VIB to make preferential loans to exporters
A credit agreement was signed between the Viet Nam International Bank (VIB) and the Netherlands Development Finance Company (FMO). Under the agreement, FMO will provide VIB with preferential credit resources through the Asia Development Bank (ADB) ‘s global trade assistance programme. The money will be lent to import-export firms.
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No one can say for sure that commercial banks would accept the loan interest rate of 15 percent per annum to be applied for the old debts, even though this is the...
Government inspectors successfully recovered VND1.5 trillion ($73.3 million) of wrongfully-spent State funds in the second quarter of this year, and they have asked...
Vietnam's bad debt rose to 8.6 percent of total loans in the banking system at the end of March, doubling the previously published figures, as businesses faced many...
Many commercial banks announced on Wednesday that as per a State Bank of Vietnam directive they will reduce interest rates on old loans to 15 percent a year from...
The banking sector has set a target of reaching credit growth of between 8 and 10 per cent by the year-end, with a monthly average of 1.5 or 1.7 per cent, according...
The Ministry of Finance expected 190,000-200,000 enterprises nationwide to declare taxes electronically by the end of this year, but obstacles were making it hard...
Fitch Ratings has affirmed Vietnam Bank for Agriculture and Rural Development's (Agribank) Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'B'. The...
Under Article 5.8 of the Law on Value-Added Tax, lending and other credit services are not subject to VAT. Decree No 121/2011/ND-CP of December 2011, in Article...
A major conference will be held soon in which banks will describe their lending conditions, including preferential measures, to enterprises that need access to bank...
Leading economists yesterday discussed ways of dealing with the banking sector's high bad-debt ratio of 10 per cent caused mainly by the collapse of 26,000...
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Stock market - Finance portal, Vietstock was first found on August 2nd, 2002 with the mission of providing and updating the most accurate information and data supporting stocks investors with the thorough look, thus building confidence in their own decision making.
81/10B Ho Van Hue Street, Ward 9,
Phu Nhuan district, HCM City, VN
Stock market - Finance portal, Vietstock was first found on August 2nd, 2002 with the mission of providing and updating the most accurate information and data supporting stocks investors with the thorough look, thus building confidence in their own decision making.
81/10B Ho Van Hue Street, Ward 9,
Phu Nhuan district, HCM City, VN
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