VnExpress News The News Gateway of Vietnam

Vietnam’s economy is facing strong headwinds due to slowing external demand, rising inflation and tightening domestic financial conditions, according to the World Bank. Export growth slowed to a 12-month low of 4.8% year-on-year as external demand weakened amid high inflation, tightening global financial conditions, and heightened global uncertainties, the bank …

Commercial banks have increased deposit interest rates by 0.1-0.3 percentage points over the past few days, with SCB offering the highest rate of 9.75 percent. Techcombank hiked its annual deposit interest rates by 0.3 percentage points Tuesday to 9% for 12-month deposits, 8.7% for 6-11 month deposits and 6% on …

Automaker VinFast has launched its first Canada store in Toronto with plans to roll out seven more before year-end. “The opening of the first store in Canada marks the next milestone in VinFast’s global expansion journey,” CEO of VinFast Canada Huynh Du An stated. “Our network of stores will be …