Despite being strongly affected by the COVID-19 pandemic, bank loans in the first nine months of this year kept rising compared to the same period last year, deputy governor of the State Bank of Vietnam (SBV) Đào Minh Tú said.

Three sections of the North-South Expressway to be built by public-private partnerships are facing trouble mobilizing funds from banks.

Many businesses suggested more detailed policies should be issued to help them access bank loans as there remain difficulties in lending.

Masan has announced cooperation agreements with several foreign investment funds amid the pandemic, showing its global appeal.

While a number of foreign companies have moved part of their production or orders to other countries, many said they still see Việt Nam as a good location for investment in the long term.

Fitch Solutions have revised its 2021 average forecast for the Vietnamese đồng to VNĐ22,900 per US dollar from VNĐ23,000 per US dollar previously and VNĐ22,800 per US dollar from VNĐ23,200 per US dollar in 2022 as the central bank tolerates a stronger đồng over the short term.

U.S. investment fund KKR & Co has registered to sell its entire 7.1 percent stake in Masan MeatLife on the stock market at a 35 percent loss.

Credit institutions reported that customers’ demand for banking products and services was at a low level in the third quarter compared to the previous one.

The Mekong Delta province of Kiên Giang has approved a list of 55 projects calling for investment in the 2021-25 period, with total needed capital amounting to over VNĐ20.6 trillion (US$910 million).

Many banks have reduced or even waived fees for interbank transfers and ATM withdrawals for the rest of the year following similar cuts by the National Payment Corporation of Vietnam to support customers hit by the latest COVID-19 outbreak.