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

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VietnamNet English 3 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 3 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 3 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 4 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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CEO Group to build social housing

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VietNam News English 4 month(s) ago

The municipal People's Committee has approved the CEO Group's proposal to change Sunny Garden Urban Area in Quoc Oai District from a commercial housing project to a social housing purpose.

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No Chinese investors in $10bn Taiwan project in central Vietnam: official

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Báo Tuổi Trẻ English 4 month(s) ago

No Chinese investors in $10bn Taiwan project in central Vietnam: official

A management official of a Taiwanese-invested steelmaking complex worth about US$10 billion in the central province of Ha Tinh rejected Thursday reports that there are many Chinese investors joining in the project.

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Poor widow seeks help to save son from leukemia

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Báo Dân Trí English 4 month(s) ago

Poor widow seeks help to save son from leukemia

A poor widow in Nghe An Province is in desperate need of support to save her 12-year-old boy who suffers from leukemia.

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Businesses rush to buy dollars, betting on carry-trade deals

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VietnamNet English 4 month(s) ago

Businesses rush to buy dollars, betting on carry-trade deals

VietNamNet Bridge – In its report released on July 2, the Vietnam National Finance Supervision Council highlighted the sharp increase in outstanding loans in foreign currency, warning that there is pressure on foreign currency liquidity.

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Suspects found with fake MobiFone cards

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VietNam News English 5 month(s) ago

The police in the northern province of Quang Ninh arrested three suspects, and is searching for a fourth for making fake MobiFone recharge vouchers in large numbers.

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Poor households to have flood-resilient housing

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VietnamPlus English 5 month(s) ago

The Ministry of Construction has submitted to the Government a proposal of building storm and flood-resilient houses for 86,260 poor households in northern and central coastal regions with State financial aid.

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China group 'used same metal stocks to borrow $2.5 bn'

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Báo Tuổi Trẻ English 5 month(s) ago

China group 'used same metal stocks to borrow $2.5 bn'

A Chinese mining group allegedly used the same commodity stocks as collateral for loans of more than $2.5 billion from different banks, state-run media reported, with its other lenders also including Standard Chartered, HSBC, and BNP Paribas.

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ICT start-ups get little help from investment funds

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VietnamNet English 5 month(s) ago

VietNamNet Bridge – Most young information and communication technology (ICT) firms in Vietnam have to use their own capital or capital they borrow from friends and relatives to start their business. They have little help from venture funds.

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Commercial banks are indifferent to SBV refinancing

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VietnamNet English 5 month(s) ago

Commercial banks are indifferent to SBV refinancing

VietNamNet Bridge – Surprisingly, no commercial bank has asked for refinancing from the State Bank (SBV), although SBV is ready to disburse funds.

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Banks entice local, foreign firms

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VietnamNet English 5 month(s) ago

Banks entice local, foreign firms

VietNamNet Bridge – 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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Báo Đầu Tư English 6 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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