Governor of the State Bank of Viet Nam Le Minh Hung has called on commercial banks to urgently simplify lending procedures to help COVID-19-affected firms easily access preferential interest rate loans.
The Asian Development Bank (ADB) is willing to provide long-term,
low-interest-rate loans for Viet Nam''s major socio-economic
infrastructure projects, its new Country Director Eric Sidgwick assured
Prime Minister Nguyen Tan Dung during a meeting in Ha Noi yesterday.
The Chairman of the joint stock automaker Vinaxuki, Bui Ngoc Huyen, shared with the Vietnam News Agency
reporter Duc Dung his opinions on the Government''s policies on land,
technological transfer, and long-term, low-interest-rate loans to
stimulate the automobile spare parts manufacturing business.
Vietnamese banks are likely to promote lending programmes that
hopefully will help them to either unleash idle capital or boost the
sluggish credit growth toward the end of the year.
The State Bank of Viet Nam plans to maintain the current deposit interest-rate cap to ensure stability on the market. However, many domestic enterprises want the central bank to set a cap on the lending interest rate so they can...