News

A question being asked by many experts now is why banks are joining a race to increase deposit interest rates though there is no ostensible liquidity shortage.

The director of the General Statistics Office, Nguyen Bich Lam, has said the power price hike will have a certain effect on inflation and economic growth.

Viet Nam’s strong economic growth and rapid increase in per capita income has driven demand for a better quality of life, thus the development of the interiors market, including for mattresses, according to experts.

Banks, enterprises and depositors are all concerned about what will become of deposit and lending interest rates.

The headline consumer price index (CPI) in the first quarter of this year fell to a three-year low of 2.63% compared to the one-year-ago period, due to lower consumer demand after the Lunar New Year (Tet) holiday, and the impact of the ongoing African swine fever on pork sales.

The first shipment of 47 containers of aerospace components will be exported in June 2020 by Danang Sunshine, an aerospace components manufacturing facility invested by Universal Alloy Corporation (UAC), according to Le Truong Ky, chairman and general director of DINCO E&C, the contractor of the factory.

Although recent years have seen a wave of investments in the local healthcare sector, investment procedures in the sector are often overlapping and complicated. Therefore, the country should pay more attention to simplifying these procedures, said experts at a seminar held in HCMC on March 29.

The Korean International Cooperation Agency (KOICA) has granted Vietnam a non-refundable aid package worth US$5.5 million to develop a national investment information system project.

Following six years of construction, Danang Information Technology Development JSC has opened the first phase of the Danang Information Technology Park (DITP) in the city’s Hoa Vang District.