vinfast targets family offices eyes alternative assets for growth

VinFast targets family offices, eyes alternative assets for growth

VinFast, the electric vehicle (EV) arm of Vietnam's Vingroup, is actively courting family offices and the alternative assets sector in an effort to diversify its investment base, according to DealStreetAsia.
australia us india and japan in talks to establish alternative to chinas belt and road initiative

Australia, US, India and Japan in talks to establish alternative to China's Belt and Road initiative

SYDNEY: Australia, the United States, India and Japan are talking about establishing a joint regional infrastructure scheme as an alternative to China's multibillion-dollar Belt and Road Initiative, in an attempt to counter Beijing's spreading influence, the Australian Financial Review reported on Monday (Feb 19), citing a senior US official.
stubborn lending rates

Stubborn lending rates

Enterprises still want lower lending rates, but banks have little room to manoeuvre because of the need to control inflation.
banks reinvigorate lending

Banks reinvigorate lending

Stoking up personal lending is one way for banks to boost credit growth.
hsbc reduces lending

HSBC reduces lending

HSBC has significantly reduced borrowing costs for secured lending.
black mark for banks lending

Black mark for banks’ lending

Bad debts are hurting banks’ ambitions. State Bank statistics show that local banking sector’s bad debts made up 3.04 per cent in total outstanding loans by the end of July 2011 against 2.16 per cent in late 2010.
dollar lending spells trouble

Dollar lending spells trouble

Soaring dollar lending in the first half of 2011 is hurting the economy, Banking Institute’s financial expert Dr. Pham Tien Dat tells VIR.
us dollar lending back in fashion

US dollar lending back in fashion

Dollar lending has sharply risen  in recent months in the face of high dong lending rates and a stable exchange rate.
non bank lending an emerging solution

Non-bank lending an emerging solution

Non-deposit-taking lenders are becoming an optimal solution for smaller enterprises that cannot access bank loans, as well as a crucial factor to improve the supply chain in Vietnam.
high end lending in higher demand

High-end lending in higher demand

The young and increasingly affluent population of Vietnam has been spurring great demand for quality wealth advisory services and financial solutions, with a number of banks aiming to support their customers to thrive during both planned and unanticipated moments in life.
new regulations on lending for outbound investment

New regulations on lending for outbound investment

The lending rates should  be agreed between lenders and customers (investors) but shall not exceed 70pc of the customers' offshore investment capital.
forex lending to continue next year

Forex lending to continue next year

The State Bank of Viet Nam (SBV) is drafting a new circular on foreign currency lending, allowing credit institutions and foreign bank branches to extend loans to some borrowers in 2019 instead of cutting them off at the end of this year as planned.
new ban on gold deposits and lending

New ban on gold deposits and lending

The State Bank of Vietnam (SBV) has issued a circular requesting an end to gold deposits and lending beginning May 1.
banks tighten lending rules

Banks tighten lending rules

Many commercial banks in the country have increased loan interest rates by 1-2 per cent to investors in real estate as property prices continue to rise.
real estate lending risks

Real estate lending risks

The availability of credit is an important factor affecting the real estate sector. While the Vietnamese real estate market continues on a positive uptrend, the government has enacted a number of measures through Circular No.06/2016/TT-NHNN and Circular No.19/2017/TT-NHNN designed to prevent excess from building up. Before evaluating the recent measures, it is useful to understand them in the context of Vietnam’s historical real estate issues.