Tightened credit policy not relieving foreign currency shortage

With Decision No 09 stipulating the provision of foreign currency loans, the State Bank of Vietnam hoped that the foreign currency shortage would be improved. However, the decision has not helped.

The demand for US$ loans remains very high as business all want to borrow in US$ to enjoy low interest rates. However, the door to US$ loans seems to be closed to many businesses...

Full story: Vietnam Business Finance: Tightened credit policy not relieving foreign currency shortage