Tag: loans
Passenger bus plunges off cliff in Da Nang, killing three
VOV.VN - A bus carrying 22 passengers has fallen off an expressway in Da Nang, with the incident leaving three dead and three others severely injured.
Outstanding credit forecast to grow 14.2% this year
Outstanding credit of the banking system is forecast to increase 4.4% in the first quarter and 14.2% in 2024, up 0.4 percentage point from the previous prediction of 13.8%.
Chinese arrested for lending services with interest of over 500%
VOV.VN - Police operating in Da Nang said on January 13 that they have co-operated with their counterparts in Ho Chi Minh City and the southern province of Binh Duong to bust a major loan shark ring headed by a Chinese national, whilst also arresting a total of 192 suspects.
Exporters call for more Gov’t assistance to address difficulties
Suffering from declined overseas shipments, export businesses in some industries now need more assistance from the Government to navigate difficulties and challenges, insiders have said.
JICA vows to foster Vietnam – Japan comprehensive cooperation
VOV.VN - The Japan International Cooperation Agency (JICA) has pledged to make further efforts to contribute to Vietnam’s development through its ODA capital and to promote the recently established Comprehensive Strategic Partnership between Vietnam and Japan, according to Yuichi Sugano, chief representative of JICA – Vietnam Office.
VIB raises US$280 million, affirming strong reputation in international capital market
The Vietnam International Commercial Joint Stock Bank (VIB) has closed a medium-long-term syndicated loan worth US$280 million.
US DFC considers US$500 million loan to VinFast
The US International Development Finance Corporation (DFC) has signed a letter of interest (LOI) with electric vehicles maker VinFast considering the Vietnamese company's application for a US$500 million loan for expansion, VinFast said on December 4.
PM: Vietnam considers WB significant development partner
The Vietnamese Government always considers the World Bank (WB) a close friend and a significant development partner, Prime Minister Pham Minh Chinh told WB Country Director in Vietnam Carolyn Turk during a reception in Hanoi on October 27.
Banking system’s bad debt ratio surges to 3.56%
The bad debt ratio of the banking system skyrocketed from 2% at the beginning of this year to 3.56%, or more than VND440 trillion, at the end of July 2023, according to the latest data from the State Bank of Vietnam (SBV).
US financer DFC lends VPBank to assist SMEs in capital access
VOV.VN - The US International Development Finance Corporation (DFC) will lend US$300 million to Vietnam Prosperity Joint Stock Commercial Bank (VPBank) to assist small and medium sized enterprises (SMEs) to access capital for production.
