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access to capital
Updates on Access to Capital
Why is it difficult for cooperatives to access credit capital?
Capital for expansion, production development, investment in equipment, machinery, etc. is always a difficult problem for the collective economic sector. Due to objective and subjective difficulties, very few cooperatives and cooperative groups have access to credit capital from banks.
Economy
Find financial leasing solutions, access to capital for small and medium enterprises
On the afternoon of September 27, in Vinh City, the Vietnam Federation of Commerce and Industry held a workshop to find solutions for small and medium-sized enterprises to access appropriate and effective capital.
Nghe An: Highlights on April 23
(Baonghean.vn) - Chairman of the Provincial People's Committee Nguyen Duc Trung works in Hung Nguyen district; Solutions to remove obstacles in accessing credit capital for the collective economic sector; Nghe An Trade Union signs a commitment to compete to improve the quality of collective labor agreements...
Finding ways to remove obstacles in accessing credit capital for the collective economic sector
(Baonghean.vn) - The workshop focused on discussing solutions to remove difficulties in accessing credit sources for the collective economic sector and cooperatives at present.
Prime Minister directs to increase access to credit capital, remove difficulties for production and business activities
Prime Minister Pham Minh Chinh has just signed Official Dispatch No. 990/CD-TTg dated October 21, 2023 on continuing to resolutely implement solutions to increase access to credit capital, remove difficulties for production and business activities and perform the task of collecting the State budget in 2023.
53% of businesses are unprofitable, 42,000 businesses are waiting for dissolution
The Ministry of Planning and Investment has just announced some remarkable figures. In the first 8 months of 2018, nearly 42,000 enterprises nationwide temporarily suspended operations or waited for dissolution, an increase of 45.9% over the same period last year.
Nghe An: In 6 months, over 45 thousand poor households have access to policy loans
(Baonghean.vn) - On the morning of July 27, comrade Le Xuan Dai - Standing Vice Chairman of the Provincial People's Committee, Head of the Board of Directors' Representative Board chaired the Conference to evaluate the results of the first 6 months of the year and deploy tasks for the last 6 months of 2018 of the Provincial Social Policy Bank.
Con Cuong voters: Near-poor households have difficulty accessing loans
DNUM_CIZBBZCABH 14:51
(Baonghean.vn) - This is the reflection of voters of Cam Lam commune, Con Cuong district, Nghe An with National Assembly delegate Le Quang Huy - Vice Chairman of the National Assembly's Committee on Science, Technology and Environment.
Credit solutions for small and medium enterprises
DNUM_ADZBBZCABH 10:45
(Baonghean.vn) – Small and medium enterprises account for 98% of operating enterprises, but only about 30% have access to commercial bank capital – a significant barrier for enterprises today in developing production and business.
Commercial livestock farming has difficulty accessing medium and long-term loans
DNUM_BAZADZCABH 10:15
(Baonghean) - Commercial livestock farming requires a large initial investment to build barns, buy breeding animals, feed, etc. Therefore, in order for people to have capital, cooperation from commercial banks is needed. However, in reality, most farm owners have difficulty accessing medium and long-term loans, even though they have to mortgage their assets.
Helping veterans access poverty reduction loans
DNUM_CHZBAZCABG 10:01
(Baonghean.vn) - On the morning of October 27, the Economic Committee of the Vietnam Veterans Association in coordination with the Nghe An Veterans Association organized a training conference on sustainable poverty reduction in 2016.
New opportunities for small and medium enterprises to access capital
DNUM_BDZAJZCABG 15:13
(Baonghean) - In the context of difficult production and business activities, many small and medium enterprises (SMEs) have difficulty accessing bank capital. The Small and Medium Enterprise Development Fund, established in April 2016, has brought new expectations. However, accessing this source of capital is not easy.
Support businesses to access capital sources
DNUM_CGZAIZCABG 12:25
(Baonghean.vn) - On August 26 in Vinh City, the Business Finance Magazine - Department of Business Finance in collaboration with the Economic Information Center - Vietnam Chamber of Commerce and Industry (VCCI), the Small and Medium Enterprise Development Fund organized a workshop on Supporting businesses in accessing domestic and foreign capital sources. Nearly 200 businesses in Nghe An and Ha Tinh attended the workshop.
Facilitate access to credit capital
DNUM_CCZAIZCABG 14:35
(Baonghean) - The State Bank of Vietnam (SBV) has implemented monetary policy and ensured safe and effective banking operations. Accordingly, in 2016, the SBV will operate monetary policy proactively and flexibly, closely coordinating with fiscal policy and other macroeconomic policies to control inflation according to the set target (below 5%), stabilize the macro economy, contribute to supporting economic growth at 6.7%, and ensure liquidity of credit institutions and the economy.
Is it "difficult" for people to access capital for future housing?
DNUM_AIZABZCABG 22:09
With the new regulations of Circular 26, many people who want to buy a house are worried that they will not be able to borrow money, and their plans to buy a house will be ruined. Economic experts say that the real estate market is unlikely to "explode" at the end of the year.
Building new fishing vessels according to Decree 67/CP - Difficulty accessing capital
DNUM_CFZADZCABF 09:51
Workers have difficulty accessing loans
DNUM_AFZAGZCABE 17:30
For many workers in rural and mountainous areas, where their family's economic conditions are still difficult, labor export is an opportunity to help them escape poverty and improve their family's economy. However, with labor export fees ranging from tens to hundreds of millions of VND (depending on the market), borrowing capital to go to work abroad is necessary. However, currently, accessing loans is still difficult...
Opportunities for cooperatives to access capital
DNUM_CAZAFZCABD 18:38
With over 800 cooperative unions and more than 60,000 members, the annual demand for "capital" of cooperatives in our province is very large. However, due to difficulties in the implementation process, the process of accessing and supporting is still difficult and inadequate. In that context, establishing a cooperative development support fund is a "salvation" for the current period... Effectiveness of Vinh City Cooperative Development Support Fund
New loans, old debts: Businesses find it difficult to access capital
DNUM_BEZAGZCABC 17:19
“New loans, old debts” is a particularly important content of Resolution 13/CP on removing difficulties for businesses that is expected. However, many businesses ask to change the contract, hoping to reduce the interest on previous loans with high interest rates, but many banks do not lend.
Collective economy has difficulty accessing capital
DNUM_BDZAGZCABC 18:29
Implementing Resolution 13/NQ-CP on a number of solutions to remove difficulties for production and business, supporting the market of the Government, the State Bank has also issued a series of open credit policies, lowering interest rates, prioritizing 4 areas, to create conditions for businesses and people to access capital to continue maintaining production. But in reality, many economic sectors still have difficulty accessing loans, especially the collective economic sector in general and cooperatives in particular.
Part II: Businesses still have difficulty accessing loans
DNUM_CDZAGZCABB 10:46
Resolution 11 of the Government and Directive 01 of the State Bank both clearly state: Focus on prioritizing credit capital to serve the development of production and business, agriculture, rural areas, export, industry, support small and medium enterprises; reduce the speed and proportion of credit loans of non-production sectors, especially real estate, securities...
USD exchange rate increases - Businesses still have difficulty accessing capital
DNUM_AEZADZCABB 11:12
After the State Bank of Vietnam (SBV) decided to adjust the exchange rate by 9.3%, effective from February 11, 2011, many people predicted that the supply of USD would be more abundant due to the reduction of foreign currency hoarding. However, through practical research, some businesses in the province said that it was still difficult to access USD at the listed price of the bank.
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