Strategic hr business partner job description

Regarding the credit structure, Nguyen Quoc Hung, director of the SBV’s Credit Department, said credit for agricultural production expanded 0.3% compared to end-2019; followed by that for exports (4.94%  versus 10% in the first six-month period of 2019); technology sector(2.92%); supporting industries (2.27%); and small and medium enterprises (-0.7%). … [Read more...] about Vietnam credit growth slows to 2.13% in 6-month period

At a meeting with commercial banks in late April, Governor of the State Bank of Vietnam (SBV) Le Minh Hung reported that as of March 31, credit provided to the national economy had increased by 1.3 percent compared with the beginning of the year, the lowest Q1 credit growth rate in the last six years. … [Read more...] about Credit grows slowly, but banks still make profits

Moreover, the Can Tho City branch of the Vietnam Bank for Social Policies has not received any applications so far, as enterprises fail to meet lending requirements. Borrowers are required to have 20% to 30% of staff participating in compulsory social insurance, but they cannot afford the insurance for a long time, said Huynh Van Thuan, director of the branch. SGT … [Read more...] about VN central bank’s VND16 trillion aid receives lackluster response from employers

In addition, the cross-ownership among CIs is also handled thoroughly. The direct cross-ownership between pairs of CIs was removed from the end of 2019 while there is only one pair of a CI and a firm directly owning shares of each other compared with 56 pairs in 2012. … [Read more...] about Vietnam’s credit institutions must speed up restructuring to meet deadline

Some banks are collecting treasury stocks to reduce the number of shares in circulation and reduce foreign ownership ratios. This is seen as preparation to receive ‘big fish’ who are ready to spend big money to acquire Vietnam’s bank shares. … [Read more...] about Big players enter Vietnamese stock market