Businesses lack access to bank loans due to 2013 Land Law

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VietnamNet English 1 month(s) ago

Businesses lack access to bank loans due to 2013 Land Law

VietNamNet Bridge - Enterprises in industrial zones (IZs) say they cannot borrow money from banks because of provisions stipulated in the 2013 Land Law.

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A boost for Vietnamese guest workers

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Báo điện tử CP English 1 month(s) ago 3 related news

A boost for Vietnamese guest workers

VGP – The Government has introduced a series of preferential policies supporting contracted Vietnamese guest workers.

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HCM City wants to borrow $900 million to build sewage treatment plants

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VietnamNet English 1 month(s) ago 1 related news

HCM City wants to borrow $900 million to build sewage treatment plants

VietNamNet Bridge - HCM City will have 12 sewage treatment plants by 2020, up from its current two. The city wants to borrow nearly $900 million from the Asian Development Bank (ADB) to build four more plants.

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MOF’s wings clipped as NA orders issue of 5-year and longer-term bonds

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VietnamNet English 2 month(s) ago

MOF’s wings clipped as NA orders issue of 5-year and longer-term bonds

VietNamNet Bridge - Economists say that the National Assembly’s request to issue government bonds more than five years “goes against all financial management theories” and “does not fit Vietnamese practice”.

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Ho Chi Minh City needs $985 mln for new waste water treatment plants

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Báo Thanh Niên English 2 month(s) ago

Ho Chi Minh City needs $985 mln for new waste water treatment plants

Nhieu Loc - Thi Nghe Canal in Ho Chi Minh City. Photo: Diep Duc Minh

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Bank for Social Policies permitted to increase credit limit

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VietnamPlus English 2 month(s) ago

The Vietnam Bank for Social Policies (VBSP) has received the green light to increase their credit ceiling from 6.5 percent to 10 percent, or 11.6 billion VND (532,000 USD).

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Multi-trillion-VND credit programme offered for healthcare sector

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VietnamPlus English 2 month(s) ago

A State-owned bank is offering a credit programme worth 20 trillion VND (over 930.2 million USD) to assist the development of the healthcare sector.

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Programme for upgrade of canals gets more funds

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VietNam News English 3 month(s) ago

Programme for upgrade of canals gets more funds

Prime Minister Nguyen Tan Dung has approved VND5 trillion (US$229.2 million) more for a programme to upgrade canals, rural roads and aquaculture infrastructure for this year.

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Doodle for Google 2015 – unveils Vietnam’s first winner

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VOV News English 3 month(s) ago 1 related news

Doodle for Google 2015 – unveils Vietnam’s first winner

(VOV) -On June 1, Doodle for Google 2015 announced Vietnam’s very first Doodle 4 Google winner: 8-year old Le Hieu from southern Dong Nai province, with the doodle ‘Year of the Goat’.

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HCM City wants to share profits with Phu My Hung

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VietnamNet English 3 month(s) ago 1 related news

HCM City wants to share profits with Phu My Hung

VietNamNet Bridge - The operator of the high-end urban area Phu My Hung has contributed $18 million to the Phu My Hung joint venture, but the Vietnamese party has not shared the profits.

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Foreign reserves too small to fund gov't projects: HSBC

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Báo Thanh Niên English 3 month(s) ago 1 related news

Foreign reserves too small to fund gov't projects: HSBC

Vietnam's central apparently does not have space to lend to the government since the country's foreign exchange reserves is too low, according to HSBC.

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Vietnam: dipping into reserves?

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VOV News English 3 month(s) ago 1 related news

Vietnam: dipping into reserves?

(VOV) - The Vietnamese government has proposed plans to borrow from its foreign exchange reserves after struggling to issue debt in the bond markets – seven bond auctions failed in May alone.

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Despite high public debt, Vietnam continues to borrow millions for development needs

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VietnamNet English 3 month(s) ago

Despite high public debt, Vietnam continues to borrow millions for development needs

VietNamNet Bridge - Vietnam has borrowed $4-5 billion a year in the last 10 years, and the public debt has nearly hit the ceiling. However, the country will continue borrowing because it needs capital for development and investment, according to the Ministry of Finance (MOF).

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Home-loan limit lifted for low-income earners

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VietNam News English 3 month(s) ago

The HCM City government has decided to allow low-income people to borrow VND500 million (US$23,000) with a maximum term of 15 years from HCM City Housing Development Fund to buy housing, up from the current VND400 million ($18,400).

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Mother calls for help to save daughter

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Báo Dân Trí English 3 month(s) ago

Mother calls for help to save daughter

A woman in the northern city of Haiphong is calling for community help to save her six-year old daughter, who is facing death from congenital heart failure.

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