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SBV increases deposit interest rate ceiling

SBV increases deposit interest rate ceiling

The State Bank of Vietnam would increase the ceiling of deposit interest rates, with terms from 1 month to below 6 months, by 1 percentage point to 6% a year, effective Tuesday. This is the second increase in a month amid rising global inflation and strengthening U.S. dollar, it said …

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Central bank increases deposit interest rate ceiling

Central bank increases deposit interest rate ceiling

The central bank would increase the ceiling of deposit interest rates, with terms from 1 month to below 6 months, by 1 percentage point to 6% a year. This is the second increase in a month amid rising global inflation and the U.S. dollar hike, the bank said Monday. Quyết …

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Former education minister warned over negligent management

The Party Central Committee Secretariat has issued an official warning to Phung Xuan Nha, former Minister of Education and Training, and the ministry’s Party Civil Affairs Committee for committing several management violations. Based on recommendations made by the Central Inspection Commission earlier this month, the Secretariat said Monday that the …

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