HIPC borrows VND555 billion from VietinBank

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VietNam News English 1 week(s) ago

Hiep Phuoc Industrial Park Joint Stock Company (HIPC) signed a contract on Tuesday to borrow VND555 billion (US$26.4 million) from the Viet Nam Bank for Industry and Trade (VietinBank).

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SMEs turn out to be banks’ lifebuoy

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VietnamNet English 1 week(s) ago

SMEs turn out to be banks’ lifebuoy

VietNamNet Bridge – Accessing bank loans had never been an easy thing for small and medium enterprises (SMEs). However, things have become quite different -- banks have been trying to persuade SMEs to borrow money.

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Banks now offering loans for social housing purchases

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Báo Tuổi Trẻ English 2 week(s) ago

Banks now offering loans for social housing purchases

Shortly after the government’s credit aid package for buying apartments under social housing projects took effect on Saturday, five banks assigned to disburse money for the program publicized the requirements and target borrowers for the loans.

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$1.4b housing loan package faces hurdles

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VietNam News English 2 week(s) ago 1 duplicate news

On May 28 the Housing and Urban Development Cor-poration and Viet Nam BIC jointly broke ground for a social housing project in Ha Noi's Linh Dam new urban area.

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School fees cause headaches to parents

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VietnamNet English 2 week(s) ago

School fees cause headaches to parents

VietNamNet Bridge – Poor farmers, who have been miserable because of the losses in rice and livestock farming, now have to borrow money to pay children’s school fees.

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House buyers long for cheap loans while banks hesitate

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Báo Đầu Tư English 2 week(s) ago 1 related news

House buyers long for cheap loans while banks hesitate

While the effective date of the government’s house-buying aid program is only two days away, most borrowers still do not know how to apply for the cheap loans, while many banks have yet to initiate any programs to offer the preferential credits.

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Real estate bailout kicks off

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VietnamNet English 3 week(s) ago

Real estate bailout kicks off

VietNamNet Bridge – The VND30 trillion bailout is believed to help warm up the real estate market, provided that the money can be driven to the right addresses.

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House buyers long for cheap loans while banks hesitate

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Báo Tuổi Trẻ English 3 week(s) ago 1 related news

House buyers long for cheap loans while banks hesitate

While the effective date of the government’s house-buying aid program is only two days away, most borrowers still do not know how to apply for the cheap loans, while many banks have yet to initiate any programs to offer the preferential credits.

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VAMC to finally take shape

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Báo Đầu Tư English 1 month(s) ago

VAMC to finally take shape

The Prime Minister has approved the long-awaited establishment of a Vietnam Asset Management Company, to become effective from July 9, to address Vietnam’s burning bad debt problem.

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Government asked to clarify standards for assessing public debt

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Báo Dân Trí English 3 week(s) ago 1 duplicate news

Government asked to clarify standards for assessing public debt

While the government said Vietnam’s public debts are still at manageable levels, a National Assembly deputy proposed the the assessment standards are clarified.

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Banks warned about risks of lending to large-scale enterprises

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Hanoi Times English 1 month(s) ago 1 related news

The Hanoitimes - While banks often hunt for or prioritise large-scale businesses for lending, o­ne expert said they should be more careful to prevent possible risks.

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Banks warned about risks of lending to large-scale enterprises

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Báo Dân Trí English 1 month(s) ago 1 related news

Banks warned about risks of lending to large-scale enterprises

While banks often hunt for or prioritise large-scale businesses for lending, one expert said they should be more careful to prevent possible risks.

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Package looks to provide silver bullet

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Báo Đầu Tư English 1 month(s) ago 1 related news

Package looks to provide silver bullet

A long-awaited VND30 trillion ($1.44 billion) credit package was last week rolled out to act as a silver bullet to unlock the stagnant property market.

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State Bank package fires property market

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VietNam News English 1 month(s) ago 1 related news

Property developers are beginning to sell apartments in anticipation of the State Bank's credit package of VND30,000 billion (US$1.5 billion) for builders, the Sai Gon Giai Phong ( Liberated Saigon) newspaper reported.

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Finance companies offer loans at sky high interest rates

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VietnamNet English 1 month(s) ago

Finance companies offer loans at sky high interest rates

VietNamNet Bridge – A lot of people have fallen into a trap set by finance companies. Promising simple administrative procedures, but the companies overcharge borrowers with exorbitant interest rtes.

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