77% Vietnamese uses idle money for saving

The rate of Vietnamese consumers putting their idle money in saving accounts is 70 percent, higher compared to 62 percent in Singapore and 63 percent in Thailand, according the latest consumer confidence report by Nielsen--the American global information and measurement company.

According to the report, 86 percent Vietnamese last year spent less on new clothing and outdoor activities, and tried to curb daily expenses on gas, electricity and others.

The Australia and New Zealand Banking Group Limited has announced that January Vietnam's consumer confidence index 2015 slid by 0.2 percent from the previous month to 135.4 points, higher than the average level of 133.3 points last year.

Forty-three percent of consumers consider it is best time now to purchase household appliances and only 11 percent think it is bad time to do so.

By Ham Yen - Translated by Hai Mien

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