Lending tree mortgage rates

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

Jakarta (VNA) – Indonesian President Joko Widodo’s approval rate has surged after the first 100 days of his second term, according to a latest survey by Indo Barometer. It stood at 70.1 percent, compared with 57.5 percent during the same period in 2015 and 66.4 percent two years later. The survey was carried out from January 9 - 15 among 1,200 respondents in 34 localities nationwide. Economy, employment, prices of necessities and corruption remain voters’ top concern, with 32.1 percent, 15.8 percent, 11.3 percent and 7.8 percent, respectively. In addition, the approval for Widodo’s cabinet rose to 54.4 percent from 46.8 percent in the first term./. … [Read more...] about Indonesian President’s approval rate surges

(Photo for illustration: Vnexpress) According to a report by the Department of Telecommunications under the Ministry of Information and Telecommunications, 22,046 subscribers chose to use Viettel’s services from April 1 to 8, 2019, while the number of subscribers switching to other networks was only 19,358. During the period, 18,380 subscribers switched to VinaPhone while 9,633 subscribers moved to MobiFone, the two current telecommunications giants. … [Read more...] about Viettel records highest rate of favoring subscribers switching

Standing at the acme, my emotions peaked, half amazed by its majesty, half petrified by its dangers. I parked my motorbike on the side of the road, following recommendations from the Vietnamese backpacking community to not drive along the path. Despite my temptation, I decided against challenging the 2,000 meter drop. I started to trek another 1.4 kilometres to the top, passing through a sea of clouds to paradise. … [Read more...] about “Sea of clouds” feeds northern mountainous fervor

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 Viet Nam’s logistics wins in US-China trade war