The domestic agriculture sector is in need of solutions to optimise capital and science and technology, thus raising productivity, quality, and value in service of both domestic and foreign markets, the fifth national farmers’ forum held in Hanoi on October 13 heard.
Technological advances, preferential credit policies and pricing incentives have set the stage for solar rooftop energy to become the next big thing in clean energy in Vietnam, according to industry insiders.
Nine years after the issuance of a Government decision that set out preferential credit policies to provide more financial support for Vietnamese firms in the supporting industry, few have been able to make use of said policies, industry insiders have said.
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.
Vietnam’s real estate market will likely remain stagnant this year, unlike in 2017 when price increases were rampant in popular spots around the country, predicted deputy head of the Department of Housing and Real Estate Management Nguyen Manh Khoi.
Prime Minister Nguyen Xuan Phuc had meetings with representatives from leading infrastructure and financial enterprises of Japan on October 9 as part of his activities on the sidelines of the 10th Mekong-Japan Summit in Tokyo.
Ho Chi Minh City has provided preferential loans for more than 1.3 million poor households and social welfare beneficiaries from the Vietnam Bank for Social Policies (VBSP) branch in the city.
Over 30 million poor households and other welfare beneficiaries have accessed soft loans from the Vietnam Bank for Social Policies (VBSP) as of the end of August 2017, according to the VBSP.
Better credit policies and higher consumption of farming products are necessary to ensure efficient use of funds borrowed for hi-tech agricultural projects, experts said at a seminar in Hanoi on July 4.
The Government has issued a resolution on its May meeting, requesting ministries, agencies and localities to be determined in actions to achieve the set targets.
Credits provided by banks have generally met the capital demand of businesses, cooperatives and farm households to produce, sell, process and export coffee.
State Bank of Vietnam (SBV) Governor Nguyen Van Binh on February 17 asked credit institutions to boost lending right after Tet (Lunar New Year) in a move to support businesses.
Government-enacted credit policies dedicated to impoverished families nationwide had given preferential loans worth over 38.4 trillion VND (1.71 billion USD) to more than 1.8 million needy households
Gold opportunities as well as simultaneous tremendous challenges will be brought to Vietnamese businesses when free trade agreements (FTAs) come into effect.
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