Tag: credit
Good control of pandemic will accelerate credit growth: Insiders
Credit growth will expand significantly from Quarter 2 and exceed the State Bank of Vietnam (SBV)’s target of 12% for the year as a whole if the pandemic is brought under good control and the vaccination campaign proves effective, according to insiders.
Over 6.4 million poor households access social policy bank loans
As of March, more than 6.4 million poor and near-poor households had won access to loans from the Vietnam Bank for Social Policies (VBSP).
Vietnamese firms in Cambodia strive to overcome difficulties amid pandemic
Amid the COVID-19 pandemic, many Vietnamese enterprises in Cambodia have tried their best to stand firm and have worked towards developing their business in the “new normal”.
Plenty of room remains for growth of consumer credit market: Insiders
Though Vietnam’s outstanding consumer credit almost tripled over the last decade, its share of total outstanding loans is yet to keep pace with that of its regional nations. There is plenty of room for improvement in the time to come, industry insiders have said.
Vietnam needs an e-commerce credit evaluation system
An e-commerce credit evaluation system is needed to increase customer confidence in purchase and payment.
Credendo Insurance Group highlights Vietnamese economic success amid COVID-19
VOV.VN -Credendo Insurance Group’s offices in Germany and Austria have published a study aimed at evaluating the level of risk in Vietnam, with the report stressing that the country is continuing to enjoy a successful economic story after its sustained efforts to containing the COVID-19 pandemic.
Corporate bond market forecast to be robust this year
The corporate bond market in Vietnam is expected to be robust this year as the Government has issued regulations to untie the market but still aimed to ensure transparency and healthy market development.
Banks launch domestic credit chip cards
The National Payment Corporation of Vietnam (Napas) and seven domestic banks recently launched domestic credit chip cards with unified standards to promote cashless payments and tackle black credit.
Strict controls placed on overspending and public debt over next five years
VOV.VN - The budget revenue structure has shifted towards a more sustainable model to meet the development and integration of the national economy, following goals set to raise the proportion of domestic revenue to 82% for 2016- 2020 and 85.5% by 2020, and reduce the proportion of revenue from import-export activities and crude oil exports.
Banks to introduce domestic credit chip cards to promote cashless payments
The National Payment Corporation of Vietnam (Napas) last week said it will work with seven banks to introduce domestic credit chip cards with unified standards to limit cash payments and tackle black credit.
