Nearly 1.3 million poor and near-poor households had got access to loans from the Vietnam Bank for Social Policies (VBSP) to cope with COVID-19 in the first half of this year.
The World Bank (WB) is a very important development partner, which always supports and actively contributes to Vietnam’s socio-economic development, Prime Minister Pham Minh Chinh has said.
The Vietnam Railway Corporation (VNR) has proposed borrowing non-interest loans worth VND800 billion (US$34.77 million) to deal with its difficulties caused by the COVID-19 pandemic.
The agricultural sector has disbursed about VND3.52 trillion (US$152.98 million) of public investment in the first six months of 2021, completing 35.83% of its yearly target, according to the Ministry of Agriculture and Rural Development (MARD).
Only 7.5% of official development assistance (ODA) and foreign loans have been disbursed since the beginning of the year according to the Ministry of Finance (MoF).
Commercial banks have made public the sale of unsecured consumer debt for the first time in the country.
Vietnam ranks 70th among 190 economies in this year's Doing Business 2020 report released by the World Bank (WB). One year earlier, it ranked 69th, and in 2018, it was 68th.
The State Bank of Vietnam (SBV) has requested local credit institutions and foreign banks’ restrict lending concentration for real estate and construction and consumption sectors, and Build-Operate-Transfer (BOT) projects.
The Ministry of Transport has proposed the Government increase support for domestic airlines which were heavily hit by the COVID-19 pandemic.
A number of banks recorded impressive growth in the first quarter and set a relatively strong profit growth target this year.