Banks raise certificates of deposit rates to more than 10% Banks have increased their interest rates on certificates of deposit (CDs), bringing them in excess of 10 per cent per year with the aim of mobilising long-term capital.

When a good policy turns into bad debts Five years after the Government issued Decree 67, which aimed at supporting fishermen to build bigger and more modern steel-hulled boats able to resist bad weather and venture further into the sea, the decree has hardly been a panacea for the country’s fishermen.

Corporate bond an effective tool to raise capital Bond issuance is becoming a popular channel for firms to raise capital for its efficiency and convenience.

Money market loosening, despite wait for rate call

The money market is seeing the first signs of loosening though the State Bank of Việt Nam has yet to make a decision on reducing benchmark interest rates.

HCM City’s investment stimulus programme yields solid results

It has been a remarkable transformation for HCM City’s People's Hospital 115 which recently became the first medical facility in the country to successfully carry out a robotically-assisted brain tumour surgery.

Banks dominate corporate bond market in first seven months of 2019 Banks have been the main player in the corporate bond market so far this year, with eight of the top 10 biggest issuers being financial institutions.

More steps to be taken to downsize foreign currency loans Commercial banks will no longer allow the provision of mid- and long-term foreign currency loans for offshore payments of imported goods and services from September 30 this year.

Banks dominate corporate bond market in first seven months of 2019 Banks have been the main player in the corporate bond market so far this year, with eight of the top 10 biggest issuers being financial institutions.

Agribank to issue $215m worth of bonds The Vietnam Bank for Agriculture and Rural Development (Agribank) will issue five million bonds to the public, with a total value of VNĐ5 trillion (US$215 million).

Banks cut priority loan interest rates

Soon after the US announced a 0.25 per cent cut in the benchmark interest rate on July 31 seven Vietnamese banks, including State-owned lenders, announced a cut in interest rates on đồng loans of at least 0.5 per cent to firms in the Government’s priority sectors.