HCMC office vacancy to rise amid new supply: consultancy
Ho Chi Minh City’s office market is poised to witness a record 29% vacancy rate in Grade A offices by the end of 2023 due to higher supply and lower demand, according to a new Knight Frank report.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam central bank expected to further cut rates in Q3: HSBC
The State Bank of Vietnam (SBV) is expected to deliver one more 50-basis point rate cut in the current easing cycle, sometime in this year’s third quarter, to further support the country’s growth, HSBC Vietnam said.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam central bank makes fourth rate cut to support economy
The State Bank of Vietnam (SBV) announced on Friday that it is cutting its refinance and discount rates by 50 basis points from Monday to spur the country’s growth amid prolonged global economic headwinds.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Liquidity problems behind high bank interest rates: experts
Commercial banks in Vietnam have increased deposit interest rates to 9-10% per annum amid inflationary pressure due to market liquidity problems, experts said.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Fitch Ratings affirms Vietnam at 'BB', outlook positive
Fitch Ratings has affirmed Vietnam's long-term foreign-currency issuer default rating (IDR) at 'BB', with a positive outlook.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Gaining US dollar nears VND25,400 in open market
The rising U.S. dollar was sold at VND25,370 on Tuesday afternoon in the open market in Hanoi, a new record high.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
HCMC hotel room rates surge 50% in Q3
Ho Chi Minh City’s hotel room rates in the third quarter of the year increased by 50% compared to last year as business activities have resumed, according to Savills Vietnam.
Travel - Mon, Dec 22, 2021 | 11:30 am GMT+7
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HSBC Vietnam’s post-tax profit falls one third in H1
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Vietnam’s sluggish LNG-fired power projects can be expedited only under nation’s legal framework: Minister
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PV Gas supplies rail-transported LNG to first customer in northern Vietnam
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Vietnam to consider nuclear power as primary source, expedite offshore wind projects
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Reliable, resilient energy supply imperative to realize Vietnam’s semiconductor aspirations: US envoy
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- Editor’s Picks
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HSBC Vietnam’s post-tax profit falls one third in H1
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Vietnam’s sluggish LNG-fired power projects can be expedited only under nation’s legal framework: Minister
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PV Gas supplies rail-transported LNG to first customer in northern Vietnam
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Vietnam to consider nuclear power as primary source, expedite offshore wind projects
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Reliable, resilient energy supply imperative to realize Vietnam’s semiconductor aspirations: US envoy
