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Tax cuts help control inflation: Finance Ministry
Tax and fee reductions have contributed to bringing inflation under control in Vietnam, according to Deputy Minister of Finance Vo Thanh Hung.
Tight control over real estate credit to mitigate risks
The State Bank of Vietnam (SBV)’s decision to tighten control over real estate credit has helped to restrict speculation while making the market transparent and preventing a real state bubble, economic experts have said.
Public debts to be kept at under 60% of GDP in 2030: Strategy
Deputy Prime Minister Le Minh Khai has signed a decision approving the public debt strategy until 2030, which sets a target of keeping it at under 60% of the GDP and Government debts not exceeding 50% of the GDP by 2030.
PM orders acceleration of ODA, preferential loan disbursement
Deputy Prime Minister Pham Binh Minh on April 8 signed the Prime Minister’s dispatch requesting the acceleration of disbursement of foreign official development assistance (ODA) and preferential loans.
EVN inks non-Government guaranteed loan worth EUR80 million with AFD
The Vietnam Electricity Group (EVN) and the French Development Agency (AFD) on March 28 signed a agreement on a non-Government guaranteed loan worth EUR80 million to implement the southern Vietnam power distribution project invested by EVN's subsidiary - the Southern Power Corporation (EVN SPC).
Vietnam to have regulations on offshore loans
The State Bank of Vietnam (SBV) is collecting opinions from organisations and individuals on the Prime Minister's draft decision on offshore loans and guarantees for non-residents of economic organisations.
Local bank raises US$260 million in international syndicated loans
VIB has raised US$260 million in international syndicated loans from the Asian Development Bank (ADB), United Overseas Bank Limited (UOB) and nine Asian financial institutions.
Banks ensure fuel firms have access to more credit
The State Bank of Vietnam (SBV) has issued Document No 1509, asking commercial banks to raise credit limits for a number of fuel firms, particularly those who import extra fuel at the request of the Ministry of Industry and Trade (MoIT).
Vietnam, RoK to lift bilateral partnership to new level in 2022
VOV.VN - Vietnam and the Republic of Korea (RoK) will work closely toward lifting their relationship to a level of comprehensive strategic partnership in 2022 in celebration of 30 years of diplomacy between the two countries.
Sixteen banks cut over VND21.2 trillion for pandemic-hit customers
Sixteen commercial banks cut over VND21.24 trillion (US$936 million) of loan interest for COVID-19-hit customers from July 15 to December 31, 2021, surpassing their commitment by 5.13%, the State Bank of Vietnam (SBV) reported on February 9.
