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...
Many banks have so far not only closed their doors to real estate development borrowers but also restricted loans to home buyers.
According to Dr. Nguyen Quoc Hung, General Secretary of the Vietnam Bankers Association (VNBA), 70% of collateral for loans at banks is real estate, if this market...
A recent trend of borrowing foreign unsecured loans for businesses and investment activities of securities companies has become quite popular as it allows cheap capital...
Commercial banks were told to launch a 40 trillion VND support package with a 2 percent yearly rate cut for businesses in a meeting with the State Bank of Vietnam (SBV)...
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...
The State Bank of Vietnam (SBV) is collecting opinions from organisations and individuals on the Prime Minister's draft decision on offshore loans and guarantees for...
The demand for capital from the economy increased again, helping to increase credit in the first two months of 2022. This is expected to help businesses quickly restore...
A clear mechanism is essential to ensuring a preferential credit package will benefit pandemic-hit firms and contribute to economic recovery.
Many businesses suggested more detailed policies should be issued to help them access bank loans as there remain difficulties in lending.
Private airlines have requested access to 0 percent interest loans, similar to the support Vietnam Airlines (VNA) - the country's flag carrier - is entitled to, heard a...
The aviation sector remains an important part of the economy and would rebound strongly once the pandemic is contained.
The banking industry sharply reduced outstanding loans for real estate business in the first half of 2021 and will continue such limits in the second half.
The Government issued Decree 79/2021 to revise some articles of Decree 97 dated June 30, 2018 on on-lending or ODA and foreign concessional loans.
Car loans are considered a potential credit segment of many banks. But under the impact of the Covid-19 pandemic, banks were anxious because it was difficult for...
A large number of travel companies across the country are looking forward to support policies to overcome difficulties caused by the COVID-19 pandemic outbreak.
Three credit institutions have committed to sponsoring the national flag carrier Vietnam Airlines to get loans worth 4 trillion VND (173.67 million USD), an official...
Only 7.5 percent of official development assistance (ODA) and foreign loans have been disbursed since the beginning of the year according to the Ministry of Finance...
There is a concern that the property market may run away from still challenging economic fundamentals.
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