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The ratio of bad debts at a number of credit institutions in HCMC in 2011 was still high, or even sharply rose compared to the previous year, said the central bank’s HCMC Branch.
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The 2012 survey on business indicators of European enterprises in Vietnam, conducted by the European Chamber of Commerce last month, showed that confidence and business prospects among European companies in Vietnam had stabilised and far more optimistic than in the fourth quarter of 2011.
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Bank deposit interest rates will likely drop to about 10 per cent per year if the government achieves its set target of controlling the rate of inflation at 9-9.5 per cent by year-end, said State Bank Governor Nguyen Van Binh.
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