EVN given more power price control Business

EVN given more power price control

A new decision by Prime Minister Nguyen Xuan Phuc has given more authority to the State-owned Electricity of Vietnam (EVN), the largest supplier of electricity in the country, in deciding power prices.
High liquidity, but no drop in interest rates Business

High liquidity, but no drop in interest rates

Despite good liquidity in the banking system, the peculiarities in Vietnam’s monetary policy management has prevented the decline of interest rates on deposits, a central economic report said.
VinaCapital to raise 5 million USD Business

VinaCapital to raise 5 million USD

Asset management company VinaCapital announced on October 13 at its annual investor conference that it expects to set up next month a domestic fund for foreign investors and raise 5 million USD.
Central rate increases 12 VND Business

Central rate increases 12 VND

The State Bank of Vietnam (SBV) on January 7 announced the central rate for the Vietnam dong and the US dollar at 21,919 VND per USD, an increase of 12 VND compared to January 6.