Enhancing access to credit for businesses and individuals is a major concern for the entire society. During these challenging times, all levels of authority, sectors,...
There are various reasons to expect the real estate market to gradually rebound, particularly between the conclusion of the third quarter and the end of 2023. However,...
Because banks were unable to track cash flow, they did not dare to offer real estate loans while this market was in turmoil.
The State Bank of Vietnam last week cut its policy rates for the third time this year to prop up economic growth. Accordingly, the bank cut its refinance rates from 5.5...
Capital and interest rates continue to be issues mentioned by industry associations at the Conference “Removing difficulties in production and business and boosting...
Borrowing capital of enterprises at banks is an old story, but new details always arise. Especially in the current difficult market situation, enterprises expect the...
As of April 24, foreign banks and credit organizations have officially initiated a restructuring of loan repayment terms while retaining the current debt group to assist...
Commercial banks must cut operating expenses, reduce administrative operations, and assist individuals and enterprises through methods such as fee reduction, interest...
The real estate market in Vietnam is probably the only market that is operating in moderation and waiting for time to change for the better.
Many domestic enterprises are facing the situation of not being able to repay bank loans despite being supported with restructuring. This leads to the risk of switching...
Under a document issued late last week, the SBV has required the institutions to simplify administrative procedures, shorten the time needed to approve loans, and...
Since the beginning of March 2023, commercial banks have reduced deposit interest rates which have been contrary to forecasts made by many domestic and foreign...
Commercial banks have agreed to lower deposit interest rates by about 0.5 percent starting from March 6, while State-owned banks will only reduce their rates by 0.2...
The Ministry of Construction has proposed the Government arrange a credit package worth around VNĐ110 trillion ($4.6 billion), but later retracted the package proposal,...
Along with the cooling trend of deposit rates, some banks have announced credit packages to support lending rates.
This week, the State Bank of Vietnam (SBV) said it would crack down on the activity, noting that credit institutions will have to take full responsibility before the law...
Experts predict that Vietnam's interest rate will remain high in 2023, raising concerns about the availability of financing for enterprises in the absence of aggressive...
Bank loans have been made available only to projects with adequate legal dossiers and plausible profit prospects.
Up to now, 12 banks have committed to reducing interest rates from 0.5-3% per year with an amount of more than VND 3,300 billion to support businesses and people.
Due to tighter restrictions on corporate bond issuance and credit exposure to real estate, rising mortgage rates, and a decline in new supply, Vietnam's real estate...
After the support package of VND 30,000 billion (US$ 1,268,077,766) for social housing loans ended in 2016, the State Bank implemented social housing loans with...
If the State Bank of Vietnam (SBV) waits until the fourth quarter of 2022 to provide additional credit quotas to banks, it will be too late in comparison to the current...
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