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Ho Chi Minh City
Monday, October 2, 2023



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...

Gov’t borrows VND54 trillion from Jan-Apr

HCMC – The Government’s debt totaled VND54 trillion in the first four months of the year. The Department of Debt Management and External Finance under...

Concerns raised over VND100-trillion relief package

HCMC – The competent agencies are considering a relief package worth VND100 trillion, offering loans with an interest rate of 3%-4% for enterprises hit...

Employers entitled to 0% interest rate loans

HCMC – The prime minister has signed Decision 15 on support measures for residents affected by Covid-19, allowing employers in financial difficulty to take...

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