There is growing concern about negotiated interest rates which are being applied at a time when the maximum deposit rate stands at only 10.5 percent. The State Bank of Vietnam (SBV) on February 26 issued a regulation that allows the application of negotiated interest rates to loans for medium and long term projects. This has helped to strike a balance between monetary supply and demand on the local... 

The Chairman of the Ho Chi Minh City People’s Committee, Le Hoang Quan, has asked relevant agencies to ensure a sufficient supply of goods and take other necessary measures to maintain the stability of prices after the Lunar New Year festival (Tet). The city is actively developing distribution, wholesale, and retail networks to expand domestic markets and support the ‘Vietnamese use Vietnamese...