Public investment, a fulcrum for GDP growth
08:47 | 05/04/2020 Economy
(VEN) - In the first two months of 2020, public investment disbursement recorded great progress compared to a year ago. Given the spread of the Coronavirus disease (Covid-19), public investment is considered a fulcrum for economic growth.
Banks ease credit access to help pandemic-hit businesses
11:00 | 03/04/2020 Economy
(VEN) - The Vietnamese government has directed ministries and departments to alleviate difficulties for businesses affected by the Coronavirus disease (Covid-19) by facilitating access to capital, delaying loan repayments, lowering interest rates, and cutting fees.
FDI inflows to Vietnam expected to grow despite the epidemic
09:18 | 29/03/2020 Economy
(VEN) - The spread of the Coronavirus disease (Covid-19) has affected foreign direct investment (FDI) inflows to Vietnam. However, it could also provide Vietnam with a great opportunity to receive FDI inflows from investors seeking to shift their production from China to the Southeast Asian region in order to limit risks, with Vietnam featuring prominently on their radar.
Banking sector to cash in on benefits from EVFTA
11:15 | 26/03/2020 Economy
The Vietnamese banking sector, now undergoing drastic restructuring, will have more opportunities to improve its financial capacity as well as learn modern business models and management from their European partners after the EU-Vietnam Free Trade Agreement (EVFTA) takes effect, according to insiders.
Vietnamese banks cut short-term deposit rates
14:10 | 23/03/2020 Economy
Commercial banks in Vietnam have announced cuts to their interest rates on Vietnamese dong deposits with terms of less than six months, following the central bank’s move to slash policy rates.