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bank loan

Shinhan Bank reduces interest rates to support corporate customers

Shinhan Bank reduces interest rates to support corporate customers

Shinhan Bank has reduced loan interest rates for corporate customers to help those affected by the COVID pandemic recover from its effects and generally to cope with inflation and volatility in raw material prices, and expand business at the end...
Travel industry demands coronavirus support

Travel industry demands coronavirus support

The HCM City Department of Tourism said it has submitted to the State Bank of Viet Nam a list of 31 travel and tourism firms that are seeking help to make it through the disruption caused by the COVID-19 pandemic.
Acquisition threat real for VN FMCG brands

Acquisition threat real for VN FMCG brands

The Sa Giang Import and Export Joint Stock Company has reported a net profit of VND30.5 billion ($1.34 million) on a turnover of VND290.7 billion (US$12.8 million) last year.
ADB, Chinese firm sign clean waste-to-energy agreement

ADB, Chinese firm sign clean waste-to-energy agreement

Asian Development Bank (ADB) on Friday signed a US$100 million loan agreement with China Everbright International Limited (CEIL).
Bank loans for securities sector falls to 444.4m

Bank loans for securities sector falls to $444.4m

Total lending of the banking sector for securities trading has reached VND10 trillion (US$444.4 million), according to State Bank of Viet Nam (SBV) governor Le Minh Hung.
8.9b received from loan interest

$8.9b received from loan interest

Credit institutions have received some VND200 trillion (US$8.9 billion) yearly from interest rates of bank loans, according to the Ministry of Finance’s estimates.
LienVietPostBank signs 50m loan

LienVietPostBank signs $50m loan

Lien Viet Post Joint Stock Commercial Bank (LienVietPostBank) has signed a US$50 million syndicated loan agreement with Taiwanese banks to supplement mid-and-long term foreign resources for local firms.
Housing stimulus set to benefit all

Housing stimulus set to benefit all

The Government''s VND30 trillion (US$1.44 billion) bank loan package designed to assist low-income property seekers would not be limited to State-owned enterprises (SoEs), the Ministry of Construction has said as it moves to dispel doubts the loans would not reach the private sector.
Ministry approves first ten investors for loan package

Ministry approves first ten investors for loan package

The Ministry of Construction recently approved the first ten real estate companies for its VND30 trillion (US$1.42 billion) loan package.
Housing market may revive

Housing market may revive

The Government''s new VND30 trillion bank loan package was providing positive signals to Viet Nam''s gloomy real-estate market, said the director of the State Bank''s credit department, Nguyen Viet Manh.