Capital mobilisation in Ho Chi Minh City up over 14 percent   Business

Capital mobilisation in Ho Chi Minh City up over 14 percent

Capital mobilization by banks in Ho Chi Minh City reached over 2,082 trillion VND (88.1 billion USD) as of May, up 0.83 percent from the previous month and 14.47 percent year on year, said the municipal branch of the State Bank of Vietnam (SBV) on June 7.
Interest rate lowered by 0.5 percent Business

Interest rate lowered by 0.5 percent

State-owned commercial banks and a number of commercial joint stock banks lowered annual rates for short-term loans by 0.5 percent in late April in order to remove difficulties facing businesses.