Tag: loans
Tourism industry needs support
The Ministry of Culture, Sports and Tourism has asked Prime Minister Nguyen Xuan Phuc for urgent support for tourism businesses impacted by the second wave of COVID-19.
Keeping NPLs ratio below 3% a challenge: experts
The COVID-19 pandemic is weighing on the banking system’s non-performing loans (NPLs), requiring significant efforts to keep NPLs ratio below 3% by the end of this year as targeted by the Government.
Banks’ profit forecast to drop significantly in H2
The pre-tax profit of the banking system in the second half of this year is estimated to fall 22.1% compared to the same period last year due to an increase in provisions for risky loans in the wake of the COVID-19 pandemic.
Multi-million US dollar project helps manage flooding, water resources in Vinh Phuc
A project on water and flood management in the northern province of Vinh Phuc has had a significant role to play given the locality has been facing major inundation for many years, especially during the wet season.
Minister calls on northern localities to use ODA selectively
Minister of Planning and Investment Nguyen Chi Dung urged localities on August 26 to not use Official Development Assistance (ODA) loans next year for projects where funding can be mobilised from the private sector or domestic sources.
New ADB loan sought for HCM City metro project
The Government has asked the Asian Development Bank (ADB) for a loan of approximately US$1 billion to ensure capital supply for the Ben Thanh - Suoi Tien metro project, HCM City’s second metro line.
Second aid package for those hit by COVID-19 proposed
The Ministry of Labour, Invalids and Social Affairs said on August 25 that it has sent a proposal to the Ministry of Planning and Investment seeking the second aid package for businesses and workers affected by the COVID-19 pandemic.
Vietnamese love novel on Pho given date for US debut
VOV.VN - A love novel written by author Loan Le where Pho, a traditional Vietnamese noodle soup, is a central theme is set to be released on February, 2021 in the United States.
HDBank named best domestic retail bank for second straight year
HDBank has recently obtained the "Best Domestic Retail Bank" award by Asian Banking & Finance magazine, for the second consecutive year, for its impressive performance in the retail segment with modern products and services.
Banks cut home loan interest rates
Interest rates of home loans at commercial banks have tended to reduce significantly since the second half of July due to low capital demand from business and production.
