Wednesday, October 1, 2025

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monetary finance

Latest news related to financial and monetary matters

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Understanding consumer loans to get good interest rates

(Baonghean.vn) - According to economic expert Dr. Can Van Luc, there are two ways to reduce loan interest rates. One is to ensure a good credit record. Two is to avoid bad debt because if you have a bad debt history, the finance company will definitely not apply a lower interest rate for the next loan.

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The State Bank will sell USD at a lower price to intervene in the market.

Faced with the sharp increase in exchange rates from the morning to the afternoon of July 2, Mr. Pham Thanh Ha, Director of the Monetary Policy Department, State Bank of Vietnam (SBV), said that this agency is closely monitoring market developments and is ready to sell foreign currency at a lower price than banks to intervene.
The Prime Minister is extremely worried about low growth.

At the regular Government meeting held today, April 3, Prime Minister Nguyen Xuan Phuc said that the GDP growth of 5.1% in the first quarter of 2017 is low and he is very worried.

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