Banks entice local, foreign firms

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Báo Đầu Tư English 2 month(s) ago 2 related news

Banks entice local, foreign firms

With bank lending rates falling sharply in recent months, companies should grab this opportunity to borrow to develop their business, analysts said.

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Banks entice local, foreign firms

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VOV News English 2 month(s) ago 2 related news

Banks entice local, foreign firms

With bank lending rates falling sharply in recent months, companies should grab this opportunity to borrow to develop their business, analysts said.

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Banks entice local, foreign firms

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VietNam News English 2 month(s) ago 2 related news

Banks entice local, foreign firms

With bank lending rates falling sharply in recent months, companies should grab this opportunity to borrow to develop their business, analysts said.

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RoK lends US$19 million to Vietnam’s healthcare project

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VOV News English 2 month(s) ago 2 related news

RoK lends US$19 million to Vietnam’s healthcare project

(VOV) -The Ministry of Finance on June 9 signed an Official Development Assistance (ODA) agreement with the Export-Import Bank of the Republic of Korea (EXIM Bank) to borrow US$19 million for medical provisions.

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Central bank urged to lower interest rates on business loans

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VietnamNet English 3 month(s) ago

Central bank urged to lower interest rates on business loans

VietNamNet Bridge – Most Vietnamese businesses have to take out bank loans at an annual interest rate of 10-13 percent, while companies in neighboring countries can access loans at a 5-6 percent rate and, those in developed economies, at a 2-3 percent rate.

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Standard needed for public debt assessment

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VOV News English 3 month(s) ago

(VOV) -Vietnam has not yet built a standard to evaluate its public debt, said Dr. Nguyen Duc Kien, Vice Chairman of the National Assembly Committee for Economic Affairs.

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Government extends helping hand to fishermen

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Báo Dân Trí English 3 month(s) ago

Government extends helping hand to fishermen

The Ministry of Agriculture and Rural Development has submitted new draft policies which will support fishermen to help continue their expeditions.

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Export credit shows signs of growth

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Báo Đầu Tư English 3 month(s) ago

Export credit shows signs of growth

Though banking sector credit grew slowly in the early months of this year, executives at many banks have said that production-business activities related to import and export have gradually rebounded.

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Restructuring public investment continues to show results

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VietnamNet English 3 month(s) ago

Restructuring public investment continues to show results

VietNamNet Bridge – Nguyen Quang Thai, a professor at the Viet Nam Economics Science Association, told newspaper Dai doan ket (Great National Unity) about the progress made towards restructuring public investment.

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Credit growth and record foreign exchange reserves

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VietnamNet English 3 month(s) ago

Credit growth and record foreign exchange reserves

VietNamNet Bridge – Is there a relationship between the record high foreign exchange reserves and the record low credit growth rate?

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Government to subsidize farmers buying machinery

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SaiGon GP English 3 month(s) ago

The Ministry of Finance has said in a recent guideline that will support farmers buying agricultural machinery.

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Lack of borrowers hurts banking sector

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VietNam News English 3 month(s) ago 1 duplicate news

Lack of borrowers hurts banking sector

The banking system is plagued by low credit growth, huge liquidity but firms unable to borrow, and difficulty in selling mortgaged assets to liquidate bad loans, heard a meeting between National Assembly members representing HCM City and the central bank in the city on Monday.

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Private schools unable to borrow from HCMC credit package

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SaiGon GP English 3 month(s) ago

Private schools unable to borrow from HCMC credit package

Though the Ho Chi Minh City People’s Committee promised loans at preferential interest rates under a stimulus package for investment in schools, private investors find it hard to borrow.

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Poor given access to increased credit

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VietNam News English 4 month(s) ago

The Bank of Social Policies has decided to increase loan amounts available to poor households. Beginning early this month, they will be able to borrow VND50 million (US$2,500) instead of the previous VND30 million ($1,500).

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Japanese SMEs seek loans from Vietnamese banks

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VietnamNet English 4 month(s) ago

VietNamNet Bridge – Analysts have noted a growing trend of Japanese small and medium enterprises (SMEs) in Vietnam borrowing money from Vietnamese banks, rather than receiving capital from holding companies or borrowing from home banks.

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