Low inflation in April has provided a good chance for the State Bank of Vietnam (SBV) to lower annual deposit interest rates to 7 percent and loan rates to 10 percent.
The Viet Nam National Coal and Mineral Industries Group (Vinacomin) is seeking approval to lower the export tax on coal, claiming the mining industry faces difficulties due to steep decreases in demand both at home and abroad.
(VOV) - The primary goal of the State Bank of Vietnam is to control the domestic gold market to stop price manipulation, Governor Nguyen Van Binh has said.
Vietnamese inflation slowed to the weakest pace in seven months in April, official data showed Wednesday, in the latest sign that the country’s economy is losing steam.