November 17, 2021 | 15:51

Covid-19 adds risk on business loans

An Nhiên

Covid-19 has increased the risk of default for businesses mobilizing capital at high interest rates but without a clear or viable business plan. Many types of bonds issued in Vietnam lack a credit rating, and some are not backed by collateral or have a pay guarantee.

Covid-19 adds risk on business loans
Photo: Illustration
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The original article is written and published on VnEconomy in Vietnamese, then translated into English by Askonomy – an AI platform developed by Vietnam Economic Times/VnEconomy – and published on En-VnEconomy. To read the full article, please use the Google Translate tool below to translate the content into your preferred language.
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