Summit mulls financial inclusion for all

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SaiGon GP English 1 day(s) ago 1 related news

More organizations are offering new financial products and services that are changing the form and nature of the market and are shaping the future of financial inclusion.

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VND560 billion to support small and medium enterprises in 2017

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Báo Dân Trí English 2 day(s) ago

Small and medium-sized enterprises (SMEs) can enjoy a financial aid package worth a total of approximately VND560 billion for 2017, according to the Ministry of Planning and Investment.

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HCM City offers interest-free loan to industrial businesses

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Báo Đầu Tư English 2 day(s) ago

HCM City will lend up to VND200 billion (US$8.8 million) without interest to viable supporting industry projects.

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Public debt growth due to missed GDP target: minister

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Báo Dân Trí English 2 day(s) ago

The main reason for the rapid rise of Vietnam’s public debt is failure to achieve the targeted economic growth rate and the resulting tax collection shortfall, Finance Minister Đinh Tiến Dũng said.

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Nearly $25 million in preferential loans for SMEs in 2017

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SaiGon GP English 3 day(s) ago

Vietnam Small and Medium Enterprise (SME) Development Fund has announced four preferential loan programs for SMEs in 2017 with the total funds of VND560 billion (US$24.58 million).

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Cautious banks to focus on lending quality

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Báo Đầu Tư English 1 week(s) ago

Credit growth in the first two months of 2017 rose 1.23 per cent year-on-year, but credit institutions remain cautious over business targets while focusing on lending quality.

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Banks hopeful for mortgage market growth

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Báo Đầu Tư English 1 week(s) ago

With housing demand remaining strong, banks are optimistic 2017 will be a big year for mortgages.

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Banks report satisfactory profits, increased bad debts

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Báo Đầu Tư English 1 week(s) ago

Banks’ finance reports in 2016 show good news and bad news. Most of them had profits higher than the year before, but the number of non-performing loans increased.

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Breakfast @ Tuoi Tre News – March 7

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Báo Tuổi Trẻ English 2 week(s) ago

Good morning from Tuoi Tre News!

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Small business affected by new lending circular

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Báo Dân Trí English 2 week(s) ago

A circular issued by the State Bank of Vietnam (SBV), which comes into effect on March 15, may affect small-sized enterprises as they will have to borrow from credit institutions at higher interest rates.

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Banks’ appetite for real estate lending drives up interest rates

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Báo Đầu Tư English 3 week(s) ago

Banks’ favour for lending to real estate is the reason for high lending interest rates.

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Ministry explains giant losses at Ninh Binh Fertiliser Plant

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Báo Dân Trí English 3 week(s) ago

The Ministry of Industry and Trade has pointed out the causes for the USD90m losses at a fertiliser plant in Ninh Binh Province that forced it to halt operation four years after being put into use.

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Vietnamese banks overly dependent on credit growth

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Báo Đầu Tư English 3 week(s) ago

Many banks complain that the cost of capital increases and they cannot increase lending rates, so interest margins are quickly narrowing, which affects profit.

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International experts honoured for help to Vietnamese women

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Báo Dân Trí English 3 week(s) ago

Vietnamese and foreign experts working at embassies and international organisations in Vietnam on February 23 received the insignia “For the Development of Vietnamese Women” of the Vietnam Women’s Union (VWU) for their contributions to gender equality and the advancement of Vietnamese women.

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Vietnam to recoup $2.6b bad loans

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Báo Đầu Tư English 3 week(s) ago

The Viet Nam Asset Management Company (VAMC) will take drastic measures to recover around VND33 trillion (US$2.6 billion) of non-performing loans (NPLs) this year, VAMC chairman Nguyen Tien Dong said.

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