Press

Vietnam’s Economy Remains Outperformer as GDP Climbs 6.4pct

Vietnam’s economic growth accelerated this quarter, boosted by foreign investments and rising exports. Key Points Gross domestic product rose 6.4 percent in the third quarter from a year earlier,

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Press

Is the race to reduce interest rates not for small banks?

Recently, some state-owned commercial banks plummeted deposit rates in dong by 0.3-0.5 percent/year. The State Bank said “This is a positive solution to carry out the direction on reducing

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Vietnam deliberates raising bank foreign ownership cap

The Vietnam government is contemplating raising the foreign ownership cap on domestic banks beyond the current maximum limit of 30 percent, according to a recent report by Reuters. The changes

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Press

Brexit: What now for Britain, Belgium and Europe?

Emma Portier Davis and Alan Hope After the historic decision by UK voters to leave the European Union, local politicians, business leaders and professors give their reactions, and their

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