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Business

Vietnam, Bangladesh boost economic cooperation

Vietnam defines Bangladesh as its important partner and a potential investment destination for major corporations and enterprises of the Southeast Asian country in the future, NA Chairman Vuong Dinh Hue said.

Markets mostly rise as traders try to look past expected rate hikes

Most stock markets rose Friday, reversing early losses and a sell-off on Wall Street, as traders contemplate further interest rate hikes by central banks to tame inflation.

Markets struggle on prospect of higher rates, eyes on BoJ

Most stock markets fell Friday, extending a global retreat as investors fret that central banks will have to continue pushing up interest rates as they struggle to tame inflation.

HCM City's first metro to operate from next July

HCM City is making efforts to complete the construction of its first metro line linking Ben Thanh and Suoi Tien by the end of this year and put the line into commercial operation next July.

Vietnam Airlines to increase salaries to keep Vietnamese pilots

The Government has approved for the Vietnam Airlines Corporation (Vietnam Airlines) to set up an additional salary fund to increase the salary of Vietnamese pilots.

Petroleum prices rise again in Thursday adjustment

Prices of petroleum products increased again from 3 pm today, September 21, following the adjustment by the Ministry of Industry and Trade and the Ministry of Finance,

Vietnamese cassava exports to China recover

Vietnam’s cassava and cassava product exports to China surged in August amid sharply rising demand.

Dong Nai Province Department of Transportation has requested its consultants to study the development of metro lines connecting local urban areas and airports for the 2021-2030 With a Vision to 2050 Provincial Planning.

More Business

Asian markets sink with Wall St as rate fears grow ahead of Fed(09/20/2023)
Ministry projects three economic growth scenarios for 2024, highest at 6.5 per cent(09/20/2023)
Interest rate cut expected to stimulate demand for home loans(09/19/2023)
Vietnamese FDI performance remains steady amid global uncertainties: WB(09/19/2023)
Asian markets drop ahead of Fed decision, oil prices push on(09/19/2023)
Six arrested in Hong Kong probe of JPEX crypto exchange(09/19/2023)
Vietnam Airlines to relocate operations to Changi airport’s Terminal 3(09/19/2023)

MOR Software’s journey to achieve Sao Khue Award

MOR Software has been recognised as Software Outsourcing Services for the fourth consecutive year at the Sao Khue Award 2023.

Finance

Deposit interest rates at four major banks hit one-year low

The latest deposit interest rates at the four major banks have simultaneously decreased to the lowest level in one year.

Four State-owned banks have further cut deposit interest rates by 0.2-0.3 percentage points to reach around 7 per cent for 12-month deposits.

The State Bank of Vietnam’s recent decision to revise up the 2022 credit growth target of the banking system has eased access to bank loans amid a credit crunch, especially at the peak season to prepare for Lunar New Year.

Minister of Trade and Industry Dang Hoang An and Italian Undersecretary for Foreign Affairs Manlio di Stefano co-chaired the seventh meeting of the Joint Commission on Economic Cooperation, following a two-year hiatus caused by the COVID-19 pandemic.

Deputy Prime Minister Le Minh Khai has approved the sovereign credit rating improvement project by 2030, part of an effort to make Vietnam a developing and upper-middle-income country with modern industry.

The State Bank of Vietnam has urged lenders to not relax credit approval conditions but set tighter control on foreign currency lending and granting loans in high-risk sectors.

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