Vietnam Gov’t allocates US$685 million in interest subsidy scheme for 2022
The interest subsidy scheme is estimated to total VND40 trillion (US$1.76 billion) for the 2022-2023 period.
Vietnam Banking Sector
Vietnam targets 70% of population to have bank accounts in 2022
The banking sector is set to continue promoting the use of non-cash payment methods with greater convenience and safety for the public.
National Assembly greenlights extension of resolution on bad debt management
The validity extension of the resolution is of particular significance due to rising bad debts during the pandemic.
Vietnam’s corporate bond market in 2021 surges by 56% to US$32 billion
The size of the non-banking corporate bond market is on the rise.
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