Deputy Minister of Finance Trần Quốc Phương called on AIIB to provide more information about its financing conditions, procedures and experience in implementing projects in other countries so that the ministry could share this with relevant agencies and localities.
The project will be rolled out in Kỳ Sơn, Tân Hòa, Thống Nhất and Thung Nai communes and wards, with an estimated implementation period of six years from the loan agreement''s effective date, during 2028–2034.
Việt Nam’s efforts to lower borrowing costs are facing growing pressure from strong demand for credit, rising deposit rates, inflation and currency-market uncertainty, complicating the Government’s goal of sustaining economic growth of 10 per cent or more.
Việt Nam and the World Bank Group (WBG) have agreed to strengthen cooperation in preparation for APEC 2027, with a focus on policy priorities, support for micro-, small- and medium-sized enterprises (MSMEs) and technical assistance.
Việt Nam and the World Bank Group (WBG) have agreed to strengthen cooperation in preparation for APEC 2027, with a focus on policy priorities, support for micro-, small- and medium-sized enterprises (MSMEs) and technical assistance.
According to the State Bank of Vietnam (SBV)’s Regional Branch 2, remittances transferred to HCM City through credit institutions and economic organisations totalled US$2.835 billion in Q3, an increase of more than $802 million from Q2.
Techcombank said the capital increase would strengthen its long-term financial base and support its next phase of growth, including further investment in technology and data capabilities while maintaining a solid capital buffer as operations expand.
The projects are expected to increase transmission capacity and help meet rising electricity demand in northern and southern Việt Nam, including Hà Nội, Hải Phòng, Bắc Ninh, Ninh Bình, Tây Ninh and HCM City.
Developed under a partnership between the two companies, the service aims to meet growing demand for faster and more convenient ways to receive money from overseas.
Circular 50/2026/TT-NHNN raises the maximum loan-to-deposit ratio (LDR) to 95 per cent from currently 85 per cent while introducing a phased transition towards Basel III liquidity standards.
The awards are presented annually by the two UK-based financial publications to recognise financial institutions for notable achievements and innovation.