A concessional loan worth 70 million EUR (81 million USD) without government guarantee for the expanded Hoa Binh Hydropower Plant Project was inked on November 10 between the Vietnam Electricity (EVN) group and the French Development Agency (AFD).
The Vietnam Technological and Commercial Joint Stock Bank (Techcombank) has successfully concluded its largest ever offshore syndicated loan facility at 800 million USD, a record size and landmark structure among Vietnamese banks.
Vietnam Prosperity Joint Stock Commercial Bank (VPBank) on October 27 signed a 200 million USD loan fund with Sumitomo Mitsui Banking Corporation (SMBC).
The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) has unveiled an online preferential credit package of 5 trillion VND (220 million USD) with an interest rate of only 4.99 percent.
The Asian Development Bank (ADB) has approved a policy-based loan of 400 million USD to help the Philippines improve local governments' capacity to provide high-quality public services, especially during the COVID-19 pandemic.
Personal debt among young adults in Singapore has been rising during the COVID-19 pandemic, and the situation could worsen once interest rates start to rise.
The Asian Infrastructure Investment Bank (AIIB) has begun disbursing the 310 million USD loan, which was approved in February 2021, for the Indonesia national power company PT PLN.
From now until the end of the year, the State Bank of Vietnam will review and consider revising credit growth targets for credit institutions and priority is expected to be given to those that reduce loan interest rates.
Cambodia's banking industry enjoyed strong growth in both loans and deposits in the first half of 2021 despite the COVID-19 pandemic, according to the National Bank of Cambodia (NBC), the country's central bank.
Singapore’s support package to help companies and workers affected by the period of heightened alert is expected to cost 1.2 billion SGD (900 million USD), with the amount covered through the reallocation of funds, said Finance Minister Lawrence Wong in the Parliament on July 5.
The World Bank's Board of Executive Directors on June 16 approved a 800-million-USD loan to support reforms of Indonesia's investment and trade policies and to help accelerate the country's economic recovery and transformation.
Only 7.5 percent of official development assistance (ODA) and foreign loans have been disbursed since the beginning of the year according to the Ministry of Finance (MoF).
As of June 10, ministries and sectors had disbursed 1.253 trillion VND (54.6 million USD) of the public investment capital funded by foreign sources and planned for 2021, equivalent to only 7.53 percent of the year’s target.
Only 7.5 percent of official development assistance (ODA) and foreign loans have been disbursed since the beginning of the year according to the Ministry of Finance (MoF).
The House of Representatives of Thailand on June 10 approved a decree allowing the government to borrow 500 billion THB (16 billion USD) for responding to the third infection wave of COVID-19.
The Asian Development Bank (ADB) signed a 116-million-USD green loan with three Vietnamese firms to finance the construction and operation of three 48-megawatt (MW) wind farms, totaling 144 MW, in the central province of Quang Tri.
The Government has approved a plan to invest an additional 6.977 trillion VND (303.2 million USD) in State capital in the Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) so as to maintain the State’s ownership percentage at this bank.
Thailand on May 19 reported 3,394 new COVID-19 cases, raising the national count to 116,949; and 29 related fatalities, bringing the death toll to 678.
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