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Tag: credit

Credit growth remains far from government’s target
Credit growth remains far from government’s target

Credit within the banking system to the end of May 2024 increased by only 2.41% against the end of 2023, far from the credit growth target, the Government reported.

Credit growth remains far from government’s target

Credit growth remains far from government’s target

US$980 million contract for Song Hau 2 Thermal Power Plant Project signed
US$980 million contract for Song Hau 2 Thermal Power Plant Project signed

VOV.VN - Toyo Ink Group Berhad, Song Hau 2 Power Company Limited and Export-Import Bank of Malaysia (Eximbank Malaysia) have signed a credit contract worth US$980 million for Song Hau 2 Thermal Power Plant Project.

US$980 million contract for Song Hau 2 Thermal Power Plant Project signed

US$980 million contract for Song Hau 2 Thermal Power Plant Project signed

Measures taken to stabilise foreign exchange market: SBV Governor
Measures taken to stabilise foreign exchange market: SBV Governor

Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong on May 29 said that the central bank is closely following market moves and implementing measures to stabilse exchange rates and foreign exchange market as the Government has directed.

Measures taken to stabilise foreign exchange market: SBV Governor

Measures taken to stabilise foreign exchange market: SBV Governor

Majority of credit institutions forecast profit growth in 2024
Majority of credit institutions forecast profit growth in 2024

A total of 86.2% of credit institutions expect their profit this year to grow compared to 2023, according to the latest survey of the State Bank of Vietnam (SBV).

Majority of credit institutions forecast profit growth in 2024

Majority of credit institutions forecast profit growth in 2024

Banks requested to further cut lending rates to support business production
Banks requested to further cut lending rates to support business production

VOV.VN - Prime Minister Pham Minh Chinh has asked the State Bank of Vietnam to direct banks to further lower lending rates to increase the economy’s access to capital.

Banks requested to further cut lending rates to support business production

Banks requested to further cut lending rates to support business production

Vietnam updates growth scenarios on positive Q1 gains
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.

Vietnam updates growth scenarios on positive Q1 gains

Vietnam updates growth scenarios on positive Q1 gains

Bank credit increases again in March
Bank credit increases again in March

After declining in the first two months of this year, credit of the banking industry in March increased by 0.26% compared to the end of 2023 to about VND13.6 quadrillion, the State Bank of Vietnam (SBV) reported.

Bank credit increases again in March

Bank credit increases again in March

Carbon credit sales represents major opportunity for green transition in Vietnam
Carbon credit sales represents major opportunity for green transition in Vietnam

VOV.VN - Vietnam earned US$51.5 million from selling 10.3 million forestry carbon credits last year, opening up a significant opportunity for the country to speed up the transition to green production.

Carbon credit sales represents major opportunity for green transition in Vietnam

Carbon credit sales represents major opportunity for green transition in Vietnam

Wood industry has opportunities to increase revenue from carbon credits
Wood industry has opportunities to increase revenue from carbon credits

Vietnam's wood industry has opportunities to engage in the carbon market as the whole world is pushing ahead for a greener economy, heard a recent dialogue in Ho Chi Minh City.

Wood industry has opportunities to increase revenue from carbon credits

Wood industry has opportunities to increase revenue from carbon credits

PM urges enhancing credit access, absorption to fuel growth
PM urges enhancing credit access, absorption to fuel growth

Prime Minister Pham Minh Chinh on March 14 chaired a conference launching this year’s monetary policy-related tasks to tackle production and business obstacles, facilitate growth, and maintain macro-economic stability.

PM urges enhancing credit access, absorption to fuel growth

PM urges enhancing credit access, absorption to fuel growth

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Editor-in-chief: NGO THIEU PHONG
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