VnExpress News The News Gateway of Vietnam

Interest on personal and business loans have increased by about two percentage points to around 13% and 9%, respectively, against early this year, burdening individuals and businesses. Hang, communications officer with a firm in HCMC, said the interest rate on the bank loan she took to buy a house has …

Price stabilizing businesses, set up by Ho Chi Minh City to ensure prices of consumer goods do not fluctuate wildly, are struggling to survive as input costs surge while retail prices see little increase. Nguyen Dang Phu, deputy CEO of food processor Vissan, said that although regulations allow his company …

Vietnam’s biggest brewer Sabeco gained after-tax profits exceeding VND4.42 trillion ($1=VND24,800) in the first nine months of 2022, a year-on-year surge of 75%. Sabeco’s revenues surpassed VND25.1 trillion, up 44% on-year, according to its latest financial statements. Meanwhile, the firm spent over VND1.8 trillion on advertisements and promotions. In the …