Tag: Hanoi – Dong Dang railway

The proposed amendments to the Law on Credit Institutions have captured the attention of lawmakers and the public alike. With a focus on delegating authority to the State Bank, legalizing Resolution 42, and enhancing mechanisms for seizing secured assets, this draft law is poised to be a game-changer for economic and social development. By addressing critical issues such as unblocking capital, tackling bad debt, and fortifying the banking system's safety, these amendments are expected to have a profound impact on the country's financial landscape.

The German luxury automotive brands, Mercedes-Benz and BMW, are offering significant discounts of up to hundreds of millions of dong on a range of models. These offers are a strategic move to clear out inventory and make way for the exciting arrival of new model versions.

"VietinBank is revolutionizing the way it supports construction contractors in the public sector by accepting 'receivables' from construction contracts as collateral. The bank is at the forefront of innovative policies, making it easier for contractors to access affordable capital and finance their projects with ease."