VOV.VN - The Central Institute for Economic Management (CIEM) has revised two scenarios for the Vietnamese economy by the end of the year, with the GDP rate forecast to expand by 5.9% and 6.2%, respectively.
Most banks have agreed to cut the lending rate for enterprises hard hit by the COVID-19 pandemic from this month until the end of this year.
The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) again tops the list of ten most prestigious commercial banks in Vietnam this year, according to the latest ranking announced by Vietnam Report.
Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu has asked the Vietnam Banks Association (VNBA) to campaign lenders to slash interest rates immediately this month.
VOV.VN - The Vietnamese economy is set to grow by between 6% and 6.5% over the next decade, according to experts from DBS Bank, adding that if the country maintains its current trajectory then it will surpass Singapore by 2030.
National flag carrier Vietnam Airlines on July 7 signed a credit deal – worth total of VND4 trillion (US$173.7 million) – with three commercial banks, which are expected to weather the financial impact of the COVID-19 pandemic.
Vietnam, Malaysia and Thailand are the most attractive expansion destinations for European corporates, according to a recent survey conducted by Standard Chartered Bank.
Nearly 1.3 million poor and near-poor households had got access to loans from the Vietnam Bank for Social Policies (VBSP) to cope with COVID-19 in the first half of this year.
The State Bank of Vietnam (SBV) and the Embassy of Switzerland recently signed a bilateral agreement for the new Swiss Bank Executive Training programme (Swiss BET) to help build the capacity of Vietnamese bank executives.
VOV.VN - United Overseas Bank (UOB) of Singapore has maintained its forecast that the Vietnamese economy will expand by 6.7% over the course of the year 2021.