Construction Project Management Portal

Bank doors open more widely, but businesses cannot go in

It’s obvious that the State Bank’s decision to slash the dong ceiling deposit interest rate to 12 percent aims to rescue businesses which have been bogged down in difficulties. However, analysts have warned that the decision may not help much.

Businesses’ assets nearly exhausted

Deputy Chair of the Vietnam Cashew Association (Vinacas) Nguyen Duc Thanh said that most of the assets of enterprises are not valuable, just several thousands of square meters of production workshops.

Continue reading

Advertisements

April 22, 2012 Posted by | News | , | Leave a comment