Vietnam central bank circular does not prohibit loans to buy future-formed houses
Circular No. 22/2023 of the State Bank of Vietnam (SBV) basically does not affect access to loans to buy future-formed houses mortgaged by those houses as some people fear, writes Nguyen Van Dinh, a real estate legal expert.
Consulting - Mon, Dec 22, 2021 | 11:30 am GMT+7
Lend more, promote growth, Vietnam central bank tells commercial banks
The State Bank of Vietnam (SBV) has asked commercial banks to take measures to boost credit growth in the first months of 2024 and contribute to promoting economic growth.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam pawn chain F88 to launch loan package for businesswomen in early 2024
F88 Business Joint Stock Company (F88) will cooperate with leading debt provider Lendable and Australian Development Investments (ADI) to provide loans for women who own small businesses, starting early 2024.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam Prime Minister requests faster, more flexible credit management
Credit management must be faster, flexible and effective, Prime Minister Pham Minh Chinh has ordered.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam central bank to further facilitate real estate credit access
The State Bank of Vietnam (SBV) will continue to implement measures to increase credit access for the ailing real estate market, Governor Nguyen Thi Hong said at a conference Monday.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Reduce interest rates further, promote credit growth: experts
With credit growth at its lowest level in the past 10 years, experts say reducing interest rates further will be key to increasing businesses’ access to capital.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Sacombank violates rules in granting loans to 16 clients: inspectors
Vietnamese private lender Sacombank commited violations in granting loans worth VND15.22 trillion ($642.38 million) to 16 customers as of August 31, 2018, government inspectors say.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam’s five-month credit growth hits only 3.17%
Credit in the Vietnamese economy reached over VND12,300 trillion ($523.8 billion) in the first five months of this year, an increase of only 3.17% from the end of 2022, according to the State Bank of Vietnam (SBV).
Banking & Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Policy tools should be applied flexibly to support struggling enterprises: Fulbright expert
Vietnam needs to flexibly apply policy tools that have a legal basis to remove difficulties for struggling businesses in all economic sectors, Do Thien Anh Tuan, lecturer from the Fulbright School of Public Policy and Management, tells The Investor.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
New circulars to promote credit growth: securities broker
The State Bank of Vietnam’s (SBV) two new circulars are expected to have positive impacts on banks with a high proportion of real estate or consumer loans, and promote credit growth amid excess bank liquidity, according to top Vietnamese broker VNDirect.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
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Site clearance deadline set for $2 bln northern Vietnam LNG power plant
Energy - Update 3 day ago
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Vietnam healthtech sector turns investment magnet
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Site clearance deadline set for $2 bln northern Vietnam LNG power plant
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Six miles and beyond: Vietnam draft law sets offshore boundary
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Trungnam Group eyes green energy development in Ninh Thuan province
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Danish brewer maintains Vietnam sales volume despite beer-market dip
