The US Department of Commerce has cancelled a review of the countervailing duty order on steel nails from Việt Nam for the period January 1-December 31, 2016.
In contrast to Vietcombank’s move to cut deposit interest rate a week ago, two other large State-owned commercial banks -- Vietinbank and BIDV -- this week announced they were raising the rate.
The Ministry of Construction (MoC) has announced the names of two institutions qualified to become strategic investors of the Vietnam Urban and Industrial Zone Development Investment Corporation (IDICO).
Many banks, especially small- and medium-sized ones, are offering high interest rates and promotion programmes to compete for the mobilisation of deposits.
According to the Ministry of Planning and Investment, as of September 20 banking credit growth was only 11.02 per cent against a full-year target of 21 per cent.
Despite a strong rebound on Friday, Vietnamese shares are expected to remain sluggish this week given a lack of business information and market dependence on large-cap shares.
In Belgium for 'safety', axed Catalan leader summoned to Spain court
Many farmers in the Cửu Long (Mekong) Delta are regretting that they did not stockpile any rice as prices rise continuously and supply remains limited.
The Việt Nam Asset Management Company has decided to hike its reference interest rate on bad debts to 9.9 per cent from the fourth quarter, up from 9.7 per cent.
The State Bank of Việt Nam (SBV) will instruct commercial banks to try and cut interest rate in the remaining months of the year.