New tool for financial inclusion

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VietStock FI English 10 month(s) ago

New tool for financial inclusion

The first comprehensive survey of the accessibility and usage of Cambodian financial services found that only 17 per cent of the Kingdom’s adult population is banked, with poor access to financial services among the key impediments to financial inclusion of those living in rural areas.

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Businesses fear loan interest rate hikes as banks pay more for deposits

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Báo Thanh Niên English 10 month(s) ago

Businesses fear loan interest rate hikes as banks pay more for deposits

Commercial banks have hiked deposit interest rates, raising fears about a concomitant lending rate hike, which would deal a big blow to local enterprises that are already struggling to compete with their foreign rivals who can borrow at much lower rates from foreign banks.

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Cancer mother, seriously-injured son call for help

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Báo Dân Trí English 11 month(s) ago

Cancer mother, seriously-injured son call for help

A poor family in the central province of Ha Tinh is calling for public help as the mother is suffering from nasopharyngeal carcinoma, while his son is facing the death risk due to serious injuries after a traffic accident.

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Vietnam's government exceeds spending limit again

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Báo Thanh Niên English 11 month(s) ago

Vietnam's government exceeds spending limit again

Discussions on weak fiscal discipline began to pop up again after new data revealed that the government in 2014 did not just spend more than it had, but also broke an overspending cap imposed by legislators.

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Home Credit Vietnam hit big jackpot

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Báo Đầu Tư English 11 month(s) ago

Home Credit Vietnam hit big jackpot

Czech-backed consumer financial product provider Home Credit Vietnam Finance Limited Company has won a big windfall in this year’s first four months.

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Vietnam gov't plans to borrow over $20 billion this year

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Báo Thanh Niên English 11 month(s) ago

Vietnam gov't plans to borrow over $20 billion this year

The Vietnamese government will borrow VND452 trillion (US$20.08 billion) this year to make up for its budget deficit and refinance its existing debts, according a plan recently approved by Prime Minister Nguyen Xuan Phuc.

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Vietnam pledges $88.5 million in cheap loans for small enterprises

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Báo Thanh Niên English 13 month(s) ago

Vietnam pledges $88.5 million in cheap loans for small enterprises

The Ministry of Planning and Investment on Friday unveiled a VND2 trillion (US$88.5 million) lending program aiming to support small- and medium-sized enterprises across the country, local media have reported.

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Audit reveals hefty debts, troubled operations of Vietnam’s HAGL

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Báo Tuổi Trẻ English 13 month(s) ago

Audit reveals hefty debts, troubled operations of Vietnam’s HAGL

A recent independent audit into Hoang Anh Gia Lai Group (HAGL) revealed many issues troubling one of Vietnam’s multifaceted giants, sending its stocks to a record low.

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Vietnam’s inflation to edge up to 5 percent in 2016: report

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Báo Tuổi Trẻ English 13 month(s) ago

Vietnam’s inflation to edge up to 5 percent in 2016: report

The latest quarterly report on the Vietnamese economy by the Vietnam Institute for Economic and Policy Research (VEPR) has been overshadowed by fears of rising inflation.

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Vietnam may borrow $185 million from Japan to build bridge in the Mekong Delta

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Báo Thanh Niên English 13 month(s) ago

Vietnam may borrow $185 million from Japan to build bridge in the Mekong Delta

An undated photo of traffic jam on My Thuan Bridge crossing the Tien River in the Mekong Delta. Photo: Thanh Duc

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VASEP requests foreign loans

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Báo Dân Trí English 13 month(s) ago

VASEP requests foreign loans

The Việt Nam Association of Seafood Exporters and Producers (VASEP) has requested the State Bank of Việt Nam to revise existing regulations to let them access short-term foreign currency loans.

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Little boy struggles against kidney illness

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Báo Dân Trí English 13 month(s) ago

Little boy struggles against kidney illness

A three-year-old boy in Nghe An Province is in need of financial support to help treat a kidney problem.

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Vietnam Airlines announces sale-leaseback plan for three A350s

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Báo Đầu Tư English 14 month(s) ago 1 related news

Vietnam Airlines announces sale-leaseback plan for three A350s

Vietnam Airlines is poised to find buyers for three new-generation A350s it will receive in 2016-17 and lease them back for use, in a move to cut debts, the Vietnamese national flag carrier said on Friday.

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Vietnam Airlines announces sale-leaseback plan for three A350s

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Báo Tuổi Trẻ English 14 month(s) ago 1 related news

Vietnam Airlines announces sale-leaseback plan for three A350s

Vietnam Airlines is poised to find buyers for three new-generation A350s it will receive in 2016-17 and lease them back for use, in a move to cut debts, the Vietnamese national flag carrier said on Friday.

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Vietnam banks race to keep dollar borrowers as tightened lending conditions near

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Báo Tuổi Trẻ English 14 month(s) ago

Vietnam banks race to keep dollar borrowers as tightened lending conditions near

With the effective date of a tightened policy on foreign currency lending drawing near, banks in Vietnam are taking measures to keep borrowers from turning their backs on them.

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