However, CIs seem to tighten their requirements on collateral and credit ratings of customers to prevent from default risks. Funds allocated for real estate, securities, and consumer loans are among the most exposed to a variety of risks. In the first six months, CIs have met customers’ borrowing demands at a higher level than in the second half of 2019, with 88.7 per cent of CIs satisfying 75-100 per cent of loans requirements. … [Read more...] about Banks bet on consumer credit growth
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Moreover, many buyers are using corporate bonds as an alternative to cash. However, fewer dealers are willing to trade bonds in size, leading to liquidity risk. “If liquidity risk occurs, investors seeking to sell their bonds may not receive a price that reflects the true value of the bonds,” said economist Nguyen Minh Phong. … [Read more...] about Corporate bond activity welcome as market shocks persist unabated
When being asked about Mien, one of the typical poor people in the commune, people here said her family is very poor but their will is great. Her three children have pursued tertiary education with loans from the Vietnam Bank for Social Policies. The one-floor wooden house is quite old, as if it is telling a story about the situation of Mien's family. … [Read more...] about When the Party’s Directive 40 spreads in life!
In the next 10 years, the number of enterprises supported with solutions to improve productivity and quality is expected to increase by 10-15 percent per year, of which the number of certificates for ISO 9001 quality management system and ISO 14001 environmental management system granted to businesses will increase at least 10 percent compared to the 2011-20 programme. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 9
The material can be applied as highly-activated mineral additives in the production of cement, concrete, and mortar, or as a binder to reinforce weak ground. With S95, it is possible to mass produce concrete by reducing hydrothermal heat, producing heat resistant concrete due to increased thermal stability, with durability in seawater, salt water, and brackish water, due to the increased waterproofing of the concrete, preventing the erosion of chlorine and sulphate and meeting the requirement to increase the life of works at sea, on islands, and in coastal areas. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 11