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Update news foreign currency loans
Commercial banks will no longer allow the provision of mid- and long-term foreign currency loans for offshore payments of imported goods and services from September 30 this year.
Commercial banks will no longer allow the provision of mid- and long-term foreign currency loans for offshore payments of imported goods and services from September 30 this year.
VietNamNet Bridge – A decision by Fitch Ratings has resulted in a revision of its outlook on Vietnam’s long-term credit rating to positive from stable, affirming its B+ rating.
VietNamNet Bridge – Commercial banks’ coffers have been filled with foreign currencies which cannot be disbursed because of the lack borrowers, even though it is now the high season.