VNStockNews.com – Interest rates on loans will continue to drop by at least 0.5 percent/year in May and will be kept at 12-13.5 percent for businesses, according to Vice Chairman of the National Financial Supervision Committee Dr. Le Xuan Nghia. Since early this year, several businesses have borrowed in VND from commercial banks at annual interest rates of between 18-20 percent.

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Reduction in interest rates show positive signs