VN's food processing industry struggles to improve quality and value chain integration Monetary policy forecast unlikely to loosen further Vietnam's internet economy projected to hit 36 billion USD in 2024
increase foreign investment resources by improving the business environment

Increase foreign investment resources by improving the business environment

09:42 | 22/05/2024

VCN- In the years 2024-2025, the rate of foreign-invested enterprises (FDI) planning to expand their production and business activities is expected to decline compared to previous years. This reflects a more cautious approach by FDI enterprises due to the unpredictable global economic context.
state bank assigns credit growth target of 15 for banks

­­State Bank assigns credit growth target of 15% for banks

10:46 | 16/01/2024

VCN - The State Bank of Vietnam (SBV) has just issued document No. 10167/NHNN-CSTT to credit institutions on the credit growth plan in 2024 of 15%, assigned to banks at the beginning of 2024.
determined disbursement of public investment

Determined disbursement of public investment

09:38 | 14/12/2023

VCN- Through the 11 months of 2023, the disbursement of public investment reached approximately 59.47% of the annual plan, still considerably below the minimum disbursement target of 95% set by the Government. Many ministries and localities are still lagging behind, with disbursement rates below 35%.
insurance is no longer the golden egg laying goose for banks

Insurance is no longer the "golden egg-laying goose" for banks

19:40 | 30/08/2023

VCN- Amidst the crisis of confidence in the "marriage" between banks and insurance, the cross-selling revenue from insurance at banks significantly declined in the first half of the year compared to the same period last year.
reducing the shock in exports the world bank recommends enhancing the resilience of commodities

Reducing the "shock" in exports, the World Bank recommends enhancing the resilience of commodities

16:21 | 15/08/2023

VCN - World Bank (WB) experts recommend enhancing the medium-term resilience of export commodities to mitigate risks associated with external shocks.
need to effectively use tools to prevent exchange rate risks in import and export field

Need to effectively use tools to prevent exchange rate risks in import and export field

10:32 | 02/04/2023

VCN - The exchange rate pressure in 2023 is expected to be weaker than last year, especially in the context of tightening monetary policies reaching the final phase. However, fluctuations in the economy and financial markets are still very unpredictable, and exchange rate developments may affect import and export activities.
increasing interest rates to trend

Increasing interest rates to trend

13:16 | 24/03/2021

VCN - Since the beginning of March, banks have increased interest rates on their personal savings deposits.
reduce troublesome procedures but still ensure loan safety

Reduce troublesome procedures but still ensure loan safety

15:46 | 27/10/2020

VCN - The State Bank of Vietnam (SBV) has required commercial banks to improve and renew the lending process towards simplifying procedures, reducing troublesome procedures but still ensuring loan safety.
proposing to loosen criteria of vnd16000 billion credit package to pay workers salary

Proposing to loosen criteria of VND16,000 billion credit package to pay workers salary

16:16 | 07/07/2020

VCN - Asno enterprise has been able to borrow a package of VND16,000 billion with an interest rate of 0% to settle severance pay for employees, the Minister of Labor, Invalids and Social Affairs, Dao Ngoc Dung proposed to loosen loan criteria.
Mobile Version