Banking & Finance
Central bank raises credit growth quota to support economic development
As of July 28, total outstanding loans increased 9.64% compared to the end of last year.
Banking & Finance
Corporate bond market key to financing Vietnam’s $245 bln infrastructure plan: VIS Rating
Private investment has become one of key growth drivers.
Banking & Finance
Vietnam celebrates 25th anniversary of stock market
From just two companies and a market capitalization of only 0.2% of GDP at inception, the capital market now accounts for nearly 100% of GDP.
Nearly $15 bln of public investment capital disbursed in 7M
The figure equal to 39.5% of the annual plan.
CPI increases 3.26% in 7M
The growth was driven primarily by higher costs in housing repairs, food, and dining services.
ADB, Thu Dau Mot Water Sign Deal for Water Expansion Project
Under the agreement, the Asian Development Bank will provide a $6-million loan to expand the Bau Bang water treatment plant in Ho Chi Minh City.
Financial leasing encouraged for green growth
Mr. Nguyen Thieu Son, CEO of BIDV-SuMi TRUST Leasing (BSL), tells Vietnam Economic Times / VnEconomy how financial leasing, or asset leasing, can drive green growth and empower SMEs in Vietnam’s new development phase.
Resources to be mobilized for establishment of International Finance Center
At a conference on August 2, Prime Minister Pham Minh Chinh highlighted that the IFC will play a role in elevating Vietnam’s position in the global value chain of finance, investment and high-end services.
VPBank secures landmark $350 million deal to drive sustainable development
VPBank partners with global development institutions, including SMBC, BII, EFA, FinDev Canada, and JICA, in a landmark loan to fund Vietnam’s green future.