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Wednesday, December 18, 2024

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bank loans

Penalties proposed against loan-insurance bundling by banks

HCMC – Vietnam’s central bank has drafted a decree proposing fines of up to VND500 million for banks that bundle loans with non-compulsory insurance...

HCMC stabilizes prices through VND10 trillion soft loans

HCMC – HCMC has extended low-interest loans totaling VND9.78 trillion to 37 businesses to help stabilize local market prices, according to the Government news...

WB to fund climate change combat in Mekong Delta

HCMC – The World Bank will provide loans for a VND17,759-billion (US$741 million) project to assist 10 provinces in the Mekong Delta to combat...

Bad debt seen from loan portfolios

Bad debt is currently the biggest concern in the banking system. The financial reports by many banks in the first quarter of this year...

Bad debts loom large

Bad debts have been a concern in Vietnam’s banking sector so far this year. This indicates the vulnerabilities in the financial system and raises...

Real estate credit soars in HCMC

HCMC – Real estate loans in HCMC have surged ahead of overall credit growth in the first four months of 2024, indicating a positive...

Credit rises 9.6% in HCMC in Jan-Apr

HCMC – January-April credit in HCMC grew by 9.6% year-on-year to VND3.5 quadrillion, driven by an increase in long-term credit, according to data from...

Jan-Apr loans grow in HCMC

HCMC - Credit in HCMC in the first four months of this year increased by 1.31% against December 2023 and 9.33% year-over-year. Nguyen Duc Lenh,...

Consumer lending competition heats up

The burgeoning consumer debt market in Vietnam is sparking increased competition among finance companies, with Thai firms entering the fray as fresh contenders in...

Real estate firms want lower interest rates

HCMC – Real estate businesses in Vietnam are calling for further interest rate cuts, citing uneven rate cuts among banks and complex borrowing procedures...

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