credit

Urging credit flow into production and business sectors

16:19 | 20/09/2024 Finance

VCN - With the fluctuations in the market, investment cash flows are shifting to diversify and choose the most suitable profit channel. As with stocks, since the beginning of the year, the number of newly opened securities accounts has continuously increa

Revising SCT on automobiles must ensure harmony of benefits

14:12 | 02/08/2024 Regulations

VCN - At the Workshop "Draft regulations on revising special consumption tax (SCT) on automobiles: Impacts and Recommendations" organized by the Central Institute for Economic Management (CIEM) on August 1, many multi-dimensional comments of experts and b

Banks with the problem of promoting credit growth

18:49 | 20/07/2024 Finance

It is estimated that by the end of June 2024, the economy's credit growth will reach nearly 4.5%. This number is still far from the yearly credit growth target of 14-15%.

Banks actively sell secured assets but still find it difficult to "close orders"

10:42 | 26/06/2024 Finance

VCN - A problem that has been reflected in the past few years is the "sluggish" banks' ability to sell mortgaged assets to handle bad debts, whether real estate, machinery, cars, or even gold.

Recovery underway, businesses need to accelerate credit

13:41 | 19/06/2024 Import-Export

VCN - According to Mr. Le Tien Truong, Chairman of the Vietnam Textile and Garment Group (Vinatex), market demand is gradually recovering, which helped increase textile and garment exports in Q1/2024 by over 10% compared to the same period last year.

With the recovery momentum returning, businesses need to speed up credit

16:37 | 10/06/2024 Headlines

In recent instructions, the monetary policy regulator continues to urge banks to implement practical and effective solutions to strive for system-wide credit growth

Open credit flow to support import and export

09:30 | 08/05/2024 Import-Export

VCN - Weak demand, reduced orders, pressure from trade defense... thereby leading to a series of financial difficulties for import-export businesses. Therefore, the credit flow to support import and export needs to "flow" properly and meet the needs of bu

Mechanisms for bolstering "bolder" and more efficient credit flow

08:24 | 31/03/2024 Import-Export

VCN - Banks are actively channeling credit towards the manufacturing and business sectors, always standing by to offer loans to enterprises. However, this endeavor requires additional conditions as well as coherent support from the broader economy to augm

Credit and access to credit: A problem for banks and businesses

15:24 | 19/03/2024 Finance

VCN - Since the beginning of the year until now, the Prime Minister, the Government and the State Bank (SBV) have continuously issued instructions to promote credit, but the situation of banks having excess cash and businesses lacking capital is still a c

Good management of public debt creates room to implement expansionary fiscal policy

10:06 | 19/03/2024 Finance

VCN - Public debt safety indicators continue to be strictly controlled in the safe limit. With a lower debt level than the current ceiling rate, and a favorable debt structure, Vietnam has a lot of room to implement expansionary fiscal policy to allocate

Effectively implement the State's credit capital investments to attract borrowers

11:13 | 17/03/2024 Finance

VCN - According to regulations, Vietnam Development Bank (VDB) is a policy bank operating under the model of a one-member limited liability company with 100% charter capital held by the State and for non-profit purposes.

Accumulating bad debt ratio put pressure on banks

09:53 | 11/03/2024 Import-Export

VCN - According to the summary of 2023 business results of 28 listed banks, the total volume of bad debt by the end of 2023 has increased by more than 40% compared to 2022, to nearly 195,000 billion VND.

Capital flow "hits the target" for businesses to recover

11:23 | 27/01/2024 Finance

VCN - Most economic forecasts for 2024 continue to contain many "gray" tones, so one of the Government's orientations is to direct credit flows to production and business sectors, Priority areas and growth drivers. However, in order to stimulate credit fl

Credit growth is facing difficulties

17:21 | 14/01/2024 Finance

VCN - In 2023, the State Bank (SBV) will operate monetary policy flexibly, in accordance with the current state of the economy.

Credit growth is difficult to reach the target

09:44 | 01/01/2024 Finance

VCN - In the last months of 2023, low credit growth is a big problem for the banking industry, regulatory agencies and Government leaders.