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relief package

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VND120-trillion package for social housing sees few takers

Dat Thanh -
HCMC – Though things are ready for the rollout of a soft loan package worth VND120 trillion, disbursement has been far slower than expected...
Financial Markets

Ministry wants borrowing conditions eased for soft loan package

Dat Thanh -
HCMC – The Ministry of Planning and Investment has asked the central bank to ease borrowing conditions, streamline paperwork and help businesses cut borrowing...
Financial Markets

Tough screening procedures hinder soft-loan rollout

Dat Thanh -
HCMC – Tough inspection and screening procedures have hindered the rollout of a financial aid package with an interest rate discount of two percentage...
News

One-fifth of relief package disbursed for economic recovery

Ngoc Nguyen -
HCMC - The disbursement of the relief package for economic recovery and development had reached VND61 trillion as of September 30, accounting for 20.2%...
Other News

Interest subsidy package and tourism development receive VND18.5 trillion

Dat Thanh -
HCMC – The prime minister has decided to provide extra funding to the tourism development fund and the preferential credit package access to soft...
News

Just VND55.5 trillion disbursed for economic recovery, development

Nhu Phu -
HCMC – As of September 2, the disbursement of the relief package for economic recovery and development had totaled a mere VND55.5 trillion (US$2.36...
Financial Markets

Borrowing turns harder as interest rates rise

Dat Thanh -
HCMC – Businesses find it tough to gain access to bank loans as interest rates are increasing. Speaking at a conference held yesterday (August 31),...
Financial Markets

Credit crunch chokes credit growth

Dat Thanh -
HCMC – Credit growth has almost stalled since the end of the second quarter as banks have used up their credit growth quotas. Figures from...
Financial Markets

Central bank seen increasing credit growth target

Dat Thanh -
HCMC – The central bank governor has said the remaining room of the 14% credit growth target for this year would be adjusted up...
News

Paperwork hinders rollout of credit package

Dat Thanh -
HCMC - Inspection and screening procedures have prevented the target beneficiaries of the preferential credit package access to soft loans with an interest rate...
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