Five companies have so far been granted certificates to provide credit rating services, with charter capital ranging from VNĐ26.875 billion to VNĐ194.64 billion.
Small loans will be capped at VNĐ200 million for people''s credit funds and VNĐ400 million for all other credit institutions, from the current maximum of VNĐ100 million.
Việt Nam has completed preparations to launch its first domestic carbon exchange on June 29, marking a key step in the country''s efforts to develop a carbon market and support its greenhouse gas emissions reduction commitments.
Việt Nam should simplify certification requirements for green projects and build a digital data platform for environmental data to help small and medium-sized enterprises (SMEs) access green loans, experts said at a conference on June 23.
The State Bank of Việt Nam (SBV) has allowed commercial banks to exclude newly extended loans to 18 major projects developed by Vingroup, Sun Group and Masterise from annual credit growth quotas, in a move to facilitate financing for large-scale...
Draft amendments to the Law on Support for Small- and Medium-Sized Enterprises aim to reduce SMEs’ dependence on collateral-backed borrowing and encourage banks to assess borrowers based on business performance, transaction data, cash flow and value chains.
The General Council of Agriculture and Rural Development of Việt Nam on May 22 launched a programme to rate the credibility of agricultural businesses and entrepreneurs to improve access to finance for the farming sector.
Việt Nam has registered more than 300 carbon credit projects and programmes, with around 150 initiatives already issued more than 40 million carbon credits.
In the coming period, the SBV will adjust interest rate policy in line with macroeconomic conditions and inflation trends, and require credit institutions to publicly disclose lending rates to improve transparency.
While the Government aims for an investment-grade rating by 2030, we believe it can be achieved sooner since Việt Nam already meets most quantitative criteria and only needs to address a limited set of qualitative issues.
Directive 01/CT-NHNN sets a 4.5 per cent inflation goal and targets around 15 per cent credit growth to safeguard macro stability and sustainable growth.
Total outstanding loans of credit institutions in HCM City were estimated at VNĐ5.08 quadrillion (US$193.1 billion) as of December 31 this year, up 0.95 per cent from November and 13.5 per cent compared with the end of 2024, according to...