Government takes bold measures to ensure safety of finance system Business

Government takes bold measures to ensure safety of finance system

Poorly-performing State-owned people’s credit funds – a type of credit institution focusing on people in rural areas to help them escape poverty and avoid dependence on loan sharks – will be merged, acquired or dissolved to ensure the safety of the country’s finance and banking system.
Better performance forecast for banks in H2 Business

Better performance forecast for banks in H2

Business performance at commercial banks is forecast to continue its upwards trend this quarter after making some improvements in the first half of the year, a State Bank of Vietnam (SBV) survey said.