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Sunday, December 22, 2024

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Will the fall in foreign currency loans persist?

The proportion of foreign currency loans has steadily declined in recent years, alongside foreign currency deposits. Can this trend be reversed in the near...

Binh Duong seeks VND10 trillion loan for infrastructure projects

HCMC – Binh Duong Province has proposed borrowing VND10 trillion to fund critical transportation infrastructure projects, said Nguyen Van Loi, secretary of the Party...

WB to provide US$11 billion for Vietnam over five years

HCMC - The World Bank (WB) has proposed lending Vietnam over US$11 billion in the next five years to fund major projects, especially large-scale...

Banks sit on mountains of cash: SBV official

HCMC - The banking sector in Vietnam is currently sitting on mountains of cash as the demand for loans in the economy remains woefully...

Enterprises in financial distress

To secure enough capital for business operations, a wooden product exporter to the U.S. and the EU had to agree to secure a loan...

The credit growth puzzle

The fact that banks have refrained from lending does not result from their concerns over the credit growth cap since it has already been...

F88 secures US$60 million loan

HCMC - Personal financial service provider F88 has secured a loan worth US$60 million, or nearly VND1.5 trillion, from two international financial organizations. Of the...

75% of small firms fail to access formal loans

HCMC – A mere 25% of small and medium enterprises (SMEs) have gained access to formal credit, while many others are struggling with their...

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