On November 01, 2024, the Governor of the State Bank of Vietnam issued Decision 2411/QD-NHNN regarding the maximum interest rate on deposits in Vietnamese dong by organizations and individuals at credit institutions and branches of foreign banks in Vietnam.
On September 30, 2024, the Governor of the State Bank of Vietnam promulgated Circular No. 46/2024/TT-NHNN on the application of interest rates to deposits in USD of organizations and individuals at credit institutions and foreign bank branches.
According to Official Telegram 103/CD-TTg of 2024, the Prime Minister has issued directives to reduce lending interest rates and continue implementing tax reduction policies and tax deferral to support production and business in Vietnam.
Decision 1728/QD-NHNN of the State Bank of Vietnam on the refinancing interest rate, rediscount interest rate, overnight lending rate in inter-bank electronic payments, and lending rates to cover capital shortfalls in clearing payments of the State Bank of Vietnam for banks issued on September 30, 2020.
On March 31, 2023, the State Bank of Vietnam issued Decision 578/QD-NHNN regarding the interest rate for deposits in Vietnamese dong of the Vietnam Development Bank, the Vietnam Bank for Social Policies, the People's Credit Fund, and microfinance institutions at the State Bank of Vietnam.
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