New law expects to boost financial leasing

Friday, Mar 22, 2024

The law, which will take effect from July 1 this year, allows financial leasing companies to establish subsidiaries to handle and exploit bad debt assets. It also states that small financial leasing deals with value under VNĐ100 million do not...

VN needs an enabling environment to promote financial leasing

Saturday, Feb 03, 2024

Financial leasing has high potential in Việt Nam’s dynamic economy with more than 800,000 enterprises and more than 5 million business households.

Viet Nam needs financial leasing firms so SMEs can develop

Thursday, Jul 04, 2019

According to Viet Nam Chamber of Commerce and Industry (VCCI), up to 70 per cent of small and medium sized enterprises (SMEs) have had difficulties in getting loans due to not meeting the requirements of lenders.

VN’s financial leasing potential

Tuesday, Sep 19, 2017

Financial leasing institutions are believed to the lastest solution to resolve the capital issue for local businesses, especially small-and-medium sized enterprises (SMEs), experts said.

VN-Japan financial leasing venture debuts

Monday, Sep 11, 2017

BIDV-SuMi TRUST Leasing Co, Ltd (BSL) officially opened in Ha Noi last week, becoming the first financial leasing joint venture between a Vietnamese bank and a foreign financial institution in Viet Nam, vietnamplus.vn reported.  

Corruption trial begins for former Agribank director

Thursday, Nov 07, 2013

Just over US$25 million was embezzled from the State budget, the People''s Court of HCM City heard yesterday at the start of a corruption trial involving the director general of Agribank Financial Leasing Company No 2 (ALCII).