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Central bank to cut deposit interest rate ceiling from Monday
The central bank on Friday said it would cut caps on interest rates of dong-denominated deposits from April 3, by 0.5 percentage points to between 0.5% and 6.0% depending on maturities.
Worst over for industry: Hoa Phat Steel chairman
The worst might be behind the steel industry but it is hard to determine whether the market has recovered, Tran Dinh Long, chairman of Hoa Phat Steel, has said.
Vietnam central bank to keep monetary policy flexible in 2023, tame inflation
Vietnam's central bank pledged on Friday to keep monetary policy flexible for the rest of the year to support economic stability amid external challenges, with space for more interest rate cuts while it prioritizes keeping inflation in check.
March 31, 2023 | 02:27 am PT
SBV considers debt extension for corporations
The State Bank of Vietnam (SBV) wants to restart a program to give businesses debt extensions amid economic challenges.
March 31, 2023 | 02:27 am PT
VN-Index recovers to 5-week peak
Vietnam’s benchmark VN-Index rose 0.49% to 1064.64 points Friday in its ninth straight session in the green.
March 31, 2023 | 01:35 am PT
HCMC economy grows 0.7% in Q1
HCMC’s gross regional domestic product (GRDP) grew just 0.7 % in the first quarter, the lowest among Vietnam’s five municipal cities.
March 31, 2023 | 01:34 am PT
World Bank maintains Thailand's 2023 growth outlook at 3.6%
Thailand's economy is expected to grow by 3.6% this year, up from 2.6% last year, supported by stronger private consumption, a recovery in the tourism sector and strong pent-up demand following China's reopening, the World Bank said on Friday.
March 30, 2023 | 11:05 pm PT
Gold prices gain
SJC gold price gained 0.22% to VND67.05 million ($2,857.45) per tael Friday morning.
March 30, 2023 | 08:05 pm PT
Dollar dips against dong on black market
The U.S. dollar fell against the Vietnamese dong on the black market Friday morning.
March 30, 2023 | 08:04 pm PT
Digiworld cuts profit target by nearly half
Digiworld Joint Stock Company, an authorized reseller of Apple and Xiaomi, has cut its profit target for this year by almost half to VND400 billion (US$17 million).
March 30, 2023 | 07:14 pm PT
The MPV race hot in Vietnam
Sales of multi-purpose vehicles have nearly tripled in the last five years, while the number of models in the market has nearly doubled.
March 30, 2023 | 03:37 pm PT
Vietnam posts $4B trade surplus in Q1
Vietnam’s trade surplus hit $4.07 billion in the first quarter with $79.17 billion in export revenue and $75.1 billion in imports, according to the General Statistics Office.
March 30, 2023 | 05:29 am PT
Russian, Chinese buyers snap up Phuket property
Russian and Chinese buyers are snapping up villas and condos in Thailand’s Phuket for both residential and tourism purposes.
March 30, 2023 | 03:30 am PT
VN-Index closes 8th session in green
Vietnam’s benchmark VN-Index rose 0.29% to 1,059.44 points Thursday in its eighth straight session in the green.
March 30, 2023 | 01:15 am PT
VPBank eyes $1B profit
VPBank is expecting a pre-tax profit of VND24 trillion ($1.02 billion) this year, exceeding the $1 billion milestone for the first time since its establishment.
March 29, 2023 | 11:54 pm PT
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Travel
Saigon weekend: What to do and where to go
If you are looking for some fun and excitement this weekend, you will not be disappointed by what Saigon has to offer, whether you prefer a banh mi festival, a ballet, or a fancy Sunday brunch.
Foreign tourists flock to Vietnam’s first banh mi festival
Foreign visitors queued for over 15 minutes on Thursday to enjoy banh mi (Vietnamese sandwich) at the country’s first festival to honor the popular street food.