The State Bank of Vietnam is attempting to stabilise lending rates while also mobilising credit institutions to continue reducing operating costs and support both individuals and businesses.
Kieu Cao Dung, 39, a native of Dai Dong village in Hanoi’s Thach That district, has succeeded in making bodhi leaves last forever, using them as materials for producing Vietnamese conical hats. His products are not only environmentally-friendly but also contribute to promoting Vietnamese culture around the world.
Banks have experienced a significant bad debt formation while implementing strict provisioning to control non-performing loans amid pandemic struggles – however, debt restructuring portfolios will slightly increase in 2021 as related conditions are expanded.