vietnam bank interest rate, Vietnam Business News
Vietnam companies worry about high interest rate of lending capital
According to the State Bank of Vietnam (SBV), lending interest rates have dropped to 12-13.5 percent per annum for short-term loans and 13-14.5 percent for medium and long-term loans. Firms complain, however, that attractive interest rates are applied only to agricultural areas, or for export companies and loyal clients. In
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High interest rates hinder export loans
Businesses complain that if the interest rates on loans remain high, Vietnamese products lose their competitiveness in the global market. The main characteristic of Vietnamese enterprises, especially small and medium enterprises is that they have a small capital, and businesses to use bank loans. In general, Vietnamese businesses should take
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Expand Da Lat city to 57000 ha
. The 16th meeting of the Da Lat City’s People’s Council on June 30, 2009 approved the plan to enlarge Da Lat City by 57,000 hectares in the next decade.
State to buy coffee to support price
Viet Nam harvested almost 1 million tonnes of coffee in 2009-10. Traditionally, coffee exports soar in the first and fourth quarters of the year. However, last year, domestic consumption slowed
Positive outlook for Binh Duong real estate market
The property market in southern Binh Duong Province has the potential to develop strongly and even match the major cities of Ha Noi and HCM City in the rental segment,
Vietnam gas pipeline project deal
A business cooperation contract on a gas pipeline project for Block B- O Mon was signed in Hanoi on March 11 by the PetroVietnamGas Corporation (PVGas), Chevron, MOECO (Japan) and
Vietnam has no rubber to sell while rubber price up
Natural rubber latex prices have been increasing steadily since the beginning of 2010. Yet even though the potential for profits is expanding, Vietnamese businesses have no rubber to sell.
International seminar on cashew trade in Binh Phuoc
An international consumer conference on the import and export of cashew nuts was held in Binh Phuoc province on March 22 in an effort to establish a global cashew nut
Viet Nam Gas Association has recommended the Ministry of Finance cut the import tax
The Viet Nam Gas Association has recommended the Ministry of Finance cut the import tax on liquefied petroleum gas (LPG) from the current 5 per cent to 2 per cent
Five ports named for imported cars
The five ports are: Cai Lan in Quang Ninh province, Hai Phong Port in Hai Phong city, Da Nang Port, HCM City Port and Ba Ria-Vung Tau Port. Customs declarations