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Retail Interest Rate Asymmetry Adjustment Behavior

The response of retail interest rates to changes in policy rates is sluggish. than when the market was not open. Stiglitz & Weiss (1981) provide another explanation for interest rate rigidity based on information asymmetry. If the risk of bankruptcy of commercial banks is high, these banks will ...

Conditions for Sam Son Tourism Development

Sam Son was built into a resort to serve the French and the Nguyen Dynasty kings and mandarins. This was the time that marked the birth of Sam Son tourism. On April 19, 1963, the Government Council of the Democratic Republic of Vietnam issued Decision No. 50/CP to establish Sam Son town, including ...

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