Banking sector faces liquidity challenges amid rate cuts

Banking sector faces liquidity challenges amid rate cuts

Several banks swiftly lowered deposit interest rates last week, paving the way for reductions in lending rates in the near future to bolster businesses and fuel recovery.

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Vietnam welcomes European firms for shared successes: PM

Prime Minister Pham Minh Chinh chaired a dialogue with European enterprises in Hanoi on March 2 to boost cooperation and investment, aiming to achieve a growth rate of at least 8% this year, paving the way for double-digit growth in the years ahead.

PM directs measures to boost economic growth, ensure GDP expansion of at least 8%


Prime Minister Pham Minh Chinh on March 1 signed Directive No.05/CT-TTg outlining key tasks and breakthrough solutions to drive economic growth and accelerate public investment disbursement, ensuring that Vietnam’s GDP growth reaches at least 8% in 2025.
Quang Binh and Viettel sign cooperation agreement on digital transformation

PANO - The Quang Binh provincial People's Committee and the Military Industry-Telecoms Group (Viettel) signed a "Cooperation Agreement on Digital Transformation for Quang Binh province from 2025 to 2030" on February 22.

MB launches new branch in Kon Tum Province


PANO - On the morning of February 14, in Kon Tum City, Kon Tum Province, the Military Commercial Joint Stock Bank (MB) inaugurated its Kon Tum branch (MB Kon Tum) at 934-936 Phan Dinh Phung Street, Quyet Thang Ward, Kon Tum City.
Vietnamese young entrepreneurs in Europe strengthen network

The Vietnam Young Entrepreneurs Association in Europe was officially established in Berlin on February 28, aiming to connect Vietnamese business communities across the continent and foster knowledge sharing and collaboration.

Prime Minister calls on Japanese firms to see Vietnam as strategic destination


Prime Minister Pham Minh Chinh has called on Japanese enterprises to continue placing their trust in and deepening their engagement with Vietnam, and to consider Vietnam a strategic base for expanding their investment, production, and business activities.
Lever for Vietnam - U.K. trade

PANO - On December 15, 2024, the U.K. became the first European country to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), officially becoming the trade bloc's 12th member. This important agreement is creating significant momentum for growth in trade relations between Vietnam and the U.K.

Vietnamese OCOP products gain global recognition


After six years of nationwide implementation, Vietnam’s “One Commune, One Product” (OCOP) program has achieved remarkable success. OCOP products are now making their mark on international markets, boosting incomes of farmers and promoting Vietnam’s culture and craftsmanship worldwide.
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