rates

US Fed could hike rates again if 'appropriate': Powell

November 10, 2023 | 10:46

The US Federal Reserve is prepared, if needed, to hike interest rates further in order to bring inflation down to its long-term two percent target, Fed Chair Jerome Powell said Thursday.

Customer-centric bank MB to share $50 million of its profits in support of customers

August 25, 2021 | 21:07

Pham Nhu Anh of MB Bank sat down with VIR’s Thu Huong and discussed how the bank supports pandemic-stricken customers with its tremendous network and finances.

Banks unexpectedly drop deposit rates

September 26, 2018 | 17:44

Several commercial banks have unexpectedly cut deposit interest rates by 0.1-0.2 percentage points per year due to limited credit growth.

Experts forecast lending rates to remain stable

August 28, 2018 | 11:19

Many commercial banks have recently increased deposit interest rates, but experts forecast that the rise will last only a short time and won’t have a domino effect on lending rates.

Banks cut deposit rates as liquidity improves

March 22, 2013 | 08:42

Many Vietnamese banks in HCM City have lowered deposit interest rates since early March as deposits continue to rise.

Parties struggle to read off same page

March 05, 2013 | 10:57

Banks and firms are still struggling to find one voice to talk down the current economic hardships.

Exchange rates to follow market rules

February 25, 2013 | 09:05

State Bank of Vietnam (SBV) Governor Nguyen Van Binh has said exchange rates in 2013 will be adjusted in accordance with market practices.

Thinking out of the square

January 15, 2013 | 16:00

The State Bank has confirmed the ceiling deposit rate scheme will continue to be applied in 2013. Senior economic expert Bui Kien Thanh looks at ways to ease lending rates without resorting to the use of ceiling rates.

Interest rates tipped to head further south this year

January 08, 2013 | 15:57

Positive monetary policies last year are expected to help cut interest rates in 2013.

Banks race to grab customers

November 23, 2012 | 09:10

Anticipating the chronic surging demand for capital during the year-end period, local banks are racing to offer concessionary credit packages to woo customers.

Move to police surging park rentals

November 12, 2012 | 11:08

The government is considering rent control on all industrial park developers to screw down surging rates.

Personal loans unlock credit freeze

August 20, 2012 | 09:57

This means that the market demand for accommodation is still good.- Duong Duc Hung, ANZ head of retail banking

Property investors still have butterflies in the stomach

August 10, 2012 | 15:57

The jury is out on whether stepping into property investment is a wise decision.

Deposit rate cap poised for another cut

July 31, 2012 | 09:52

Governor Nguyen Van Binh of the State Bank of Vietnam signaled the ceiling deposit rate could be reduced by another percentage point this year if inflation continued to stay low.