Vietnam govt asks central bank to restructure loans for struggling businesses

April 24, 2023

Vietnam's government said it has asked the central bank to restructure loans for some businesses facing difficulties, including delaying loan repayments, as it seeks to shore up a slowing economy. Chinh at a weekend meeting with the central bank also called for commercial banks to cut lending interest rates to support businesses and households. Vietnam's government said it has asked the central bank to restructure loans for some businesses facing difficulties, including delaying loan repayments, as it seeks to shore up a slowing economy. Chinh at a weekend meeting with the central bank also called for commercial banks to cut lending interest rates to support businesses and households. The central bank last month cut several policy rates to support growth amid global uncertainty.

The source of this news is from Tuoi Tre News