VIETNAM BUSINESS NEWS AUGUST 1
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Masan net revenues up 16 4% in H1 - Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports
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According to VnDirect Securities Company, in May small private banks hiked deposit interest rates by
3-4 per cent but not large ones.
It took until June for the race to begin in earnest and the rest to join.
Vietcombank, the country’s largest lender, increased interest rates on deposits of less than 12 months by 0.2 percentage points, which brought them, until then the lowest in the industry, on par with those offered by other state-owned banks.
Analysts said since June COVID-19 vaccination programmes have been undertaken nation-wide, bringing hope that the pandemic would soon be controlled and economic activities would recover, which would increase demand for credit.
Processing pangasius fillets for export at a factory in Dong Thap province. (Photo: VNA)
Hanoi (VNA) – The total export turnover of agricultural, forestry and aquaculture products
reached 24.23 billion USD in the first six months of 2021, an increase of 28.2
percent compared to the same period of 2020, according to the Ministry
of Agriculture and Rural Development (MARD).
Based on the encouraging outcome and signs of recovery in the world
market, the ministry has raised the yearly target for export earnings from
those products to 45 billion USD, 3 billion VND higher than the amount assigned
by the government.
The high export turnover in the first half was attributable to surges in