According to experts, retail banks have recently lost momentum from their core credit segment, as the proportion of their personal loans has decreased sharply.
Việt Nam has the potential to cultivate seaweed on one million hectares, providing resources for multiple industries and income from carbon credit sales.
The World Bank would raise $40 million between 2023-2024 and $60 million between 2025-2026 to pay for the carbon credits generated by the one million hectares of low-carbon high-quality rice paddies in the Mekong Delta.
Small and medium-sized enterprises (SMEs) must improve their transparency to enable them to access banking credits, experts said at a conference on Thursday.
The National Financial Supervisory Commission (NFSC) has reported that credit in the first month of the year saw a growth rate of 1 per cent, the highest month-on-month increase over the past five years.
While support to enable firms to engage in global value chains has
become pressing amid rapid international integration, businesses are
still struggling to access credit, especially small- and medium-sized enterprises (SMEs), according to the Ministry of Industry and Trade.
Intensifying the scale and health of the financial market should be one
of the top priorities for Viet Nam in its ongoing economic
restructuring process, a finance official said.