Friday, 5/7/2024
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banking
State Bank of Vietnam to keep policy rates steady in 2024: UOB
With the pace of economic activities on the mend and inflation rates already easing below the target level, the State Bank of Vietnam (SBV) will maintain its refinancing rate at the current level of 4.5% to support economic recovery, the United Overseas Bank (UOB) said in a report.
Business
Real estate credit increases
Hai Duong banks’ credit balance for real estate recorded an increase in proportion compared to the total outstanding loans.
NA kicks off Q&A session, focusing on social housing package
As the first Cabinet member to speak, Governor of the SBV Nguyen Thi Hong discussed several concerns including the VND120 trillion (US$5.11 billion) social housing credit package, which experienced high demand but low disbursement.
Vietnam remains attractive to foreign businesses: HSBC
Vietnam stands out as one of the top performers in the ASEAN region given its strong economic resilience during and after the COVID-19 pandemic.
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