Vietnam seeks to accelerate digital banking development Business

Vietnam seeks to accelerate digital banking development

“Vietnam needs to focus on restructuring the economy, promoting digitalisation and internationalisation following the COVID-19 pandemic because these are important to industrial development and sustainable development of the national economy and enterprises”, said an economic expert.
Banks aid 318,000 COVID-19 affected borrowers Business

Banks aid 318,000 COVID-19 affected borrowers

Commercial banks cut interest rates on 980 trillion VND (42.6 billion USD) worth of loans to support 318,000 COVID-19 affected individual and corporate borrowers by the end of April, the latest data from the State Bank of Vietnam (SBV) showed.
Vietnam prioritises developing domestic market Business

Vietnam prioritises developing domestic market

Vietnam is giving priority to developing the domestic market as the risk of COVID-19 gradually falls, Deputy Minister of Planning and Investment Tran Quoc Phuong said at a press conference after the regular Government meeting on May 5.