Tag: credit
Vietnam likely to maintain high economic growth in medium term: IMF expert
VOV.VN - Vietnam will enjoy favourable conditions to fuel its economic recovery this year despite the global moderate growth forecast, said Paulo Medas, head of the International Monetary Fund (IMF) team to Vietnam.
Over US$21.7 million of credit package for social housing development disbursed
As many as VND531 billion (US$21.7 million) under the VND120 trillion credit package for social housing development has been disbursed, according to Director General of the State Bank of Vietnam (SBV)’s Department of Credit for Economic Sectors Ha Thu Giang.
Central bank takes credit growth as 2024 key task
Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong on February 20 said propelling credit growth is the key task in 2024 to ensure ample capital for the economy.
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.
Vietnam promulgates new Land Law, Credit Institutions Law
VOV.VN - The Office of the President on February 19 announced the President’s decision to promulgate the amended Land Law and the amended Law on Credit Institutions which was passed by the National Assembly at its recent extraordinary session.
Central bank pushes others to boost lending from start of New Year
The State Bank of Vietnam has issued a directive urging credit institutions to accelerate credit growth from the early months of 2024, a pivotal step toward propelling economic growth.
FPT IS works with Carbon EX to promote carbon credit projects
FPT Information System Company Limited (FPT IS) and Carbon EX have just signed a Memorandum of Understanding on cooperation in providing services and solutions to promote carbon credit projects.
Bad debt recovery faces many challenges in 2024
The settlement of bad debts will face many difficulties this year as there are no legal regulations related to repossessing collateral assets, industry insiders said.
Record-low interest rates drive early-year credit growth
Since the beginning of the year, numerous banks have launched attractive credit packages with low interest rates, some even as low as 0% per year, easing the financial burden for customers seeking additional capital, particularly during the time leading up to Tet (Lunar New Year holiday).
Credit offers on the rise nearing Tet
High demand during the Tet shopping season has prompted commercial banks to introduce credit offers worth hundreds of billions VND for consumers, said industry experts and insiders.
