lending rates

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Techcombank offers $1.28-billion package to supports firms

The Vietnam Technological and Commercial Joint Stock Bank (Techcombank) has announced a 30 trillion VND (over $1.28 billion) credit package to support its customers to overcome difficulties amid the COVID-19 pandemic.

BUSINESS IN BRIEF 4/8

 Jan-Jul auto, part imports put at US$3.4 billion, Local leader at Hong Leong Bank Vietnam steps down, New tra fish development scheme sought, Hanoi finds investors for supermarket projects, Bank credit outpaces deposits, lending rates

BUSINESS IN BRIEF 14/4

 Vietinbank may acquire Petrolimex's PGBank; More border gates benefit from tax breaks; Ministry wants new housing projects stopped; Ariston Thermo opens new plant in Bac Ninh; Toyota to recall 42,772 vehicles

Loans still beyond reach of enterprises

VietNamNet Bridge – Enterprises still find it difficult to access bank loans due to sky-high lending rates and low confidence of lenders in them, heard a meeting between the HCMC authorities and businessmen on Tuesday.