Interest rates stay steady til year end: SBV official Business

Interest rates stay steady til year end: SBV official

With a positive macroeconomic background at the moment, interest rates will basically stay steady until the end of the year due to excessive liquidity and proper credit growth, according to an official from the State Bank of Vietnam (SBV).
SBV to tighten rules for commercial banks Business

SBV to tighten rules for commercial banks

The State Bank of Vietnam (SBV) has decided to push ahead with restructuring the banking system, applying stricter measures to effectively prevent cross-ownership at commercial banks.
HCM City targets 10 pct growth in retail sales, export revenue Business

HCM City targets 10 pct growth in retail sales, export revenue

The industry and trade sector in HCM City is targeting a growth rate of 8-8.5 percent in the industrial production index (IPI) and 10 percent growth in the total retail sales of goods and services for 2018, according to the HCM City Department of Industry and Trade.
Cattle foot-and-mouth disease put under control Society

Cattle foot-and-mouth disease put under control

The cattle foot-and-mouth disease type A has been put under control in the country with only one hotbed left in Ia Sal Commune, Ayum Pa Town in the Central Highlands province of Gia Lai as of August 11.
Government resolved for highest GDP growth Politics

Government resolved for highest GDP growth

The Government is determined to weather all setbacks and challenges to attain the highest possible economic growth, Prime Minister Nguyen Xuan Phuc stated at the first regular meeting of the 2016-2021
Creditors may be allowed to go bankrupt Business

Creditors may be allowed to go bankrupt

The State Bank of Vietnam (SBV) would consider allowing some ailing financial companies and people's credit funds to declare bankruptcy this year, according to Deputy Governor Nguyen Phuoc Thanh.