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Firms struggle with labour shortage due to the COVID-19 pandemic
vietnamnet.vn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vietnamnet.vn Daily Mail and Mail on Sunday newspapers.
Hotels up for sale as tourism market struggles due to pandemic
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Businesses ask banks to ease interest rates as promised Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công
15/07/2021 06:00 GMT+7
Bank loan interest rates are becoming a heavy burden on businesses, which have been hit hard by Covid-19 for more than a year.
State Bank of Vietnam Deputy Governor Dao Minh Tu at a recent conference asked four state-owned banks and 12 joint stock banks to continue easing lending interest rates for existing loans in July.
The Vietnam Young Entrepreneurs’ Association has asked the Prime Minister for help, saying that the pandemic has seriously affected their production and business activities.
Banks make huge profits, hope interest rate reductions are far off Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công
13/07/2021 10:00 GMT+7
Banks have reported huge profits for Q2 and H1 due to high credit growth rates and lending interest rates, while capital mobilization cost has been low.
SSI Research has released a report estimating the business results in Q2 of 33 listed companies. Most of the banks mentioned in the reports made high profits.
The banks with the biggest profits include VietinBank, Vietcombank, BIDV, Maritime Bank (MSB), Techcombank, ACB, HDBank, TP Bank, Military Bank and VIB.
Solutions proposed to handle bad debts amid COVID-19 pandemic
vietnamnet.vn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vietnamnet.vn Daily Mail and Mail on Sunday newspapers.