More than 2 million poor households won access to loans worth over VND80 trillion (US$3.52 billion) from the Vietnam Bank for Social Policies (VBSP) last year.

VOV.VN - The Miss World Vietnam 2022 pageant officially got underway with a press conference held by Sen Vang Entertainment Company in Ho Chi Minh City on December 22 to launch the contest.

The Prime Minister has assigned the Ministry of Planning and Investment to draft strategies and policies on development cooperation with foreign donors in order to improve the efficiency of using official development assistance (ODA) and concessional loans.

The State Bank of Vietnam (SBV) will enhance inspections to discover illegal finance companies and protect the interests of consumers and licensed finance companies, according to the SBV’s Governor Nguyen Thi Hong.

About VND527.1 trillion (over US$22.9 billion) in foreign official development assistance (ODA) and concessional loans will be allocated during the 2011 - 2025 period.

Local aviation enterprises have again asked for preferential loans to overcome difficulties caused by the pandemic.

Three wind power projects co-funded by the Japan International Cooperation Agency (JICA) have been put into commercial operation, the agency announced on November 10.

In the face of rising bad debt amid the ongoing COVID-19 pandemic, commercial banks have been forced to write up their loan loss provisions, according to industry sources.

VOV.VN - The Cat Linh – Ha Dong metro line, part of Hanoi’s urban railway system, was inaugurated in the capital city on November 6 after 10 years of construction.

Vietnam Prosperity Joint Stock Commercial Bank (VPBank) on October 27 signed a US$200 million loan fund with Sumitomo Mitsui Banking Corporation (SMBC).