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interest
Deposit interest rates fall to 6%
Around 20 banks have lowered their deposit interest rates to 6% a year as they have abundant cash resources amid difficulties in providing loans.
Individual deposits growth slow amid lower interest rates
Vietnam to lower lending interests via cash influx
Banks cut lending interest rates to support pandemic-hit businesses
Sixteen Vietnamese banks have agreed to lower loan interest rates for Covid-19-hit businesses, with the total reduction estimated to be worth VND24.3 trillion ($1.07 billion).
August 11, 2021 | 10:30 pm PT
Central bank cuts compulsory reserve interest rates
The State Bank of Vietnam (SBV) announced Monday it has lowered the interest rates on compulsory reserves at banks by 0.4 percentage points.
December 3, 2019 | 05:00 am PT
THACO reports lowest 6-month profit in 5 years
Auto firm THACO reported a 40 percent fall in half-yearly profits to VND1.83 trillion ($78.8 million), the lowest in five years.
October 10, 2019 | 11:15 pm PT