Government improves capital mobilization structure
10:39 | 23/10/2018 Finance - Banking
(VEN) - Vietnam’s public debt stood at 61.37 percent of the gross domestic product (GDP) at the end of 2017 and government debt hit 51.8 percent of GDP, according to a report by the Ministry of Planning and Investment on management and use of government loans.
Vinfast signs US$950 million agreement for machinery
16:45 | 12/10/2018 Finance - Banking
VinFast Trading and Production Limited Liability Company (VinFast) has entered into a US$950 million financing agreement guaranteed by Euler Hermes and the German Export Credit Agency (ECA) to support the country’s first automotive and motorcycle manufacturing complex, Vinfast announced in its press release.
Tightened monetary policy forecast for Q4 2018
16:13 | 11/10/2018 Finance - Banking
The State Bank of Vietnam (SBV) will likely continue its tightened monetary policy in the remaining months of the year after its decision to strictly control lending to high risk sectors in the third quarter didn’t adversely affect the country’s economic growth, according to experts.