30 year refinance fixed mortgage rates

Prime Minister Nguyen Xuan Phuc beats the gong to open the New Year's trading session in Hanoi on February 12 (Photo: VNA) Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc highlighted a bright outlook for Vietnam’s economy while opening a stock trading session after the Lunar New Year holiday in Hanoi on February 12. Citing international organisations’ forecasts, PM Phuc said the World Bank has predicted that Vietnam will record an economic growth rate of over 6.6 percent in 2019. Meanwhile, Standard Chartered and ANZ believe the economy will enjoy the fastest growth in ASEAN and be a highlight in the world’s economic panorama. Some organisations also perceived that there is room for Vietnam’s economy to grow at a pace of 7 percent this year. Echoing the view, the National Financial Supervisory Commission said the economy is likely to expand by 7 percent. The Government leader said those forecasts show the confidence in Vietnam’s economic … [Read more...] about Prime Minister opens New Year’s trading session

The consumer price index (CPI) between January and May increases by 2.74 percent from the same period last year. (Photo: VNA) Hanoi (VNA) – The consumer price index (CPI) between January and May increased by 2.74 percent from the same period last year – the slowest five-month pace over the last three years, according to the General Statistics Office (GSO). The GSO said on May 29 that the CPI in May grew by 0.49 percent from April, 1.5 percent from December 2018, and 2.88 percent from the same period last year. Compared to the previous month, nine of the 11 groups of main consumer goods and services recorded price hikes in May, including transport (up 2.64 percent); housing fees and construction materials (1.28 percent); beverage and cigarette (0.18 percent); and garments, headwear, and footwear (0.12 percent). Price declines were reported in medicines and healthcare services (down 0.06 percent), and postal and telecom services (0.05 percent). Explaining the CPI … [Read more...] about Five-month CPI rises 2.74 percent year-on-year

Vietnam recorded a year-on-year rise of over 2.7 per cent in consumer price index (CPI) in the first four months of this year, marking the lowest rate of increase seen in three years, according to the General Statistics Office. The CPI in April was some 0.3 per cent higher than in the previous month and 1 per cent higher than in December 2018, representing growth of nearly 3 per cent year on year. The CPI growth in April and the average growth in the first four months this year showed the stability of Vietnam’s economy even as the world faced price fluctuations and petrol price increases. In April, some goods and services showed low levels of price growth due to the State Bank of Vietnam’s flexible monetary policies. The GSO said core inflation – which is the CPI excluding food items, energy products, and State-managed healthcare and education services – in April increased nearly 0.1 per cent against March and some 1.9 per cent year on year. – VNA VNA … [Read more...] about Four-month CPI growth lowest in three years: GSO

Vietnamese technical interns practice the Japanese etiquette in a classroom at the Vĩnh Phúc Labor Export Training Center. Japan is the country that receives the largest number of Vietnamese workers in the last months of 2018. — VNA/VNS Photo Nguyễn ThảoViet Nam News HÀ NỘI — 2019 is considered a promising year for labour export with a series of potential markets with good jobs and salaries are opening door for Vietnamese workers overseas. Japan continues to be a favourite destination for many Vietnamese workers, and according to the Overseas Worker Management Department under the Ministry of Labour, Invalids and Social Affairs, the number of Vietnamese workers in Japan rises each year. In 2013, Việt Nam exceeded for the first time the benchmark of 10,000 workers sent to Japan a year. The figure reached more than 30,000 in 2015 and more than 54,000 last year. There is currently an estimated 120,000 Vietnamese labourers working in … [Read more...] about Promising year for labour export

MWG warned shareholders that Bach Hoa Xanh may not break even within the year as targeted before Viet Capital Securities (VCSC) reported that Bach Hoa Xanh will postpone the target to break even that had been set for the end of this year. Bach Hoa Xanh set the goal to reach the break-even point which excluded the general and administration expenses (G&A) of its two recently new distribution centres in the South-Central Coast. Bach Hoa Xanh is currently present in three provinces in this region with a total of 15 stores. However, Bach Hoa Xanh needs to invest in advance in distribution centres to pave the path for further stores down the road. As a result, the cost of distribution centres over revenues (including the cost of distribution centre operations and the cost of transporting goods from distribution centres to stores) has increased to around 5.5 per cent in recent months compared to 4.5 -5.0 per cent as before. The average sales per store of Bach Hoa Xanh dropped to about … [Read more...] about MWG predicts Bach Hoa Xanh may break even only next year