Effective delivery of preferential loans needed for firms

Effective delivery of preferential loans needed for firms

A clear mechanism is essential to ensuring a preferential credit package will benefit pandemic-hit firms and contribute to economic recovery.
IFC increases loan package for SeAbank to $220 million

IFC increases loan package for SeAbank to $220 million

IFC increases loan package for SeAbank to $220 million
Orientation to attract, manage and use ODA and concessional loans

Orientation to attract, manage and use ODA and concessional loans

VCN – About VND527.1 trillion, over US$22.9 billion, in foreign official development assistance, ODA, and concessional loans will be allocated during the 2011 - 2025 period.
Businesses in Dong Nai want new loans to resume production

Businesses in Dong Nai want new loans to resume production

Businesses in southern Dong Nai province have called for reducing bank interest rates and restructuring debt repayment to enable them to resume operations now that the COVID-19 pandemic is basically under control.
Govt" to consider zero-interest loans for all airlines

Govt" to consider zero-interest loans for all airlines

The Government Office has instructed the Ministry of Planning and Investment, the Ministry of Finance, the Ministry of Transport and the State Bank of Vietnam to study a proposal by the Vietnam Aviation Business Association (VABA), in which the airline industry is to gain access to VND25 trillion of zero-interest loan.
Rescuing the aviation industry: Support with conditions

Rescuing the aviation industry: Support with conditions

Currently, only Vietnam Airlines has received a rescue package worth VND4,000 billion, while difficulties are still eroding the tolerance of private airlines.
Credit institutions asked to tighten loans in “overheating” sectors: SBV

Credit institutions asked to tighten loans in “overheating” sectors: SBV

The State Bank of Vietnam (SBV) has requested local credit institutions and foreign banks’ restrict lending concentration for real estate and construction, Build-Operate-Transfer (BOT) and the consumption sector.
Export credit packages: motivation for businesses in difficult times

Export credit packages: motivation for businesses in difficult times

Under the impact of the Covid-19 pandemic, many enterprises operating in the import and export sector face many difficulties
Seeking goal of fiscal consolidation, strict management of provision debt obligations

Seeking goal of fiscal consolidation, strict management of provision debt obligations

The Ministry of Finance held a series of seminars on “Risk management for on-lending and Government guarantee”. This workshop is within the framework of the "Overall Debt Management Reform Framework"
Relax short-term capital tightening roadmap for medium and long-term loans: Ensure long-term benefits

Relax short-term capital tightening roadmap for medium and long-term loans: Ensure long-term benefits

VCN- The State Bank of Vietnam (SBV) has decided to delay the tightening of short-term capital for medium and long-term loans by one year despite conflicting opinions. However, this will be more beneficial to facilitate banks to better support customers t
More loans to enjoy restructured repayment periods

More loans to enjoy restructured repayment periods

The State Bank of Vietnam is drafting amendments to a circular that restructures repayment periods, waives and reduces interest rates and fees and maintains debt classification to support people affected by the COVID-19 pandemic to ensure more receive the
Non-Performing Loans remain hidden, concerning about BOT credit

Non-Performing Loans remain hidden, concerning about BOT credit

VCN- According to the report, the non-performing loan(NPL) ratio of credit institutions (CIs) by the end of March 2020 was 1.77%. This ratio remained below 3% as set out in the target, it increased slightly compared to the end of 2019 (1.63%).
Many securities companies cut interest rates on margin trading loans

Many securities companies cut interest rates on margin trading loans

VCN- According to Bui The Tan, Head of Individual Customer Services, SSI Securities, the Covid-19 epidemic had made an impact but was not too concerned and not subjective. Many preventive measures are needed now.
Credit slowdown causes concern about access to bank loans

Credit slowdown causes concern about access to bank loans

Vietnam credit growth is slowing and can fall behind the central bank target of 14 percent for 2019 causing concerns that it could make it difficult for businesses to access bank loans during the remaining months of the year
Facing consecutive losses, Vinachem calls for help on four projects

Facing consecutive losses, Vinachem calls for help on four projects

VCN- Recently, Vinachem has submitted a report to the State Capital Management Committee on the group's production and business situation. Accordingly, the group's revenue in the first half of the year was estimated at VND23,377 billion, equaling 46.9% of
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