Special loans from the State budget should only be provided when credit institutions face liquidity difficulties or to facilitate compulsory recovery and transfers. These measures aim to ensure the safety of the banking system and protect depositors’ rights.
The Government Office has instructed the Ministry of Planning and Investment, the Ministry of Finance, the Ministry of Transport and the State Bank of Vietnam to study a proposal by the Vietnam Aviation Business Association (VABA), in which the airline...
Privately-owned airlines have requested access to 0 per cent interest loans, similar to the support Vietnam Airlines (VNA) - the country''s flag carrier - entitled to, heard a meeting among the State Bank of Vietnam (SBV), commercial banks and the...
VIB is the first bank in Việt Nam to waive interest rates for card holders for five years of their cards’ validity, instead of 45 to 60 days as is typical
Market would have enough supply of food on Tet festival though major cities have abolished mechanism on giving loans with zero interest rate from the cities’ state budget for enterprises to purchase goods serving Tet festival.