China’s central bank cuts interest rates for the first time in nearly a year, yuan weakens On June 13, the People’s Bank of China (PBOC) cut short-term lending rates for the first time in 10 months, demonstrating an attempt to restore market confidence and spur a recovery. post-pandemic in theContinue Reading

Interbank interest rates fell deeply, down 50% in the past 1 month  Interbank interest rates fell deeply. The average overnight interbank lending rate is only 2.69%, only half of the similar interest rate in the US. Interbank VND interest rates recently dropped sharply in all terms from 1 month or less.Continue Reading

Hanoi prepares urban development planning along the Red River, belts 4 and 5 At the meeting, Vice Chairman of the City People’s Committee. Hanoi Duong Duc Tuan said, after the planning task is approved, the city will carry out the next steps such as: Selecting a planning consulting organization; establish a groupContinue Reading

Ninh Thuan applies to invest in Thanh Son airport under the PPP method Ninh Thuan Provincial People’s Committee has just submitted a written request to the Prime Minister for permission to invest in Thanh Son airport in the form of public-private partnership (PPP). In the document, Ninh Thuan province saidContinue Reading