Masan Group draws down first tranche of $650 mln syndicated loan amid volatile global banking market

Masan Group draws down first tranche of $650 mln syndicated loan amid volatile global banking market

Masan Group Corporation announced Thursday the successful disbursement of its $375 million, the underwritten tranche of its $650 million syndicated loan signed in February 2023.

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

Deposit interest rates at foreign banks lower than domestic peers

Deposit interest rates at foreign banks lower than domestic peers

While interest rates in the Vietnamese banking system are forecast to decrease in 2023 when macroeconomic conditions improve, the figures among foreign banks and branches in Vietnam are already lower than those of domestic peers.

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

Singapore bank UOB maintains Vietnam GDP growth forecast at 6.5%

Singapore bank UOB maintains Vietnam GDP growth forecast at 6.5%

Singapore's United Overseas Bank (UOB) has maintained its forecast on Vietnam’s GDP growth at 6.5% and core inflation at 3.7% in 2022.

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

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