The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) will provide a credit worth VND27.1 trillion (US$1.18 billion) for the Quang Trach 1 thermal power project in the centreal province of Quang Binh.

The State Bank of Vietnam (SBV) has flexibly operated monetary policy tools to maintain liquidity for the banking system, contributing to stabilising and recovering credit growth in the context of unpredictable impacts of the COVID-19 pandemic.

BC Card, a Republic of Korea-based credit card issuer, has acquired 100% stake of Vietnamese point of sale (POS) terminal provider Wirecard Vietnam in a bid to expand its foothold in Southeast Asia.

The Bank for Investment and Development of Vietnam (BIDV) announced on May 27 that it has signed an agreement on the SUNREF green credit line with the French Development Agency (AFD) to finance businesses investing in the fields of environmental protection, climate change response, and green growth.

Credit rating agency Moody's on May 26 affirmed its long-term domestic and foreign currency deposit and issuer ratings of four Vietnamese banks.

The State Bank of Vietnam (SBV) has requested local credit institutions and foreign banks’ restrict lending concentration for real estate and construction and consumption sectors, and Build-Operate-Transfer (BOT) projects.

VOV.VN - Fitch Ratings has assigned PetroVietnam Power Corporation-Joint Stock Company (PV Power) a long-term foreign-currency issuer default rating (IDR) of 'BB', with a positive outlook moving forward.

Vietnam will record positive economic growth in 2021, at around 6-7%, if the country continue support for vulnerable groups in the economy, as well as the freshly-rolled out vaccination campaign.

Vietnam must look to improve national workplace productivity if it wants to promote its economic competitiveness and growth, according to Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) Vu Tien Loc.

VOV.VN - The consumer finance market in the year ahead is predicted to struggle making any significant breakthroughs, despite lending interest rates witnessing a downward trend, according to experts.