The banking industry has experienced a difficult period in 2023 due to global and domestic headwinds. However, the industry outlook is forecast to be more positive next year when credit growth improves. Việt Nam News reporter Thu Hà talked with...
Resolution 42 on bad debt settlement, which is a pilot legal document that took effect on August 15, 2017, will expire in August this year. Economic expert Nguyen Tri Hieu talks to Vietnam News Agency about the situation.
Talking to Kinh te & Do thi (Economics & Urban Affairs) Newspaper, economist Nguyen Tri Hieu said in the immediate future, there must be a timely solution to support businesses to ensure the "dual goal" of fighting the pandemic and...
After being relatively stable last year, the foreign exchange rate of the Vietnamese dong against the US dollar is forecast to be under bigger pressure due to both internal and external headwinds.
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.
Foreign financial institutions were eyeing up poorly-performing Vietnamese banks after being given the green light to acquire stakes in local institutions in a move to speed up the restructuring of the country’s banking industry, according to banking expert Nguyen Tri...
Many State-owned enterprises (SOEs) are finding it difficult to seek strategic investors post-equitisation and have decided to retain the shares or sell them to the public.
The Government will have to decide either to devalue the Vietnamese dong further against the US dollar to support exports and avoid cheaper Chinese goods to flood in the local market, or keep the dollar/dong exchange rate stable to avoid increased...
Agribank, Vietcombank, Vietinbank, BIDV and VPBank will reduce lending interest rates by 0.5 per cent a year for prioritised economic sectors, such as small and medium domestic businesses. Financial expert Nguyen Tri Hieu answered Viet Nam News questions on the...
While many enterprises welcome the idea of establishing a stock exchange for start-up businesses, they also expressed concerned about the feasibility of such an exchange.
Domestic firms have taken the first measures in an effort to adapt to
the State Bank of Viet Nam (SBV)''s new regulation on tightening foreign
currency credit.