A report tabled at a recent meeting showed that only 10.3 percent of the funds earmarked for this year, or 3.48 trillion VND (149.3 million USD), had been disbursed in the first quarter, much lower than in other localities in the Southern Key Economic Region and putting it among localities with the country’s lowest disbursement rates. … [Read more...] about BUSINESS NEWS HEADLINES MAY 24
Low cost business loans
The cuts came amid bank credit growth in the first quarter of only 1.1 per cent compared to 2.28 per cent in the same period last year as many businesses scaled down or stopped operations, experts said. … [Read more...] about VN ready to be world’s factory, bus is the world?
Due to the negative impact of the Covid-19 pandemic, supplies in the real estate market, especially in the two big cities of Hanoi and HCMC, in Q1 continued to slide against Q4, 2019. They were also the lowest Q1 supplies over the past five years - PHOTO: THANH HOA Heavy debts and tightened credits plus sales slump due to the Covid-19 pandemic will soon expose the Achilles’ heel of many financially weak real estate enterprises. Here is why. … [Read more...] about Covid-19: A test for realtors