Recent loan defaults within the education sector have raised concerns about the legality of certain financial practices, prompting calls for stricter sanctions and tighter management of capital mobilisation activities at educational institutions.
Vietnam’s benchmark VN-Index is forecast to reach 1,300 points in 2024 on the back of low deposit interest rates at commercial banks, says leading broker Vietcombank Securities (VCBS).
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Real estate businesses are tackling new challenges head on by extending debt, converting loan packages with new interest rates, and paying bonds with real estate.