HDBank has launched a credit package for petrol stations of Vietnam National Petroleum Group and PetroVietnam Oil Corporation comprising low-interest loans worth around VND5 trillion (US$215 million).
Domestic enterprises with plans to invest in four key industrial sectors and two traditional fields will be offered low-interest loans worth up to VND200 billion (US$8.8 million) for each project.
The HCM City People’s Committee plans to offer low-interest loans of no more than VND200 billion (US$8.75 million) with a maximum seven-year term to enterprises in the manufacturing or support industry.
The HCM City branch of the State Bank of Viet Nam will offer
enterprises low-interest loans from a fund totalling VND40 trillion
(US$1.89 billion) approved by the central bank.
Brokerage companies are facing intense competition to win customers as
they struggle to offer the type of low interest loans that are available
at larger, more established brokers.