Base Interest Rate Remains Unchanged at 8%
The Governor of the State Bank of Vietnam (SBV) issued Decision No. 618/QĐ-NHNN dated March 25 on keeping the base yearly interest rate unchanged at 8%.
The decision will take effect on April 1st and replace Decision No.353/QD-NHNN dated February 25 on the VND base interest rate.
It is notable that since December 1st, 2009 (5 consecutive months), the VND base interest rate has been kept unchanged.
P.V
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