Economic Recovery

Interest rates likely to raise at end of first quarter

Interest rates likely to raise at end of first quarter

A low-interest rate environment in long term could make capital available for other investment channels, so banks are under pressure to readjust their savings mobilization rates to better attract idle capital.

Vietnam retail market records $172 billion in 2020

Vietnam retail market records $172 billion in 2020

Such growth rate, while remaining lower compared to the 12.7% recorded the previous year, was an encouraging sign for the business community amid global retail market suffering plunge in revenue during the pandemic.