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Tag: credit

SVB: VND120 trillion social housing credit package rolled out
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.

SVB: VND120 trillion social housing credit package rolled out

SVB: VND120 trillion social housing credit package rolled out

PM lauds HSBC long-term operation strategy in Vietnam
PM lauds HSBC long-term operation strategy in Vietnam

VOV.VN - Prime Minister Pham Minh Chinh, while receiving Mark Tucker, chairman of the Hong Kong Shanghai Banking Corporation (HSBC) Holding plc in Hanoi on August 2, hailed the bank’s commitment to operating in the long-term in Vietnam, contributing to the country’s socio-economic development.

PM lauds HSBC long-term operation strategy in Vietnam

PM lauds HSBC long-term operation strategy in Vietnam

New firms up 0.2% in seven months
New firms up 0.2% in seven months

The number of new firms established in the January-July period, at 89,600, was up 0.2% from the same period last year, but their total registered capital reduced by 17.1% to VND834 trillion (US$35.2 billion), reported the General Statistics Office.

New firms up 0.2% in seven months

New firms up 0.2% in seven months

BC Card: Vietnamese tourists are biggest spenders in RoK
BC Card: Vietnamese tourists are biggest spenders in RoK

VOV.VN - Data released by Korean credit card issuer BC Card on July 28 shows that the number of transactions made by Vietnamese tourists in the Republic of Korea (RoK) during the first half of the year saw the sharpest growth among other visitors, increasing by 468% on-year.

BC Card: Vietnamese tourists are biggest spenders in RoK

BC Card: Vietnamese tourists are biggest spenders in RoK

Vietnam considers domestic carbon credit exchange to enhance green transactions
Vietnam considers domestic carbon credit exchange to enhance green transactions

In light of Vietnam's projected generation of approximately 10.8 million voluntary carbon credits annually, there is a growing demand for efficient exchange and purchase mechanisms, prompting active discussions about the establishment of a domestic carbon credit exchange.

Vietnam considers domestic carbon credit exchange to enhance green transactions

Vietnam considers domestic carbon credit exchange to enhance green transactions

H1 state budget revenue reaches 54% of yearly target: MoF
H1 state budget revenue reaches 54% of yearly target: MoF

The state budget revenue stood at VND875.8 trillion (US$37 billion) in the first half of 2023, equivalent to 54% of this year’s target, reported the Ministry of Finance (MoF).

H1 state budget revenue reaches 54% of yearly target: MoF

H1 state budget revenue reaches 54% of yearly target: MoF

Central bank asks credit institutions to reduce interest rates
Central bank asks credit institutions to reduce interest rates

The State Bank of Vietnam (SBV) has sent a document to credit institutions and branches of foreign banks and SBV in provinces and centrally-run cities regarding the reduction of interest rates.

Central bank asks credit institutions to reduce interest rates

Central bank asks credit institutions to reduce interest rates

Shinhan Bank, BC Card collaborate on acquiring business development
Shinhan Bank, BC Card collaborate on acquiring business development

Shinhan Bank Vietnam Limited on June 29 signed a memorandum of understanding (MoU) with BC Card Company to establish a strategic collaboration in the development of acquiring business in Vietnam.

Shinhan Bank, BC Card collaborate on acquiring business development

Shinhan Bank, BC Card collaborate on acquiring business development

Banking sector focuses on credit institution restructuring
Banking sector focuses on credit institution restructuring

The banking sector should take more drastic measures to restructure credit institutions in association with the settlement of bad debts to contribute to curbing inflation and stabilising macro-economic factors, according to insiders.

Banking sector focuses on credit institution restructuring

Banking sector focuses on credit institution restructuring

Credit growth still low in first half of 2023: SBV
Credit growth still low in first half of 2023: SBV

Credit growth since the start of 2023 remains low, Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu said, blaming that fact on both subjective and objective causes.

Credit growth still low in first half of 2023: SBV

Credit growth still low in first half of 2023: SBV

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