Vietnam's Efforts to Overcome Economic Challenges in 2023 Impress ADB Expert

Vietnam's Efforts to Overcome Economic Challenges in 2023 Impress ADB Expert

According to Asian Development Bank (ADB) Country Director for Vietnam Shantanu Chakraborty, Vietnam's efforts to overcome challenges in 2023, especially in stabilizing monetary policy and controlling inflation, are highly respected.
Vietnam News Today (Jul. 18): Vietnam to Develop 301 Tourism-linked Craft Villages by 2030

Vietnam News Today (Jul. 18): Vietnam to Develop 301 Tourism-linked Craft Villages by 2030

Vietnam News Today (Jul. 18):Vietnam records 745 new Covid-19 cases on July 17; Vietnam to develop 301 tourism-linked craft villages by 2030; All five Vietnamese students obtain medals at 2022 International Physics Olympiad; Why do local interest rates remain unchanged amid inflation?
Big Banks Adjusting Deposit Interest Rate to Woo Savers

Big Banks Adjusting Deposit Interest Rate to Woo Savers

Large banks are starting to join the deposit interest rate hike race along with small- and medium-sized banks due to rising capital demand pressure after a long time staying out of the game.
The downfall of credit demand in Vietnam

The downfall of credit demand in Vietnam

Credit absorption of the market is very weak. 6 months into 2020, the credit growth was merely 2.45%, compared to 7.33% aforementioned period last year. The market is not really keen on credit even though the interest has been cut down, due to the shortfall of business activities.  – (VNF)    
Vietnamese banks raise online saving interest rates to attract customers

Vietnamese banks raise online saving interest rates to attract customers

To stimulate the demand for online money deposit amid the COVID-19 pandemic, many banks in Vietnam have offered customers higher interest rates for online savings up to 1.4 percent higher than over-the-counter deposit. 
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