The Government has approved a proposal by Ho Chi Minh City to stop borrowing official development assistance (ODA) loans from Germany’s KfW development bank for Metro Line No. 2 and instead use domestic funds to avoid further delays.

VOV.VN - While large enterprises have actively participated in the green transition, small and medium-sized enterprises (SMEs) which account for 97% of all businesses in Vietnam have been slow to engage in this transformation.

Deputy Prime Minister Bui Thanh Son has underscored the need to improve processes, streamline procedures, and capitalise on financial resources to support national development.

Average home loan interest rates may increase slightly from the beginning of this year due to rising capital costs, analysts forecast.

VOV.VN - Last year saw the State Bank of Vietnam proactively monitor global and domestic economic developments and implement comprehensive measures to support businesses and individuals in accessing bank loans through the stable monetary policy.

The Japan International Cooperation Agency (JICA) officially signed a loan agreement with the Tien Phong Commercial Joint Stock Bank (TPBank) under the Private Sector Investment Finance (PSIF) project on January 14.

VOV.VN - By the end of the year the disbursement rate for public investment capital sourced from foreign loans allocated to ministries, sectors, and localities has only met about one third of the overall plan.

Vietnamese-American singer Sangeeta Kaur, whose real name is Mai Xuan Loan, and director Bao Nguyen have been nominated for Grammy Awards this year.

Japan signed loan agreements with Vietnam totalling JPY102.2 billion (approximately US$678 million), marking the highest amount since 2017, during the Japanese financial year from April last year to March this year.

As many as 17 banks in Vietnam have announced programmes to support their customers who were affected by Typhoon Yagi.