The Southeast Asia Commercial Joint Stock Bank (SeABank)’s pre-tax profits exceeded 2.01 trillion VND (over 85 million USD), with total outstanding loans of nearly 162 trillion...
With the expectation that interest rates will continue to fall in the coming quarters while corporate profits begin to recover, brokerages forecast that the Vietnamese stock...
Prime Minister Pham Minh Chinh chaired a meeting between permanent Government members and the executive committee of the Vietnam Association of Small and Medium Enterprises (SMEs)...
The results of socio-economic development in the first six months of the year reveal difficulties for the economy and enterprises.
Vietnam’s economic growth target of 6.5% this year may be at risk amid a global slowdown weighing on exports, lingering crisis in the local property sector...
Several banks have lowered lending interest rates to support economic growth in the second quarter of this year.
Vietnam’s GDP is projected to grow 5.8% this year, sharing the second position with Cambodia in the region, only after the Philippines, according to the International...
Sales are down at real estate companies in the South as potential homebuyers can’t afford current lending interest rates of around 13-14%
Seedcom, which owns The Coffee House and fashion store chain June, has reported a 14.5% increase in losses to VND270 billion ($11.5 million) last year.
Banks with good liquidity and low lending interest rates will be prioritized for the recent increase in credit caps, the State Bank of Vietnam has said.
