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HCM City (VNA) – The interest rates were kept stable in the first six months of 2018 while the lending rates for priority fields have decreased. The information was revealed at a meeting to review the banking activities in the first half of 2018 in Ho Chi Minh City on June 13. State and commercial banks cut about 0.5 percent per year in interest rates for consumers with good credibility. At current, interest rates of short-term loans stand at 6-9 percent while those of mid- and long-term loans are about 9-11 percent. Those with high credibility and financial capability could enjoy rates of 4-5 percent per year.  According to Vice Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong, to ensure the liquidity of credit organisations and stabilisation of the monetary and forex market, the central bank will focus on the flexible management of open market operations in line with market developments and available capital of credit organisations. The bank will make it … [Read more...] about Interest rates kept stable in first half of 2018

Owners of Cocobay Da Nang condotels propose solution to profit problem  Many owners of units at the Cocobay Da Nang condotel project have proposed to convert profits owed by Thanh Do Company into land or houses at Cocobay, according to a statement from Thanh Do.   … [Read more...] about Will new legal document bring investors back to condotel market?

Việt Nam have 1258 points and continue to top the list of all the teams from the Southeast Asian region. Thailand sit in 113th place followed by the Philippines (No 124), Myanmar (No 136) and Malaysia (No 154). … [Read more...] about VN team top regional rankings

Provision of technical support related to technical issues in relation to the Goods by the Supplier's specialists. The Supplier shall provide NSRP with contact information (phone, fax, email…) of such Supplier's specialists. The Supplier will respond to any query related to technical and operational issues in relation to the Goods no later than 3 working day(s) from the date of the query. … [Read more...] about Supplying Inert Ceramic Ball

She added that inspection teams have been hard at work at accommodation establishments and tourist sites to carry out prevention work aimed at eradicating bacteria and cleaning up the environment, while also requesting tourism staff protect themselves and ensure the safety of guests. … [Read more...] about Panama cruise ship docks at Vung Tau port