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Subscribe to
The Saigon Times

Saigon Times Group is a leading Vietnamese media organization with prestigious business and consumer publications. After three decades of development, we have built a good reputation through our publications on economy, business and markets for Vietnamese and foreign readers.

Basic

Free

  • Free access to daily domestic news, podcasts and videos

Premium

$5 $1 /month
(VND 23,900)
Monthly Annual

  • Unlimited access to domestic news, podcasts, videos and magazine articles on current social / economic / trade / investment issues, commodity / financial/securities markets, M&A activity, FDI, local and foreign business communities and more.

AUTOMATIC RENEWAL REMINDER

  • Your payment method will then be automatically charged ₫ 899.000 every 365 days thereafter.
  • Your subscription will continue until you cancel.
  • You can cancel by using My account. Under My account, select "Unsubscribe" and then follow the instructions to cancel.
  • You can notify us of your intent to cancel at any time during your billing period. Cancellations take effect at the end of your current billing period.
28.9 C
Ho Chi Minh City
Sunday, March 30, 2025

HCMC to hold meeting between banks and businesses this month

The Saigon Times

Must read

HCMC – A conference connecting commercial banks and HCMC-based businesses is slated for February 28, said an official of the HCMC Branch of the State Bank of Vietnam (SBV).

The conference is intended to find ways to facilitate access to credit, help businesses overcome hardships and spur the city’s growth, the news site tienphong.vn reported, citing Nguyen Duc Lenh, deputy director of the HCMC branch of the SBV.

The event will feature two sessions: a business discussion and the signing of loan agreements, with the participation of around 400 businesses.

Lenh said that commercial banks in the city had launched many credit packages valued from hundreds of billion to trillions with low-interest rates to support their clients.

So far, they have given loans of VND469 trillion to local firms, cooperatives and households, with loan interest reductions amounting to VND300 trillion.

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