Tuesday, September 26, 2017 - 21:54:44

Hi tech enterprises

Vietcombank lowers lending interest rates

Business

Vietcombank lowers lending interest rates

The Bank for Foreign Trade of Vietnam (Vietcombank) will lower short-term lending rates to support enterprises, including start-ups, from October 15 under the instruction of the State Bank of Vietnam.

HCM City remains upbeat about economic growth

Business

HCM City remains upbeat about economic growth

Ho Chi Minh City saw strong results in total retail sales and service revenues while successfully curbing its inflation rate in the first quarter, figures which are likely to trigger economic growth in the city over the next few months, said the municipal People’s Committee at a late March meeting.

Vietnam invests in science-technology enterprises

Sci-Tech

Vietnam invests in science-technology enterprises

Vietnam hopes to have 5,000 businesses operating in science-technology by 2020, which should generate between 7-15 percent of the country’s gross domestic product (GDP) under a Scientific-Technological Development Strategy approved recently.

Interest rate drops, inflation under control

Business

Interest rate drops, inflation under control

The State Bank of Vietnam has adjusted its benchmark interest rates five times in 2012 at a pace faster than planned, bringing the ceiling for deposit interest rate down to 8 percent a year and lending interest rate for priority sectors to 12 percent per annum, the bank said at a press conference on Dec. 27.