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China cut its benchmark lending rate and lowered the mortgage reference by a bigger margin on Monday, adding to last week’s easing measures, as Beijing boosts efforts to revive an economy hobbled by a property crisis and a resurgence of Covid cases. The People’s Bank of China (PBOC) is walking …

Construction of two bridges across a Mekong tributary are proposed at a cost of VND9 trillion ($386 million) to replace ferry services currently in use. The Ministry of Transport’s My Thuan Project Management Board has called for building the Tan Chau – Hong Ngu and Vam Nao bridges over the …

Bank deposits rose by nearly 250% year-on-year as oj June 30 to VND5,619 trillion ($240.1 billion) as interest rates went up amid the post-Covid economic recovery. Banks hiked deposit interest rates by 0.5-1% percentage point as credit demand rose due to the recovery, according to a report by the BIDV …