$3 bln credit package on way for HCMC businesses
Business

$3 bln credit package on way for HCMC businesses

At a conference organized by the Ho Chi Minh City Department of Industry and Trade and the State Bank of Vietnam (SBV), Ho Chi Minh City Branch, Mr. Nguyen Hoang Minh, Branch Deputy Director, said the central bank is planning to launch a program in the fourth quarter connecting banks and businesses with a credit support package of about VND70 trillion ($3 billion), to share the difficulties and challenges the city’s business community is facing.
Business

Trade surplus gets boost from foreign enterprises

Total trade turnover in the second half of September (from September 16 to September 30) reached more than $29 billion. The trade surplus for the period was $1.87 billion, partly due to strong increases in exports by FDI enterprises, which stood at $11.34 billion, up 33.2 per cent compared to the first half of September.