Vietnam Banks Boost Soft Loans to VND385.581T Since Early February
Banks and financial companies had added VND7.886 trillion (US$463.882 million) to the domestic economy in the week ending on July 23, brining the total soft loans to VND385.581 trillion (US$22.681 billion), the State Bank of Vietnam said.
Of that total sum, they lent VND60.44 trillion to state-owned companies, VND257.237 trillion to non-state sectors and VND67.903 trillion to individual households, the SBV said.
Government officials and local and foreign economists recently sat together to discuss effectiveness of the first stimulus package worth US$1 billion and the second stimulus package worth US$8 billion, the New Hanoi newspaper said. (SBV, New Hanoi)
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