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Thursday, September 29, 2022
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SMEs’ financial woes

Due to their limited financial capacity, low tolerance and responsiveness in a turbulent economy and uncertain business prospects, small and medium-sized enterprises (SMEs) find...

PM urges prudence over real estate lending cuts

HCMC – Prime Minister Pham Minh Chinh has said macroeconomic stability and inflation control are what the Government is aiming for while the real...

HoREA suggests continuing lending to borrowers with secured assets

HCMC – The HCMC Real Estate Association (HoREA) has written to the prime minister and the State Bank of Vietnam proposing continued lending to...

Risk remains even if credit chokes

The State Bank of Vietnam has asked banks, including foreign lender branches, to closely monitor the credit flowing into risky sectors, where real estate...

SBV orders credit restrictions to curb property speculation in HCMC

HCMC – Credit institutions in HCMC must limit credit for property purchases to combat speculation in the city, said the inspectorate of the State...

Banks asked to report loans for winners of Thu Thiem land auctions

HCMC – The State Bank of Vietnam’s Banking Supervision Agency has asked banks to report their provision of credit to individuals and enterprises taking part...

Small businesses struggle with rising costs, limited access to capital

HCMC – Many small businesses are struggling with limited access to capital and rising costs after resuming their operations in a new normal, said...

Credit grows strongly in Oct

HCMC – The country’s credit growth reached 8.72% last month, much higher than the 6.5% in the same period last year, according to a...

Credit risk provision and backup profit

As bad debt is now a looming threat in some cases, the provisioning for potential losses due to credit risks has become the focus...

SBV to impose credit limits on banks failing to cut lending rates as committed

HCMC - The State Bank of Vietnam (SBV) will encourage or restrict credit growth at banks next year, depending on whether these banks have...

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