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high interest rates
Latest news related to high interest rates
Vietcombank deposit interest rates in July 2025: High interest rates for long terms, individual customers benefit
Vietcombank deposit interest rates in July 2025 range from 0.2% - 4.7%/year for individuals, 0.2% - 4.2%/year for businesses, depending on the deposit term.
Market
Nghe An police eradicated a loan sharking ring with interest rates of 365%/year.
The Criminal Police Department of Nghe An Province Police has just dismantled a nationwide loan sharking ring in civil transactions with interest rates up to 365%/year, illegally earning hundreds of millions of dong.
Breaking up a loan sharking and 'terrorist' debt collection ring
In cases of late payment, these subjects call to threaten, cut and paste pictures and post them on social networks, or may throw paint or dirty substances at the house to intimidate and pressure people into paying.
News on January 15
(Baonghean.vn) - Directing to overcome shortcomings and limitations in administrative reform; Prosecuting the subject of lending money at interest rates of 1825%/year... are the highlights of January 15.
Prosecution of 'big sister' who lent money at interest rates up to 146%/year
(Baonghean.vn) - Vinh City Police (Nghe An) has just issued a decision to prosecute the case and prosecute Nguyen Thi Phuong Thoa, residing in Cua Nam ward, Vinh city, for the act of lending at high interest rates in civil transactions.
'Hot girl' lending at interest rate of more than 109%/year caught
(Baonghean.vn) - Taking advantage of the economic difficulties of some local people, Nguyen Thi Chi Anh (born in 1991), residing in Tan Phuc hamlet, Dien Thinh commune, Dien Chau district, lent them money at high interest rates, some of which were from 2,000 VND to 3,000 VND/1 million VND/day.
Villager fined 60 million VND for lending at high interest rates
(Baonghean.vn) - Lending money to others at interest rates 9.1 to 18.2 times higher than the highest interest rate prescribed (20%/year), Luong Van Tuan, born in 1986, residing in Huu Kiem commune (Ky Son) was sentenced to a fine of 60 million VND at the trial held on the morning of August 20, 2021.
Detained man for loan sharking and illegal profits in Vinh city
June 11, 2021 11:50
(Baonghean.vn)- Vinh City Police are temporarily detaining Tran Dung (born 1986), residing in Vinh Tan Ward, Vinh City, to investigate the act of lending at high interest rates in civil transactions.
Arrest of loan shark in Que Phong
May 26, 2021 10:10
(Baonghean.vn) - Ho Sy Duc lent money to 74 people at high interest rates, illegally profiting more than 100 million VND.
Loan shark with terrible interest rate in Nghe An arrested
November 17, 2020 12:47
(Baonghean.vn) - Since 2018, Luong Van Tuan has lent money to 18 people with an interest rate of 5,000 VND/ 1 million/ 1 day (ie 182%/1 year).
Arresting the boss and his associates of the 'black credit' group in Vinh City
November 4, 2020 17:34
(Baonghean.vn) - Hung organized loans using the form of lottery, borrowers would have their interest cut immediately after receiving the money. Every day, Hung sent his accomplices to collect money from the lenders and regularly called to urge and threaten repayment.
The owner of a black credit line in Quynh Luu posts debt collection notices around the house if the debtor is late in paying.
September 17, 2020 09:55
(Baonghean.vn)- Nguyen Van Cao lent money to many people at sky-high interest rates. When the debtors were unable to pay, Cao printed debt collection papers with the borrower's photo and posted them around the house.
The trick of the 9X 'boss' lending at high interest rates of 185%/year
August 5, 2020 19:14
(Baonghean.vn) - The General Investigation Team, Vinh City Police has just issued a decision to prosecute the case, prosecute the defendant Nguyen Thi Hong Hanh for the act of lending at high interest rates in civil transactions.
Arrested a group lending tens of billions of dong at interest rates over 200%/year in Nghe An
August 3, 2019 10:35
(Baonghean.vn) - Normally, the lenders charge an interest rate of 5,000 VND/million/day, equivalent to 180%/year. In some cases, they charge an interest rate of 7,000 VND/million/day, equivalent to 252%/year.
Fraudulently appropriating nearly 7 billion VND, sentenced to 10 years in prison
May 27, 2019 15:48
(Baonghean.vn) - By using the trick of borrowing money to trade in construction materials with high interest rates, in a short time, Thi Long (residing in Le Loi ward, Vinh city) was able to mobilize nearly 6.8 billion VND. When she had spent all the money, Long declared bankruptcy, causing many victims to suffer.
Eliminate loan shark gang using petrol bombs to threaten debtors
May 14, 2019 05:59
A loan shark gang was caught red-handed throwing petrol bombs into a debtor's house to demand loan repayments at exorbitant interest rates.
Borrowed nearly 3 billion VND from people and then fled
October 19, 2018 09:15
(Baonghean.vn) - Due to business losses, Thoa borrowed nearly 3 billion VND from many people at high interest rates. When she was unable to pay, this woman fled.
"Monster woman" used the trick of "borrowing money at high interest rates" to embezzle more than 11 billion VND
July 13, 2018 06:46
Using the trick of borrowing money with high interest rates, Tam borrowed money from many people with a total amount of more than 11 billion VND and then appropriated it for personal use.
Private enterprises can borrow ODA capital.
April 25, 2018 15:15
In addition to public agencies and organizations, private enterprises can also borrow ODA capital and preferential loans from foreign donors.
Ministry of Industry and Trade warns of risks when borrowing consumer loans at high interest rates
November 17, 2017 07:08
The Competition Management Department, Ministry of Industry and Trade, said that borrowers charged interest rates of up to 60%/year will face many risks.
Mobilizing high interest deposits, appropriating nearly 40 billion VND
December 26, 2016 15:44
(Baonghean.vn)- Using the trick of calling on people to deposit money with high interest rates, from 2009 until now, Nguyen Thi Thao has lured nearly 500 people in Con Cuong district and surrounding areas to deposit money and gold for her and appropriated nearly 40 billion VND.
Mobilizing capital with high interest rates online scammed more than 130 billion VND
October 8, 2016 16:30
Thousands of customers "fell into the trap" of participating in a capital mobilization network with huge interest rates but in reality they just took money...
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