Vietnam has continued to be excluded from the US Department of the Treasury’s monitoring list of currency manipulators in its latest report on macro-economic and foreign exchange policies of major trading partners of the US.
Banks in Vietnam are now very keen to tie up with financially strong foreign partners to increase their capital, especially in the current situation where capital flow is limited to small deposits and people are holding on to their savings.
Vietnam State Bank (SBV) – HCMC Branch yesterday sent a dispatch to credit organizations and branches of foreign banks in the city as to extending debt payment deadline and maintaining debt groups in compliance with its Circular No.02/2023.
The Government is focused on removing difficulties and obstacles for the capital market in 2023. It wants to remove obstacles in cash flow, support businesses, and improve competitiveness to boost the economy.
Developers of social housing projects and buyers of this kind of house are entitled to benefit from a credit package worth VND120 trillion (US$5.1 billion) which was started by the State Bank of Vietnam (SBV) earlier this month.