TIẾNG VIỆT 
Central bank asks lenders to lower lending rates by 1.5-2%
The State Bank of Vietnam has asked banks to lower lending rates for both new loans and outstanding loans by 1% to 2% annually.
News
Vietnam’s aviation sector records 42% growth in seven months
Domestic air passenger transport has recovered significantly, with an annual rise of 41.8% recorded in the first seven months of 2023.
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.
Vietnam borrows more than $530 million from international partners
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.
- Rising dragon: Amazon eyes Vietnam as key link in global supply chain 1
- Vietnamese textile-garment sector logs record number of export markets 2
- Vietnamese fruits struggle with higher standards 3
- VinaCapital seeks to sell SkyX Solar for $100 million 4
- Vietnam takes advantage of FTAs for exporting agricultural products 5
- Vietnam on the rise as a promising destination for int'l retailers 6
Most view
Vietnam's Nghi Son refinery could face a $1 bln loss in 2023
A document signed by Kuwait's oil minister and seen by Reuters showed that Vietnam's largest oil refinery, in which Kuwait Petroleum International (KPI) owns a stake, could lose $1 billion this year.
Ways must be sought to help firms join global production, supply chains: insiders
Vietnamese exporters are facing new difficulties caused by tighter regulations and standards and fierce competition in international markets.
Vietnam Australia’s largest cotton importer: Authority
Vietnam is the largest cotton importer of Australia with 38.8% of the market share.
Circular economy a choice for sustainable development
Amidst worsening environmental pollution and natural resource exhaustion, the circular economy model emerges as a visionary solution for the society and economy.
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"Copycat layoffs" won't do the tricks
Layoffs might seem like a quick and effective short-term solution but will come at higher costs in the long run, especially in terms of employee loyalty and productivity.
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Vietnams eyes sustainable development of coastal cities
Vietnam aims for a model of coastal eco-cities that are smart, climate-resilient, and sustainably developed, where urban planning for coastal areas will centre around people, said insiders.
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Furniture market to see increased competition
Vietnam's furniture market has been said to be among some of the fastest growing in the Pacific region, attracting major international brands to enter the country in recent years, said industry experts.
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High logistics costs hurt VN economic competitiveness
Inadequate transport infrastructure and connectivity and domestic enterprises’ low capacity, technology adoption and digital transformation are hindering the otherwise rapidly growing logistics industry.
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Vietnam spends $5 billion on fuel imports in 7 months
Domestic enterprises imported a total of 6.26 million tonnes of petroleum products to ensure supply in the domestic market in the last seven months.
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Changes required to improve efficiency and management of public invesment: ...
Despite growing needs, Vietnam's public investments have been on a declining trend from 8 percent of GDP in 2011 to 6 percent in 2022.
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Doors wide open for agricultural exports to China
China was the largest importer of Vietnamese agricultural products in the first seven months of 2023, accounting for 21.9% of the total figure.
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Local electronics producers slip through the cracks
Local electronics producers stayed on the sidelines when global heavyweights moved their facilities to Vietnam and outsourced their production.
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Vietnamese rice can grow larger UK market share: insiders
Vietnam now has a great opportunity to expand its rice market share in the UK after India, the biggest supplier of the grain to this market, banned the export.
