VietFinanceNews.com - Vietnam’s inflation slowed for a fifth month in January, giving the central bank more room to cut interest rates as a deteriorating global economy dims the outlook for exports.
VietFinanceNews.com - Deposits in the banking system rose in December after falling for three months in a row while loans continued to expand at a slow pace, the central bank said in a report.
VietFinanceNews.com - The volume of kieu hoi (overseas remittance) to Vietnam has been increasing in recent years and it is expected to further increase in the upcoming years.
VietFinanceNews.com - Overseas remittances have increased steadily for Vietnam in recent years, but the country is yet to have policies to attract this resource of capital for economic development.
VietFinanceNews.com - International Finance Corporation (IFC), a member of the World Bank, has decided to raise the trade finance limit in Lien Viet Post Commercial Bank from US$5 million to $20 million.