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Banks denounced of pocketing big money by charging high interest rates
VietNamNet Bridge – Some economists say commercial banks now make “super profit” when keeping the input and output interest rate margin at six percent. Meanwhile, banks have denied this.
Interest rates going down and will decrease more sharply
Vietcombank, one of the biggest commercial banks in Vietnam, has pioneered in slashing the deposit interest rate to 6 percent per annum. Other banks have unanimously reduced the lending interest rates.
SCIC’s role in state invested enterprises dim and unclear
Holding a huge asset of the state, contributing capital into many big enterprises and considered the biggest and most powerful investor in Vietnam, the State Capital Investment Corporation (SCIC) has been playing a very dim role in the businesses.
What’ll the main markets be like in 2013?
The stock market would attract more investors in 2013, while the real estate market would still be in its hibernation.
SBV too hasty to stop capital mobilization and lending in foreign currencies
The State Bank of Vietnam has been taking drastic measures to implement its plan to stop the capital mobilization and lending in foreign currencies.
