Banking & Finance
PM issues Dispatch on increasing credit to year’s-end
Move must ensure sufficient credit capital for the economy and secure the system of credit institutions.
Banking & Finance
Remittances expected to soar by year’s-end
Vietnam is among the top 10 countries receiving remittances, exceeding $10 billion a year, with growth in 2023 to be significant.
Banking & Finance
Hai Phong cuts 30% of land rental fees for businesses at EZ
Northern port city has attracted 511 FDI projects to date to EZs and IPs.
SBV, ADB & Switzerland fostering financial inclusion
$5 million program launched on October 25 to enhance financial inclusion in Vietnam through fintech.
9M overseas remittances to HCMC exceed all of 2022
Remittances to southern city in the first nine months up 40 per cent year-on-year.
Outstanding real estate loans at $41bln
A host of measures have been adopted to boost capital absorption.
Public debt to stand at $154bln by end-2023
National external debt at 39-40 per cent of GDP, down from 42.7 per cent in 2021.
Government to continue with 2% credit support
Total support estimated at $32.5 million as of August.
Timo’s pioneering journey driving digital banking in Vietnam
Mr. Jonas Eichhorst, CEO of Timo Digital Bank, tells VET about its mission to elevate customer lives and become a valuable partner on their journey to financial freedom.