Lenders give nod to rate cuts to help out

Lenders give nod to rate cuts to help out

Commercial banks have agreed to slash additional interest rates as they sought to help reignite Vietnam’s economy and support vulnerable businesses and individuals...
Vingroup covers bases with expansion

Vingroup covers bases with expansion

VinFast – Vietnam’s first fully-fledged domestic carmaker and an integral part of conglomerate Vingroup – wants in on the American dream, the Vingroup chairman proclaimed at its latest shareholders’ meeting, while other Vingroup subsidiaries are also looking to further dominate in everything from real estate to biotechnology.
Caution urged for SME fund processes

Caution urged for SME fund processes

With many small- and medium-sized enterprises having difficulties accessing financial resources to improve their capability, the Small- and Medium-sized Enterprises Development Fund under the Ministry of Planning and Investment is aiming to meet their greater financing needs.
Specialist loans to jack up SME growth

Specialist loans to jack up SME growth

Small- and medium-sized enterprises in Vietnam looking to develop new capabilities will now get a leg-up from business loans provided by Military Bank, Saigon-Hanoi Commercial Joint Stock Bank, and BAC A BANK.
Amazon welcomes Vietnamese traders, but will not come to Vietnam

Amazon welcomes Vietnamese traders, but will not come to Vietnam

Amazon's representative expressed no intention to expand to Vietnam as a retailer, despite widespread ruomours to the contrary.