still tough times for food businesses

Still tough times for food businesses

High interest rates, difficult access to capital sources, and supply and demand threats all hinder the rebound efforts of businesses, including those in the food sector.
credit growth slowing down raising fear of business contraction

Credit growth slowing down, raising fear of business contraction

Credit growth in the first months of this year slowed significantly due to high interest rates and firms’ poor health, raising concerns about rising bad debts.
ma activity likely ahead within real estate sector

M&A activity likely ahead within real estate sector

With lower cash flow, bonds tightened, and interest rates hiked, mergers and acquisitions are being considered an effective solution to help real estate businesses in difficulty.
textile and apparel firms struggling amid interest woes

Textile and apparel firms struggling amid interest woes

Many textile and apparel firms have had to postpone investment and expansion plans in the face of soaring interest rates, high production costs and dwindling order intake.
interest rate pressures to remain for the foreseeable

Interest rate pressures to remain for the foreseeable

High interest rates are causing major issues for businesses, hindering cash flow for production and investment.
mb pioneers cutting 1 per cent from lending interest rates for corporate clients

MB pioneers cutting 1 per cent from lending interest rates for corporate clients

In this challenging economic climate, Vietnamese businesses are concerned over rising interest rates, which could hamper their cash flow and profits. In response, Military Commercial Joint Stock Bank (MB) is cutting 1 per cent from its lending rates for businesses reporting less than VND100 billion ($4.3 million) in sales.
high interest rates compound business woes

High interest rates compound business woes

Businesses face mounting hardships due to the spike in interest rates, leading to shrinking results and significantly diminished production, as banks are called upon to show more sympathy to businesses.
real estate developers propose solutions to avoid obstacles

Real estate developers propose solutions to avoid obstacles

More than 20 leading real estate enterprises have participated and given their recommendations at the Real Estate Credit Conference held by the State Bank of Vietnam on February 8, focusing on current hot issues such as access to capital, interest rates, and legal obstacles.
banks urged to reduce costs to cope with nim drops

Banks urged to reduce costs to cope with NIM drops

To ensure net interest margin (NIM), banks are often choosing to raise output interest rates for borrowers but reduce the ability to fulfill debt obligations, while the central bank has also requested cuts in admin and expenses.
pressure on to support new economic growth

Pressure on to support new economic growth

As the US Federal Reserve raised its benchmark interest rates by a quarter point to bring down inflation rate despite its recent signs of slowing and giving no real hint of a pause in hikes, the cycle is predicted to continue to run.
ecb hikes rates again vows more in march

ECB hikes rates again, vows more in March

The European Central Bank raised interest rates again Thursday and signalled it would "stay the course" with an identical hike next month, even as the outlook in the eurozone brightens.
pre pandemic rise felt with interest rate movements

Pre-pandemic rise felt with interest rate movements

After a tumultuous year in 2022 with VND interest rates continuously increasing, it is expected that a sideways trend will prevail in 2023.
flexibility headlines finance for 2022

Flexibility headlines finance for 2022

Interest rates, exchange rates, and credit growth were the focus of a volatile 2022, and more complexities are forecast for the following 12 months.
vietnam in 2023 facing a recession or a rebound

Vietnam in 2023: Facing a recession or a rebound?

Vietnam will once again face an uncertain world economy in 2023: high inflation will hurt the real incomes of consumers and depress retail sales in many countries, rising interest rates will cool down housing markets, and property developers will postpone new housing construction, China’s difficult exit from the pandemic will impair growth in the short term; and geopolitical tensions will induce more volatility in energy, food, and financial markets.
most important priority in 2023 to ensure liquidity

Most important priority in 2023 to ensure liquidity

Nguyen Thi Hong, Governor of the State Bank of Vietnam (SBV), affirmed that the highest priority of monetary policy in 2023 was to ensure liquidity and maintain the stability in the banking system.