HANOI -- The State Bank of Vietnam said on Wednesday it will cut a number of policy rates from Thursday to boost the Southeast Asian country’s economy.
The refinancing rate will be cut to 4.0% from 4.5% and the discount rate to 2.5% from 3.0%, effective Thursday, the central bank said in a statement.
The lender has opted not to pursue civil claims against the suspect and has appealed to the investigating police agency for a reduction in his criminal responsibility.
The outcome of the U.S. presidential election is unlikely to have much effect on Vietnam
2 days ago
Masan achieved a profit of VND701 billion (US$27.6 million) in Q3 2024, nearly 14 times higher than the same period last year
1 week ago
A total of 102 foreign service suppliers have paid over VND18.6 trillion (US$734 million) in tax to Vietnam
1 day ago
Shipments abroad rose 10.1 percent in October from a year earlier, while imports increased by 13.6 percent
1 day ago
These items were believed to have imitated well-known brand names such as Rolex, Omega, Ray-Ban, Prada, LV, Dior, Gucci, Chanel, and Philippe
6 days ago
The firm has been working with Vietnamese airline Vietjet Air to fly planes for short-haul flights in Vietnam in late 2024
The firm has been working with Vietnamese airline Vietjet Air to fly planes for short-haul flights in Vietnam in late 2024
The gang stole from five to seven dogs weighing a total of some 50 kilograms per night
The storm is likely to move westward at a maximum speed of 20 kph on Friday
The three-day event will feature a vibrant lineup of activities, promising to bring boundless excitement to golfers and golf fans
This year is 'virtually certain' to be the hottest in recorded history with warming above 1.5C, EU climate monitor Copernicus said Thursday, days before nations are due to gather for crunch UN climate talks
The city’s life expectancy was 76.5 years in 2023, surpassing the national average of 73.7
Canada banned TikTok from all government devices last year and launched a security review of the application
Deforestation fell by 30.6 percent in the year-to-year period beginning in August 2023
The incident forced the two pilots to parachute
These mark his first overseas trips since assuming power on October 21
