Central bank warns of NPLs from transport projects Business

Central bank warns of NPLs from transport projects

The State Bank of Vietnam (SBV) has said it would continue to direct credit institutions to strictly control credit in potentially-risky areas such as real estate and securities, especially Build-Operate-Transfer (BOT) and Build-Transfer (BT) transport projects.
HCM City slow to finish renovation of old tenements Society

HCM City slow to finish renovation of old tenements

Three years after a five-year plan to renovate half of the 476 old tenements was announced by Ho Chi Minh City’s authorities, only a fraction of them have been refurbished or rebuilt, causing suffering to many people living in them.