New points in the Public Debt Strategy

New points in the Public Debt Strategy

VCN - The public debt strategy to 2030 which has been approved by the Government has set specific goals for the public debt management in the new period. To do this, the assessment of the impacts of loans on public debt balance, Government debt and debt r
ADB, TPB sign US$25 million loan to finance women-led SMES in Vietnam

ADB, TPB sign US$25 million loan to finance women-led SMES in Vietnam

The Asian Development Bank (ADB) signed a US$25 million loan with Tien Phong Commercial Joint Stock Bank (TPB) to expand access to finance of women-owned and led small and medium-sized enterprises (WSMEs) in Viet Nam.
Reducing debt burden

Reducing debt burden

VCN - In the midst of the pandemic, many businesses are making efforts to repay trillions of dong of debt that is a bright spot in the picture of listed companies' debt.
Government repays VND209 trillion

Government repays VND209 trillion

VCN – The Ministry of Finance has reported on loan and public debt repayment in the first six months.
ODA, foreign loan disbursement standing at just 7.5 pct

ODA, foreign loan disbursement standing at just 7.5 pct

Only 7.5 percent of official development assistance (ODA) and foreign loans have been disbursed since the beginning of the year according to the Ministry of Finance (MoF).
Businesses want to borrow, depending on the risk "appetite" of the bank

Businesses want to borrow, depending on the risk "appetite" of the bank

VCN- Talking to Customs News, PhD. Mac QuocAnh, Vice President and General Secretary of the Hanoi Small and Medium Enterprises Association, said that businesses and banks always have to sit together to developunderstanding, creating conditions for each other, and reduce risks in capital supply.
ADB, IMEXPHARM sign loan to support generic medicine production in Vietnam

ADB, IMEXPHARM sign loan to support generic medicine production in Vietnam

VCN - The Asian Development Bank (ADB) signed an $8 million loan with Imexpharm Corporation to help the company sustain its production of generic medicines despite global supply disruptions caused by the coronavirus disease (COVID-19) pandemic.
Improving efficiency of loan use associated with debt repayment liability

Improving efficiency of loan use associated with debt repayment liability

VCN –Motivated by the government's drastic direction, the management, borrowing and repayment of public and government debts in 2020 and the 2016-2020 period have achieved many positive results, but there are still inadequacies.
Illegal credit: An old story, but many new victims suffering

Illegal credit: An old story, but many new victims suffering

VCN - The development of technology is always accompanied by a downside, which can be seen with types of loans via the internet and applications (apps) on smartphones "booming" today.
Reduce troublesome procedures but still ensure loan safety

Reduce troublesome procedures but still ensure loan safety

VCN- In Plan No. 09 / KH-NHNN on contributing to solve difficulties, promote production - business, consumption and accelerating the disbursement of public investment capital of the State Bank, this agency estimated GDP growth from 2.5 - 3% in 2020.
Loan dues extended to fight economic downturn

Loan dues extended to fight economic downturn

Financial firms extended loan dues for more than 223000 borrowers whose outstanding loans stood at 151 trillion VND by May 25 according to the State Bank of Vietnam
Banks help businesses affected by the disease

Banks help businesses affected by the disease

VCN - Immediately after the State Bank of Vietnam (SBV) issued Circular 01/2020 / TT-NHNN regulating the restructuring of loan repayments, exemptions and reduction periods to support businesses and people affected by the Covid-19 epidemic, all banks simul
Loan balance of VND 926 trillion affected by Covid-19 epidemic

Loan balance of VND 926 trillion affected by Covid-19 epidemic

VCN - SBV is improving the legal system to create conditions for both credit institutions and businesses to surmount difficulties and damages caused by the Covid-19 epidemic.
Allow subprime lending banks to limit black credit?

Allow subprime lending banks to limit black credit?

VCN - ​Black credit can be considered as a national problem so a national programme is needed to restrict and eliminate it.
At the end of the year, be careful with black credit tricks

At the end of the year, be careful with black credit tricks

VCN- According to the State Bank, the whole system currently has 16 active financial companies, including 12 consumer credit finance companies such as FE Credit, Home Credit, MCredit.
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