Despite a big rise in the prices of construction materials and fuel, a 5-year low in the consumer price index caused by weak demand in the first five months of 2021 is signalling a successful control of inflation.
The ongoing fight against the COVID-19 pandemic has led to huge demands for capital for Vietnam to support local production. The country is cementing cooperation with the international community to fuel its efforts, amid expectation of a continued deficit in the state budget.
Low inflation and low interest rate environments are typically good times to invest in mutual funds, but what about when inflation and interest rates start to go up? The answer is simple: invest in mutual funds.
Mazda, Toyota, Honda and Mitsubishi have recalled thousands of cars to resolve a fuel pump malfunction.
Japanese energy giant ENEOS Corporation has registered to buy another 25 million shares of fuel distributor Petrolimex to increase its ownership to 4.87 percent.
Payment systems in Cambodia have seen remarkable strides in line with the evolution of financial technology (fintech) and significantly contribute to the development of the national economy, as digital transactions witness a Covid-19 boom, the National Bank of Cambodia (NBC) said in the 2020 annual report on the payment system.
Credit pumping into real estate takes a large share in the total outstanding loans, following by corporate bonds and stock market.
Honda Vietnam has announced it would recall 27,640 locally assembled and imported vehicles to resolve a fuel pump malfunction.
Fuel distributor Petrolimex has hired a company to value its 40 percent stake in PGBank to enable its sale, its chairman has revealed without identifying the accounting firm.
The $90 million syndicated loans, with preferential rates and support from foreign lenders, will add more fuel to VietinBank Securities’s loan advisory and financing arrangements activities.