05:07, 30/07/2010

Basic interest rate remains unchanged at 8%/year

The State Bank of Vietnam issued Decision No. 1819/QD-NHNN on July 27...

The State Bank of Vietnam issued Decision No. 1819/QD-NHNN on July 27 to keep the VND basic interest rate at 8%/year as of August 1, 2010.

On the same day, the State Bank of Vietnam announced its refinancing interest and rediscount interest rate applied to credit organizations at 8% and 6%/year, respectively.

N.T