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loan

Banks propose raising small loan cap to VNĐ400 million

Banks propose raising small loan cap to VNĐ400 million

Banks suggested raising the value limit for small loans, especially credit cards and overdrafts, because borrowers of such loans are meeting consumer needs so it is difficult for them to have adequate and accurate reports to prove feasible capital use...
Lenders asked to maintain loan standards to ensure credit safety

Lenders asked to maintain loan standards to ensure credit safety

The central bank is calling on lenders to facilitate access to capital for businesses, while also maintaining lending standards to ensure the safety of credit amid low demand. 
HoREA proposes private housing buyers access preferential loan packages

HoREA proposes private housing buyers access preferential loan packages

The HCM City Real Estate Association (HoREA) has proposed allowing private housing buyers to access a credit package of VNĐ120 trillion (US$4.87 billion) to promote real estate consumption growth.
Syndicated lending proposed to reduce impacts of loan limit policy

Syndicated lending proposed to reduce impacts of loan limit policy

Syndicated loans with the participation of more than one bank in managing and evaluating projects also help increase the transparency and efficiency of projects.
General Department of Taxation reviews draft regulations on loan interest expense cap

General Department of Taxation reviews draft regulations on loan interest expense cap

The GDT said that it has coordinated with six local tax departments to organise a conference to review a draft decree that amends and supplements Decree 132/2020/NĐ-CP on tax management for enterprises with associated transactions.
VCCI proposes removing draft regulation on loan interest expense cap

VCCI proposes removing draft regulation on loan interest expense cap

Management authorities should not try to restrict the thin capitalisation of domestic enterprises by applying a loan interest expense cap regulation, the Vietnam Chamber of Commerce and Industry (VCCI) said.
Borrowers struggle to benefit from new lending policy

Borrowers struggle to benefit from new lending policy

Borrowers are finding it challenging to obtain new loans from banks to settle their existing debts at a different bank.
Deputy PM: banks consider solving financial difficulties of seafood businesses

Deputy PM: banks consider solving financial difficulties of seafood businesses

VASEP said loan interest rates are the biggest challenge for the industry so the association hoped the Government, the Ministry of Finance and the central bank will solve this challenge.
Support needed to save enterprises from exiting market

Support needed to save enterprises from exiting market

The health of enterprises reflected the health of the economy, thus, it was necessary to have stronger solutions to prevent the wave of enterprises selling assets and leaving the market.
Loan interest expenses erode the profits of agricultural enterprises

Loan interest expenses erode the profits of agricultural enterprises

The difficult market, coupled with a sharp increase in loan interest expenses, made the profits of many agriculture enterprises go backward in the first quarter of 2023, with some large corporations even recording heavy losses.
Social housing loan interest rates drop to 4.8%

Social housing loan interest rates drop to 4.8%

Prime Minister Pham Minh Chinh on Wednesday approved a decision that lowers the interest rate on loans for social housing buyers from 5per cent to 4.8 per cent.
Vingroup named best issuer for sustainable finance

Vingroup named “best issuer for sustainable finance”

Vingroup has just been named “The Best Issuer in Sustainable Finance in 2022”.
Big four banks launch preferential interest rate loan packages

Big four banks launch preferential interest rate loan packages

The group of the four biggest State-owned banks (Big4) have launched preferential loan packages with interest rate reductions of up to 3 per cent per year to lower short-term lending rates to only 7 per cent per year.
BIDV – first Vietnamese bank to issue Sustainable Loan Framework

BIDV – first Vietnamese bank to issue Sustainable Loan Framework

BIDV on Thursday officially issued a Sustainable Loan Framework in consultation with the Carbon Trust.
Sacombank launches preferential loan programme for car buyers

Sacombank launches preferential loan programme for car buyers

Sacombank has rolled out a car loan programme with preferential interest rates starting from 8.5 per cent per year until June 30.