Banks must lower lending rates: Prime Minister

Banks must lower lending rates: Prime Minister

Commercial banks must reduce costs to cut lending interest rates in support of production and economic recovery, says Prime Minister Pham Minh Chinh.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Central bank raises deposit rate ceiling for second time in a month

Central bank raises deposit rate ceiling for second time in a month

The State Bank of Vietnam has raised the interest rate ceiling for deposits under six months to 6% a year, starting from Tuesday.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7