HSBC expects rising housing prices to constrain the SBV’s ability to deliver any further rate cuts.
The credit facility aims to remove institutional bottlenecks to enable Vietnam’s largest city and economic powerhouse to address some of its most pressing urban governance challenges.
Vietnam's largest securities company has secured a $55-million loan from six foreign banks.
Credit growth in 2017 reaches 16.96 per cent; meanwhile, the total means of payment and capital mobilization of credit institutions increase by over 14 per cent, according to the General Statistics Office of Vietnam (GSO).
This is the result of the survey on business trends of credit institutions recently conducted by the State Bank of Vietnam.
Nearly VND33 trillion (roughly US$4.4 trillion) of loans for hi-tech agriculture have been disbursed, but the greatest obstacle hindering this capital flow has also surfaced.
Publication permit No. 348/GP-BTTTT dated July 19, 2017, granted by the Ministry of Information and Communications of the Socialist Republic of Vietnam
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