Stronger vietnam

Accordingly, the interest rate of compulsory reserves in VND at banks will be 0.5 percent per annum, and the interest rate on dong deposits from banks that exceed the minimum 3 percent requirement will be zero percent per annum, down 0.5 percent compared to the rates stipulated in a decision on March 16 this year. Meanwhile, the interest rate for deposits in VND by the Vietnam Development Bank (VDB) and Vietnam Bank for Social Policies (VBSP), both state-owned banks; People's Credit Funds and microfinance institutions will be reduced by 0.2 percent to 0.8 percent per annum. The interest rate for deposits of the State Treasury, and the Deposit Insurance of Vietnam with the SBV is revised down to 0.8 percent per annum, down 0.2 percent. The SBV said the adjustment was made based on macro-economic developments and the level of interest rates in the market. … [Read more...] about State Bank of Vietnam cuts some interest rates

Nestlé’s priorities cover the fields bringing business benefits that match with social benefits, including nutrition, focusing on children; helping to constitute prosperous communities; sustainable development in rural areas; and management of natural resources for future generations. … [Read more...] about Nestlé Vietnam honoured with Certificate of Merit from Vietnamese prime minister

The city also plans to clean living quarters – homes of COVID-19 patients and close contacts – in Hải Châu and Ngũ Hành Sơn districts this weekend, while a mass testing programme will be organised for all households in the isolated Hòa Phước ward in Hòa Vang district. … [Read more...] about Latest Coronavirus News in Vietnam & Southeast Asia August 7

“In this spirit, along with other ASEAN countries, Vietnam hopes that all countries – including ASEAN partner countries – would make efforts to the contributions of peace and stability in the East Sea, as well as the settlement of disputes via dialogues and other peaceful measures in accordance with international law, the common interests and aspirations of countries in the region and of the international community,” Hang said. … [Read more...] about Vietnam condemns China’s illegal moves, confirms respect for international law in East Sea

Ciputra Group (Indonesia) has been implementing many projects in Vietnam, including Nam Thang Long Urban Area Ciputra Hanoi (1996) - the first large-scale real estate project in Vietnam. It’s considered as one of the most modern closed urban areas in Hanoi, with an initial registered investment capital of 2.1 billion USD. In photo: Prime Minister Nguyen Xuan Phuc receives President of Ciputra Group, Budiarsa Sastrawinata, during the Prime Minister’s visit to Indonesia, October 12, 2018 (Photo: VNA) … [Read more...] about ASEAN’s investment contributes significantlly to Vietnam’s economic development