Vietnam 

A broader view on Gov’t guarantees required – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News By Võ Trí Thành* For many years, Việt Nam’s Government has been acting as a guarantor for a lot of investment projects. This has increased confidence of both lenders and investors in the implementation and success of the projects. However, experts recently argued that because public debts are rising, private companies should carry out infrastructure projects without Government guarantees. So are the Government’s sovereign guarantees necessary anymore, when the country still needs capital for infrastructure development? It is undeniable that foreign loans have contributed…

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Vietnam 

Banks required to meet capital demands of rice exporters – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI — The State Bank of Việt Nam (SBV) has directed commercial banks to prepare funds in a move to timely meet capital demands of rice exporters as regulated in Decree 107/2018/NĐ-CP on rice export operations. Under a document released this week, SBV required the banks to implement Decree 107, which has taken effect since October 1 this year, to lend to rice traders for constructing warehouses, milling and grinding establishments, rice and paddy processing establishments as well as farmers producing rice for export.…

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