Preferential loans for 15 HCM City firms Business

Preferential loans for 15 HCM City firms

Fifteen companies situated in HCM City's processing zones and industrial parks have got total bank loans of nearly 1.2 trillion VND (54 million USD) at preferential interest rates.
Property firms help Vietnamese markets rise Business

Property firms help Vietnamese markets rise

Vietnamese shares struggled to stay positive for a fourth day on both local exchanges as property firms made gains on the central bank’s proposal to extend the housing stimulus package.
30 trillion VND housing stimulus to be extended Business

30 trillion VND housing stimulus to be extended

Prime Minister Nguyen Tan Dung has approved the State Bank of Vietnam’s (SBV) proposal to extend the 30 trillion VND (1.3 billion USD) housing stimulus package until disbursement of all associated fun
Forum seeks end to loan sharks Business

Forum seeks end to loan sharks

Demand for consumer credit is growing strongly and it is time to eradicate private money lending, a round table on financial issues heard in Ho Chi Minh City on October 20.
Society

Quang Binh fishermen given shipbuilding loans

A branch of the Bank for Investment and Development of Vietnam (BIDV) based in the central coastal province of Quang Binh will offer shipbuilding and upgrading loans worth over 33.7 billion VND (1.6 million USD) to two local fishermen and one company.
Society

Over 7.8 mln USD for Central Highlands social security

Over 170 billion VND (7.82 million USD), including 100 billion VND (4.6 million USD) from bank donations, was raised for social welfare activities in the Central Highlands region during an arts performance programme held in Da Lat city, Lam Dong province on May 17.
Business

Vietnam helps Laos develop infrastructure

The Commercial Bank for Investment and Development of Vietnam (BIDV) sealed credit contracts to provide roughly 147 million USD for the construction of two infrastructure projects in Laos.