Tag: Xanh Sky apartments

The net interest margin (NIM) story for Q1 2025 is a concerning tale, with over half of the banking system witnessing a decline. This is more than just a trend; it reflects a worrying shift in the industry's profit landscape, monetary policy movements, asset-liability structure, and credit consumption behavior.

The magnitude of non-performing loans in the economy has surpassed a staggering threshold of 1 million billion Vietnamese dong. This colossal amount of "dead capital" is a wasteful burden on the economy, especially in a context of capital scarcity, and it contributes to keeping borrowing rates high.

The recent heavy rains that lashed Ha Tinh province from the night of May 24 to May 25 caused severe flooding, inundating over 2,000 hectares of spring rice fields and damaging thousands of tons of harvested rice. The deluge has dealt a significant blow to the local populace. The provincial government has swung into action, undertaking swift measures to address the aftermath and aid the affected residents in restoring their livelihoods.