Deputy Governor Dao Minh Tu of the SBV said that as the liquidity of the banking system is currently abundant and banks do not lack capital, commercial banks are not allowed to raise interest rates, even mobilizing interest rates. If necessary, the SBV will adjust the benchmark interest rate, thereby indirectly helping banks to lower interest rates to support enterprises during the Covid-19 outbreak. He also noted that the whole banking system needs to ensure activities to happen normally. Commercial banks need to implement solutions, such as restructuring debts, outstanding loans, and repayment period and considering to lower interest rate. Currently, several banks have joined in helping enterprises affected by the Covid-19. Vietcombank cut interest rate by 1-1.5 percent per annum for credit outstanding balance in Vietnamese dong, depending on term; by 0.5-0.75 percent per annum for credit outstanding balance in US dollar; by 1 percent per annum for new loans in Vietnamese dong and … [Read more...] about Banks offer preferential interest rates for enterprises affected by Covid-19
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The captions say Nguyen was ‘boycotted,’ while his teammates refused to make assists for him, because he was paid extremely high salaries. He also became less professional after quickly adapting to the lifestyle of his Vietnamese fellows, who frequent clubs and beer gardens, the captions mock. … [Read more...] about Why couldn’t Lee Nguyen have high-flying career in Vietnam as in MLS?
As the world’s leading logistics company, Agility, ranked 50 countries by factors that make them attractive to logistics providers, freight forwarders, shipping lines, air cargo carriers and distributors. The three factors considered in the ranking were: domestic logistics opportunities, international logistics opportunities and business fundamentals. … [Read more...] about Việt Nam’s logistics wins in US-China trade war
Malaysia saw sea freight exports to the US rise 24 per cent in the first eight months of 2019 as a result of the trade war, but its wider sea freight market remains small by comparison with its neighbours which each have a sea freight market around three times larger. … [Read more...] about Viet Nam’s logistics wins in US-China trade war
"The top markets provide the greatest number of options to the greatest number of perspectives," said Kevin Imboden, Director of Research for Cushman & Wakefield's Data Center Advisory Group. "While one size sometimes does fit all, for certain specializations it's important to review and understand the factors most important to the specific requirement and aim accordingly. Combined with those markets that have been overlooked and underutilized, there is great potential for niche development and secondary markets across the globe." … [Read more...] about Cushman & Wakefield Ranks Global Data Center Markets In New Study