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Banks increase interest rates on deposits

Banks increase interest rates on deposits

Banks have hiked deposit interest rates by up to 1.9 percentage points to nearly pre-Covid levels. More than 30 lenders raised them last month, 20 of them across the board. The average increase was 0.35 points for three-month deposits and 0.9 points for six months or more. Only four have …

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PM wants tougher rules for karaoke licensing

PM Pham Minh Chinh has instructed the Ministry of Culture, Sports and Tourism to tighten licensing regulations for karaoke parlors. In summing up an online national conference on fire safety held in mid-September he said the Ministry of Culture, Sports and Tourism should verify if karaoke and dance establishments have …

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Two Vietnamese paintings fetch 1.5 mln euros at French auction

Thang Tran Phenh’s paintings “Choi Bai” (The Card Game) and “Xem Boi” (The Wizard) sold for 780,000 euros (US$773,700) and 715,000 euros at an auction Tuesday by Lynda Trouve. They were offered at the “Indochina -Chapter 14” auction in Paris live on the company’s website. French auction house Lynda Trouve …

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