Interest rate under pressure to stay steady Business

Interest rate under pressure to stay steady

The State Bank of Vietnam has targeted keeping interest rate stable in 2017, however, the market’s developments in the first half of January 2017 show that lending rates are suffering from many pressures.
Industrial production rises slightly Business

Industrial production rises slightly

The national index of industrial production (IIP) rose by 0.7 percent in January 2017 compared to the same period last year, according to General Statistics Office data.
CPI ups 0.46 percent in January Business

CPI ups 0.46 percent in January

The consumer price index (CPI) in January rose 0.46 percent over December, 2016 and 5.22 percent compared to the same month last year, according to the General Statistics Office (GSO).
PM calls for stable Tet prices Society

PM calls for stable Tet prices

The Prime Minister has called on ministries and government agencies to tighten controls and take steps to ensure stable markets and social security during the upcoming Tet (Lunar New Year) holiday.
Hanoi hopes to foster cooperation with Belgian firms Politics

Hanoi hopes to foster cooperation with Belgian firms

Chairman of the Hanoi People’s Committee Nguyen Duc Chung has told Belgian Ambassador Jehanne Roccas that capital the city is keen on fostering partnership with Belgian enterprises in various fields, especially construction and health care.
Some banks cut deposit interest rates Business

Some banks cut deposit interest rates

Several commercial banks have unexpectedly slightly cut the dong-denominated deposit interest rates in the past week, according to report by the State Bank of Vietnam (SBV).
Central Vietnam woos Euro investors Business

Central Vietnam woos Euro investors

The central city of Da Nang and its neighbouring provinces of Thua Thien-Hue and Quang Nam will offer optimal conditions to lure investment from European countries in hi-tech, tourism, logistics, health care and advanced farming.