Business

Vietcombank lowers this-year profit target

Vietcombank shareholders on April 19 approved a lower profit target for the year, cutting the bank’s estimated take this year by 10 percent from earlier forecasts to 4.5 trillion VND (236.84 million USD).
Business

Gov't improves unsecured loan eligibility for farmers

Farmers will be allowed to borrow up to 500 million VND (26,300 USD) without collateral, five times higher than the current limits, according to a Government decree on credit regulations intended to raise agricultural and forestry production.