Vietnam's deposit interest rates may see a slight increase in the second half of the year as the economy shows clear signs of improvement, according to banking experts.
Source separation of waste is seen as core solution in the circular economy application, and has been applied by countries having high recycling rates.
The success of deposit-return system operation in some European countries recommends that Vietnam can apply the model to boost the circular economy in the future, especially when the informal waste collection workforce reduce.
Moody's Investors Service has placed the Ba3 local and foreign currency issuer and senior unsecured ratings of the government of Vietnam under review for downgrade, which Vietnam's Ministry of Finance said is not convinced.
The total deposits from customers in LienVietPost bank decreased by nearly VND19 trillion, equivalent to over $815 million in the third quarter of this year and the bank entered into a credit contract with JPMorgan Chase Bank to improve mobilization structure, according to its recently released financial report.
Credit growth in 2017 reaches 16.96 per cent; meanwhile, the total means of payment and capital mobilization of credit institutions increase by over 14 per cent, according to the General Statistics Office of Vietnam (GSO).
The gross domestic product (GDP) in 2017 is estimated to increase to 6.81 per cent, exceeding the target of 6.7 per cent and the highest rate since 2011, according to General Statistics Office of Vietnam (GSO).
Customer deposits in the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) increased by 16.6 per cent in the first nine months of 2017.
The proposal to tax bank deposit interest is controversial among experts and the public.
According to the draft circular of the State Bank of Vietnam (SBV), non-resident foreigners can deposit savings in both local and foreign currency at commercial banks, a positive move not only to limit speculation in the market but also guarantee legal reights for non-residents presenting in Vietnam.
Data is Updating!
