Friday , April 19 2024

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Banks paying stingier interest rates to depositing customers

Banks paying stingier interest rates to depositing customers

Ten banks have reduced deposit interest rates by 0.3-1 percentage points over the last two week. The highest rate any Vietnamese bank is now paying out as interest on deposits is 9.5% a year. PGBank slashed the rate by 1 percentage point. Early last month, some 20 banks offered depositors …

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US soldiers receive Muay Thai lessons from Thai champion

American soldiers received Muay Thai lessons from a champion fighter in Thailand during the annual multilateral “Cobra Gold” military drills hosted by the Asian nation. Soldiers took instruction and punched and kicked alongside Thai champion Sombat Banchamek, or Buakaw (White Lotus) as he is widely known in the country. “For …

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Shrimp exports set for difficult year

Shrimp exports set for difficult year

Vietnam’s shrimp exports face challenges with prices decreasing and competition from Ecuador and India intensifying, according to the Vietnam Association of Seafood Exporters. Global prices have been decreasing since the second half of last year and are expected to fall further this year as supply rises sharply to six million …

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