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Central bank cuts interest rates by 0.25 percentage points

Central bank cuts interest rates by 0.25 percentage points

The State Bank of Vietnam announced Friday it would cut various interest rates to maintain macroeconomic stability, support economic growth and control inflation.

Central bank faces uphill battle to lower lending interest rates

Central bank faces uphill battle to lower lending interest rates

The governor of the State Bank of Vietnam promised to reduce the lending interest rate by one percent this year regardless of the challenges that face the sector such as the need for deposits and inflation pressure.

Secondary bond market attracts record foreign purchases

Secondary bond market attracts record foreign purchases

In the first quarter of 2016, foreign investors made net purchases on the secondary bond market worth a total VND6.33 trillion ($284 million).

April 19, 2016 | 04:55 am PT

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