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...
Although Decree 31/2022/ND-CP of the State Government offers support to businesses, cooperatives, and business householders at 2 percent interest rate when borrowing...
The reform of the national credit guarantee funds is critical in light of the fact that the majority of small and medium-sized firms (SMEs) are unable to obtain bank...
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