Tag: credit package
Rollout of VND500-trillion credit package for technology firms accelerated
Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu provided further details on the direction, mechanism, and expected timeline of the preferential credit package worth VND500 trillion (about US$20 billion) to support businesses investing in infrastructure and digital technology, at the Government’s monthly regular press conference.
Construction industry expands at the highest rate since 2020: ministry
The construction industry is estimated to expand at around 7.8- 8.2% this year, the highest rate since 2020, according to a Ministry of Construction report.
PM orders measures to boost domestic market
Prime Minister Pham Minh Chinh on November 26 ordered the continuation of developing the domestic market and boosting consumption in the remainder of the year.
Banks pump over US$18.88 billion into economy in June
Banks lent more than VND480 trillion (US$18.88 billion) to economic entities in June, demonstrating the sector’s efforts in concretising the Government’s credit goal of 5-6% to the end of Q2.
Vietnam updates growth scenarios on positive Q1 gains
VOV.VN - The Ministry of Planning and Investment has unveiled two new scenarios for the Vietnamese economy this year thanks to positive signs recorded in the first quarter.
130,000 apartments more to be built for low-income earners this year
VOV.VN - Vietnam is striving to build 130,000 apartments for low-income earners and workers in industrial parks this year in line with a Government Resolution issued in January 2024, said the Ministry of Construction.
SVB: VND120 trillion social housing credit package rolled out
To date, 10 provinces have sent their lists of projects for access to a VND120 trillion (US$5.11 billion) housing credit package, heard an online conference on reviewing a resolution to remove difficulties for the development of the real estate market chaired by Prime Minister Pham Minh Chinh on August 3.
PM works with ministries, agencies on finance-banking activities
Prime Minister Pham Minh Chinh held a working session with the State Bank of Vietnam (SBV), the Ministry of Finance and the Ministry of Justice on April 22 to review and step up the issuance of two important circulars related to the finance-banking sector.
Real estate market needs credit solutions: experts
In an effort to address the ongoing challenges faced by the domestic real estate market, an approach encompassing legal, administrative, and financial solutions is urgently required, particularly in the realm of credit.
HCM City to spend US$433 million on poverty reduction
Authorities of Ho Chi Minh City plan to spend more than VND10.2 trillion (US$433 million) on a sustainable poverty reduction programme this year.
