Vietnam’s Long Thanh airport to cost $18.7bn, transport ministry tells lawmakers

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Báo Tuổi Trẻ English 6 month(s) ago 2 related news

Vietnam’s Long Thanh airport to cost $18.7bn, transport ministry tells lawmakers

The total capital required to build the new Long Thanh International Airport in the southern province of Dong Nai is estimated at US$18.7 billion for all three phases, Vietnamese lawmakers were informed Tuesday.

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MOF suggests forgiving businesses’ tax debts

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VietnamNet English 6 month(s) ago

MOF suggests forgiving businesses’ tax debts

VietNamNet Bridge – The Ministry of Finance (MOF) has proposed to absolve tax payments for businesses that have had financial difficulties over the last five years. The total amount could reach VND4.8 trillion.

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Interest rate risks hide behind home loans in Vietnam

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Báo Đầu Tư English 7 month(s) ago 1 related news

Interest rate risks hide behind home loans in Vietnam

Many banks are offering credit packages that allow homebuyers to borrow up to 70 percent of the value of the apartment they want to purchase, but there are risks behind these seemingly attractive lending plans.

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Interest rate risks hide behind home loans in Vietnam

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Báo Tuổi Trẻ English 7 month(s) ago 1 related news

Interest rate risks hide behind home loans in Vietnam

Many banks are offering credit packages that allow homebuyers to borrow up to 70 percent of the value of the apartment they want to purchase, but there are risks behind these seemingly attractive lending plans.

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No housing loan for civil servants

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VietNam News English 7 month(s) ago

The State Bank of Viet Nam (SBV) last Wednesday denied offering a VND2-billion (US$95,200) credit package to high-income civil servants and soldiers who want to buy a house or apartment.

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HCM City considers low home loan rates

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VietnamPlus English 7 month(s) ago

Local authorities in Ho Chi Minh City have proposed an annual interest rate of only 3 percent for the most preferential home loans to benefit the poor, and seek the Government’s approval to extend the disbursement of the 30-trillion-VND home loan package up to 60 months, the Saigon Times Daily reported.

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Vietnam cbank moots $94k individual home loans for decent income public servants

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Báo Tuổi Trẻ English 7 month(s) ago

Vietnam cbank moots $94k individual home loans for decent income public servants

Vietnam’s central bank is studying the feasibility of offering a new home loan package that would allow public servants with a stable income to borrow up to VND2 billion (US$94,135) each at preferential interest rates to purchase condominiums or terraced houses.

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Foreign banks offer syndicated loan to VietinBank

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VOV News English 8 month(s) ago

Foreign banks offer syndicated loan to VietinBank

(VOV) - The Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) in Hanoi on September 10 inked an agreement to borrow US$50 million from four foreign partners.

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Vietnamese woman founds online library with nearly 1,000 books

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Báo Đầu Tư English 8 month(s) ago

Vietnamese woman founds online library with nearly 1,000 books

A local book enthusiast has created an online library with a wide range of books, particularly those in foreign languages, to share her passion with like-minded peers and provide them with a handy, affordable book service.

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Vietnamese woman founds online library with nearly 1,000 books

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Báo Tuổi Trẻ English 8 month(s) ago

Vietnamese woman founds online library with nearly 1,000 books

A local book enthusiast has created an online library with a wide range of books, particularly those in foreign languages, to share her passion with like-minded peers and provide them with a handy, affordable book service.

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Firms turn their backs on soft loans for environmental protection projects

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VietnamNet English 8 month(s) ago

Firms turn their backs on soft loans for environmental protection projects

VietNamNet Bridge – Very few businesses have shown interest in HCM City’s preferential loans for environmental protection projects.

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Finance ministry says no need to worry about public debt, economists disagree

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VietnamNet English 9 month(s) ago

Finance ministry says no need to worry about public debt, economists disagree

VietNamNet Bridge – The Ministry of Finance (MOT) says that the public debt is not as alarming as economists repeatedly claim.

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Circular outlines subsidised loans for fishermen

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VietNam News English 9 month(s) ago

Fishermen can get subsidised loans at 1-3 per cent interest for buying boats under a Government credit programme for which State Bank of Viet Nam has issued a draft circular.

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Banks refuse to offer loans to seafood exporters

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VietnamNet English 9 month(s) ago

Banks refuse to offer loans to seafood exporters

VietNamNet Bridge – Bankers are reluctant to provide loans to seafood companies, which are in a vulnerable situation and may “explode”.

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What are the real risks of Vietnam’s high public debt?

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VietnamNet English 9 month(s) ago

What are the real risks of Vietnam’s high public debt?

VietNamNet Bridge – Vietnam is getting new loans to pay old debts, but the real dangers for Vietnam’s economy do not lie in how much Vietnam owes, according to Dr. Tran Dinh Thien, head of the Vietnam Economics Institute.

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