Tourists stand on "The Huc" Bridge, which leads to Ngoc Son Temple on Hoan Kiem Lake in Hanoi (Photo: VNA)

Hanoi ranks in top 10 fastest growing tourism cities

The 2017 Global Destinations Cities Index produced by credit card company Mastercard said foreign arrivals in the city grew at 16.4 percent between 2009 and 2016, the fastest after Osaka, Chengdu, Colombo, Abu Dhabi, Jakarta and Tokyo.
VAMC buys nearly VND21 trillion deep debts

VAMC buys nearly VND21 trillion deep debts

Vietnam Asset Management Company (VAMC) purchased VND20,995 billion (US$924 million) of deep debts from credit institutions during the first nine months this year with the price of VND20,619 billion.
At the opening ceremony (Photo: SGGP)

CEP continues to accompany with poor people

The capital aid fund for employment of the poor under the Labor Union’s management yesterday changed its name as non-profit Vietnamese microfinance institution and working models
 
City’s credit balances up 10.92 percent

City’s credit balances up 10.92 percent

The Ho Chi Minh City Statistics Office reported that total credit outstanding balance in Ho Chi Minh city reached VND 1.63 million, an increase of 19.8 percent compared to the same period of last year and 10.92 percent over December, 2016. 
HoREA petitions the State Bank of Vietnam to offer housing credit stimulus package to directly support buyers of social and commercial houses with the price of VND1 billion (Photo: SGGP)

HoREA petitions to support low-income buyers

The Ho Chi Minh City Real Estate Association (HoREA) petitioned the State Bank of Vietnam to offer housing credit stimulus package to directly support buyers of social and commercial houses with the price of VND1 billion ($43,986).
 
 (Photo: Sacombank)

Sacombank settles over VND2.52 trillion deep debt

Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) yesterday said that it handled VND2,520 billion(US$111 million) of bad debt and set aside VND5,044 billion ($222 million) for credit risk provision in the first seven months this year.
The central bank on Friday held an online conference to prepare for the implementation of the scheme to settle non-performing loans (NPL) and restructure credit institutions in the 2016-20 period. (Photo: vietcombank.com.vn)

SBV prepares bad debt settlement plan

The central bank on Friday held an online conference to prepare for the implementation of the scheme to settle non-performing loans (NPL) and restructure credit institutions in the 2016-20 period.
 
A high-tech nursery in Lam Dong Province. (Photo: VNA/VNS)

Hi-tech agriculture needs better credit policies

Better credit policies and higher consumption of farming products are necessary to ensure efficient use of funds borrowed for high-tech agricultural projects, experts said at a seminar in Hanoi yesterday.
Vietnamese farmers on a corn field (Illustrative image - Source: VNA)

WB aids poverty alleviation program for ethnic groups

The Board of Executive Directors of the World Bank (WB) on June 29 has approved a preferential credit package worth $153 million for Vietnam’s national program on poverty reduction and rural development.