The Hanoitimes – The demand on online shopping in Vietnam is increasing, bringing positive results to e-commerce platforms in Vietnam. Even though the first months of every year is the low season for shopping, e-commerce sites in Vietnam have seen a surge in orders in the January-March 2020 period as the Covid-19 pandemic changes consumers’ behavior. […]
Read MoreThe Hanoitimes – Four transaction fees for derivatives market would be adjusted this week with immediate effect. Vietnam’s Ministry of Finance (MoF) has agreed to a proposal from the State Securities Commission of Vietnam (SSC) on reducing fees for a number of brokerage services in a move to help investors and traders cope with effects from […]
Read MoreFURTHER monetary easing by Vietnam’s central bank cannot be ruled out amid a worsening coronavirus-led global health crisis, said Maybank economists on Tuesday, although it is expected to stay on hold after surprise rate cuts. The State Bank of Vietnam (SBV) announced late Monday a 100 basis-point (bps) cut to its refinancing rate from 6 […]
Read MoreThe Hanoitimes – The FDI sector posted exports of US$26.2 billion in the January – February period, up 5% year-on-year and accounting for 67% of Vietnam’s exports. Vietnam posted a trade surplus of US$1.82 billion in the first two months of 2020, a stark contrast from the General Statistics Office’s estimated trade deficit of US$176 million […]
Read MoreThe Hanoitimes – The cut is made to refinancing interest rate, discount interest rate, and interest rate applicable to overnight loans, starting effective from today. The State Bank of Vietnam, the country’s central bank, has decided to cut its policy interest rates by 50 – 100 basis points as the Covid-19 epidemic is taking a heavy […]
Read MoreThe Hanoitimes – Fitch Solutions has forecast that Vietnam’s automotive market will remain robust in 2020, as an improved credit outlook and declining vehicle prices all support higher vehicle demand. Vietnamese authorities are mulling a host of favorable policies to help the local automobile industry reduce costs, increase output and drive up demand in order to […]
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