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Sunday, June 11, 2023
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In the news

Enterprises in financial distress

Thanh Tam -
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...
Financial Markets

PM asks SBV to lower loan interest rates

The Ky -
HCMC – Prime Minister Pham Minh Chinh has asked the State Bank of Vietnam (SBV), the nation’s central bank, to slash interest rates, make...
In the news

The credit growth puzzle

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

F88 secures US$60 million loan

Nhu Phu -
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...
News

75% of small firms fail to access formal loans

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

Gov’t borrows VND54 trillion from Jan-Apr

Nhu Phu -
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...
News

No-interest loans proposed for tourism SMEs

Thanh Ha -
HCMC – The HCMC Department of Tourism has proposed loans without interest for small and medium tourism enterprises (SEMs) in the city to help...
Financial Markets

Concerns raised over VND100-trillion relief package

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

Employers entitled to 0% interest rate loans

Nhu Phu -
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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