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Growth of Vietnamese companies facilitated with better access to bank loans

by VTV413 May 2019 Last updated at 17:00 PM

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Growth of Vietnamese companies facilitated with better access to bank loans
VTV.vn - Previously, nearly 70% of small and medium-sized bussinesses in Vietnam were unable to access bank loans because they didn't have enough property to mortgage.

However, many companies have found easier ways to get bank loans without mortgages.

In order to avoid bad debts with unsecured loans, Vietnam's banks should create an effective mechanism to control borrowers and remind them of their loan payments periodically. In addition, banks need to provide support for domestic companies to restructure their operations and other activities.