Banks continue to slash deposit rates
Local lenders have lowered 6-month deposit interest rates since August. Interest rates for 12-month terms range from 6–7% per year.
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The new visa policy, coming into force on August 15, is believed to open up various opportunities for tourism development, and stakeholders in this industry are taking actions to seize those chances.
Vietnamese exporters have renegotiated higher prices for around half a million metric tons of rice, as global prices climbed to 15-year highs following India's ban on overseas sales last month.
Domestic air passenger transport has recovered significantly, with an annual rise of 41.8% recorded in the first seven months of 2023.
Local lenders have lowered 6-month deposit interest rates since August. Interest rates for 12-month terms range from 6–7% per year.
The Vietnamese government signed six loans totaling $531.79 million in the first seven months of 2023, according to the Debt Management and External Finance Department.
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