Portugal makes early 1-billion euro repayment to IMF

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Báo Đầu Tư English 1 month(s) ago

LISBON: Portugal has made an early repayment of €1 billion to the International Monetary Fund and intends to repay a further €2.6 billion of bailout loans by August, the government said Friday.

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No more cheap ODA loans for Vietnam come July

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Báo Tuổi Trẻ English 2 month(s) ago

Vietnam will not be able to borrow official development assistance (ODA) at preferential interest rates and terms come July, the Ministry of Finance confirmed on Wednesday.

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Interest rate for social housing loans

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Báo Đầu Tư English 3 month(s) ago

The Việt Nam Bank for Social Policies (VBSP) interest rate for social housing loans in 2017 will be 4.8 per cent per annum, or 0.4 per cent a month, according to a decision just signed by Prime Minister Nguyễn Xuân Phúc.

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Gov’t to borrow over US$15 billion in 2017

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Báo điện tử CP English 3 month(s) ago

VGP - The Government plans to borrow VND 342,06 trillion (more than US$15 billion) this year, according to a scheme approved recently by Prime Minister Nguyen Xuan Phuc.

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Government passes 2016-2018 debt management program

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Báo điện tử CP English 4 month(s) ago

VGP – The PM has ratified the 2016-2018 medium-term debt management program, targeting to keep public debt (government debt, government-guaranteed debt and local government debt) at no more than 65% of gross domestic product (GDP).

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Nearly 480,000 households without housing in HCM City

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Báo Đầu Tư English 6 month(s) ago

The Ho Chi Minh City Department of Construction has recently announced the results of a survey conducted on the status of housing in order to meet demand in the southern city.

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Politburo's Resolution on guidelines and measures to manage public debts

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Báo điện tử CP English 8 month(s) ago

VGP - The Political Bureau on November 18, 2016 issued Resolution No. 07-NQ/TW on guidelines and measures to restructure state budget and manage public debts to ensure the safety and stability of the national finance.

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Eurozone agrees debt relief for Greece amid IMF row

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Báo Đầu Tư English 9 month(s) ago

BRUSSELS: Eurozone finance ministers on Monday (Dec 5) approved new debt relief measures to alleviate Greece's colossal debt mountain in the wake of its huge 86-billion-euro bailout, but at levels far short of those demanded by the IMF.

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Vietnam legislature passes resolution on country’s five-year financial plan

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Báo Tuổi Trẻ English 9 month(s) ago 1 related news

An annual seven-percent increase to the minimum wage during the 2016-2020 period is among the fiscal policies set out by Vietnam’s lawmaking National Assembly (NA) in its resolution passed this week.

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Vietnam spends $1bn servicing ODA debts every year

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Báo Tuổi Trẻ English 10 month(s) ago

Vietnam earmarks some US$1 billion every year for repaying official development assistance (ODA) loans, one Ministry of Finance agency said on Tuesday.

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ODA interest rates to increase

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Báo Dân Trí English 10 month(s) ago

ODA interest rates for Vietnam may increase to 2%-3.5% starting from next July as preferential ODA loans end.

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SBV reiterates disallowance of loan rollover

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Báo Đầu Tư English 11 month(s) ago

The State Bank of Việt Nam has reminded foreign credit institutions and bank branches of its rollover loan requirements.

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PM weighs in on rice lending

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VietStock FI English 11 month(s) ago

PM weighs in on rice lending

Rice millers said yesterday they welcomed the prime minister’s announcement that the government would make over $20 million in funds available shortly to support cash-strapped millers and prop up falling paddy prices.

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Schools to teach financial literacy

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VietStock FI English 13 month(s) ago

The central bank is working on developing a new syllabus for financial literacy that will be included in the general education curriculum, but has yet to find a development partner to help craft a program, an official said yesterday.

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5 arrested for kidnapping Chinese businessman in Hanoi

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Báo Thanh Niên English 14 month(s) ago

Five men have been arrested in Hanoi for allegedly kidnapping a Chinese businessman to demand repayment of a 700,000-yuan (US$105,000) loan he had guaranteed for a friend.

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