Tag: financial institutions

Speaking to Tien Phong, Mr. Van Hong Tuan, Deputy General Director of the Cienco 4 Corporation, shared that the North-South high-speed railway project presents a significant opportunity and challenge for Vietnamese businesses, including those within the Cienco 4 Corporation.

C4 is an expansive district spanning across 1,500 hectares of land, and it's about to undergo a significant transformation. With the recent approval of adjustments to the general planning of Bien Hoa City by the People's Committee of Dong Nai Province, the legal obstacles hindering numerous real estate projects in this area will soon be resolved. This paves the way for exciting developments and a potential boom in the local property market.

The macroeconomic stability and consistent results, coupled with the growth in deposits and credit expansion, attest to the effectiveness of the State Bank's monetary and credit policy framework and its implementation. This solid performance is a testament to the State Bank's successful navigation of the economic landscape, fostering an environment conducive to business growth and financial stability.