It is undeniable that adopting environment, society and governance (ESG) principles is helping local companies improve business management and attract more foreign capital.
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.
The State Bank of Vietnam (SBV) has warned Vietnamese credit institutions and foreign banks in the country to be cautious before working with peer-to-peer (P2P) lending companies as there are many risks related to the service.
Credit growth in the next three to five years is forecast to be around 14 percent per year, lower than the average rate of 18.1 percent in the 2015-17 period.
Business
