast to slow to only 8 percent in 2020 from 13.7 percent last year due to a sharp slowdown in economic activity amid the COVID-19 pandemic.

VN State Bank considers cutting prime interest rateicon

VN State Bank considers cutting prime interest rate

BUSINESS
13/03/2020

The State Bank of Vietnam (SBV) is to make decision soon on cutting the prime interest rate, the bank’s Deputy Governor Dao Miinh Tu said at a meeting on March 12.

Vietnam advised to ‘loosen monetary policy in cautious manner’icon

Vietnam advised to ‘loosen monetary policy in cautious manner’

BUSINESS
21/02/2020

Since the national economy this year is facing bigger challenges than last year, a looser monetary policy is needed, according to Nguyen Tri Hieu, a respected finance expert.

Covid-19 crisis challenges banksicon

Covid-19 crisis challenges banks

BUSINESS
18/02/2020

Some commercial banks have announced lower lending interest rates to help their clients overcome the difficulties caused by coronavirus (Covid-19) crisis.

Interest rate cuts weighed for borrowers affected by coronavirusicon

Interest rate cuts weighed for borrowers affected by coronavirus

BUSINESS
06/02/2020

Vietnam’s central bank has asked commercial banks to promptly adopt measures to support their customers in the wake of the coronavirus outbreak, including rescheduling repayments and revising down interest rates.

Vietnam's monetary market 2019: earlier forecasts missed the markicon

Vietnam's monetary market 2019: earlier forecasts missed the mark

BUSINESS
18/12/2019

When the State Bank of Vietnam (SBV) late last week slashed the dollar purchase price, the greenback prices quoted by commercial banks were adjusted immediately.

Profit of VN banks soar againicon

Profit of VN banks soar again

BUSINESS
26/11/2019

Reporting high profits, Vietnamese commercial banks have once again lifted concerns about profit growth limits.