The Tay Nguyen (Central Highlands) region has replaced 118,202ha of old coffee trees by planting new ones or grafting old coffee trees with young sprouts to improve yield since 2014, or 98.5 percent of the total area to be replanted in 2014-2020.
Vietnam’s credit growth is slowing and can fall behind the central bank’s target of 14 percent for 2019, causing concerns that it could make it difficult for businesses to access bank loans during the remaining months of the year.
Local shrimp-breeding enterprises have mobilised investment from various sources to expand production in an aim to attract partners from shrimp supply chains from around the world.
Domestic investors find it hard to carry out the North-South expressway project, and they are waiting for the Government and the State Bank of Vietnam to remove capital bottlenecks.
The market capitalisation has grown rapidly since 2016, by nearly 70 percent in 2016, 90 percent in 2017 and 28 percent in 2018, about 62.7 percent each year on average during the 2016 – 2018 period.
A number of food companies based in Ho Chi Minh City are planning to relocate their manufacturing facilities to neighbouring provinces for various reasons including cost.
Over the years, commercial banks have offered various promotion programmes for businesses, especially those in five prioritized sectors with the preferential interest rate of 6-6.5 percent per year.
A total of 117 trillion VND (5.03 billion USD) worth of corporate bond notes were raised in the first eight months of 2019, according to SSI Securities Corporation’s research unit.
Credit for social policy beneficiaries has contributed significantly to narrowing the gap between the rich and the poor, reducing unemployment rate, and developing local economy.
A proposed project for sustainable fisheries development was discussed at a conference held by the Ministry of Agriculture and Rural Development on August 5.
Bond issuance is becoming an ideal channel for real estate firms to raise capital as credit policies for property development are gradually being tightened, experts said.
The mechanical engineering industry needs supportive policies from the Government to enhance its competitiveness during the fourth industrial revolution, officials and industry experts have said.
The banking sector reported a credit growth of 7.33 percent in the first half of this year compared to the end of 2018, Governor of the State Bank of Vietnam (SBV) Le Minh Hung said.
Vietnam is making concerted efforts to improve the quality of information disclosure and transparency of corporate bond issues and listings to develop a healthy bond market and reduce risks for investors.
Developing the transport network in the south needs closer regional linkages and solutions to respond to climate change threats, Duong Nhu Hung of the Ho Chi Minh City University of Technology has said.
The State Bank of Vietnam (SBV) and credit institutions are set to augment efforts in the coming time so as to promote people and businesses’ access to credit.
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