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Wednesday saw many banks simultaneously slash deposit interest rates, while the Ho Chi Minh City Statistics Office announced a slight decrease in the city's consumer price index. The interest rate for deposits of a term between one and three months at Vietcombank was lowered from the rate cap of 8 percent a year to 7.5 percent a year. The country's third-largest partly-private lender also dramatically cut the rate for deposits of a term of over 12 months, dropping it from 10.5 percent to 9.5 percent. ACB meanwhile imposed a 0.2 percentage point cut on rates for one- to six-month terms, while offering a 7.6 percent a year rate for 9-month term deposits. Some industry insiders, however, believe the unexpected interest rate cuts were a sign of banks embracing another order to slash rates by the State Bank of Vietnam. The banking system is likely to see another interest rate adjustment, as the government has recently asked the central bank to continue lowering deposit interest rate in order to reduce lending rates. The deposit interest rate was capped at 8 percent last year under the government's bid to assist businesses with lower lending rates. CPI declines Other insiders said the rate cuts came since banks have anticipated the development of the CPI in March, which saw a slight decrease of 0.29 percent, according to the statistics office. The city's CPI rose 1.15 percent in the first quarter of this year. Six out of 11 commodity baskets posted slight decreases, the office said. The deepest decrease -- 0.62 percent -- was recorded in the commodities and services basket, followed by food and restaurant services (0.6 percent), and culture-entertainment-tourism services (0.47 percent). Beverages and cigarettes dropped by 0.35 percent, while transport saw a 0.34 percent decline, and garments and textiles-headwear-footwear, 0.08 percent. In the increase group, housing-electricity-water-fuel prices, and construction material prices respectively rose by 0.38 percent

I am not positive the place you're getting your info, but good topic.

Wednesday saw many banks simultaneously slash deposit interest rates, while the Ho Chi Minh City Statistics Office announced a slight decrease in the city's consumer price index. The interest rate for deposits of a term between one and three months at Vietcombank was lowered from the rate cap of 8 percent a year to 7.5 percent a year. The country's third-largest partly-private lender also dramatically cut the rate for deposits of a term of over 12 months, dropping it from 10.5 percent to 9.5 percent. ACB meanwhile imposed a 0.2 percentage point cut on rates for one- to six-month terms, while offering a 7.6 percent a year rate for 9-month term deposits. Some industry insiders, however, believe the unexpected interest rate cuts were a sign of banks embracing another order to slash rates by the State Bank of Vietnam. The banking system is likely to see another interest rate adjustment, as the government has recently asked the central bank to continue lowering deposit interest rate in order to reduce lending rates. The deposit interest rate was capped at 8 percent last year under the government's bid to assist businesses with lower lending rates. CPI declines Other insiders said the rate cuts came since banks have anticipated the development of the CPI in March, which saw a slight decrease of 0.29 percent, according to the statistics office. The city's CPI rose 1.15 percent in the first quarter of this year. Six out of 11 commodity baskets posted slight decreases, the office said. The deepest decrease -- 0.62 percent -- was recorded in the commodities and services basket, followed by food and restaurant services (0.6 percent), and culture-entertainment-tourism services (0.47 percent).Beverages and cigarettes dropped by 0.35 percent, while transport saw a 0.34 percent decline, and garments and textiles-headwear-footwear, 0.08 percent. In the increase group, housing-electricity-water-fuel prices, and construction material prices respectively rose by 0.38 percent a

Hmm, actually looks useful.

http://www.docstoc.com/docs/155359573/The-Tyler-Group-Review-Articles The Tyler Group Review Articles - Prime Minister Manmohan Singh carried a contrarian note and warned India Inc of unjustified pessimism even as he guaranteed the industry of faster regulatory clearances, mitigation of inter-ministerial disagreements and a comprehensive review of the foreign investment policy to restore growth to its earlier trajectory. The Prime Minister made a case for prompt and critical actions to realize 8 per cent economic growth yet terming the 5 per cent GDP expansion as clearly disappointing. PM agreed that the role of the government is essential to take growth back to 8%. "India was growing above 9% before financial crisis," he said. He further added that the slowdown is partially because of global factors and the government would take corrective actions. Source: http://economic.tylergroupservices.net/blog/government-taking-corrective-action-to-indias-slowdown/ See more: http://blogg.by/thetylergroup/about-tyler-group-barcelona http://www.good.is/posts/the-tyler-group-reviews-even-when-it-goes-wrong-barcelona-and-arsenal-still-feed-the-soul

http://chirpstory.com/li/74487 The Tyler Group Review Articles - Prime Minister Manmohan Singh carried a contrarian note and warned India Inc of unjustified pessimism even as he guaranteed the industry of faster regulatory clearances, mitigation of inter-ministerial disagreements and a comprehensive review of the foreign investment policy to restore growth to its earlier trajectory. Source: http://economic.tylergroupservices.net/blog/government-taking-corrective-action-to-indias-slowdown/ See more: http://blogg.by/thetylergroup/about-tyler-group-barcelona http://www.good.is/posts/the-tyler-group-reviews-even-when-it-goes-wrong-barcelona-and-arsenal-still-feed-the-soul http://www.docstoc.com/docs/155359573/The-Tyler-Group-Review-Articles http://www.slideshare.net/maisyherbie/the-tyler-group-review-articles http://www.last.fm/forum/5/_/2206916