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Ho Chi Minh City
Tuesday, July 23, 2024
HCMC – The State Bank of Vietnam (SBV) plans to revise its VND120 trillion home loan package to make it more attractive to buyers of social homes. The revision comes after the soft loan package saw few takers despite being launched over a year ago, with merely VND1.34 trillion disbursed so far. SBV Deputy Governor Dao Minh Tu said that the revisions would include a further decrease in lending rates during...

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Continued rise in interest rates

Putting exchange rate volatility and inflation under control results in money supply growth slowing, thus piling pressure on interest rates. However, economic recovery and...

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