Le Viêt Nam, aujourd'hui

HANOI - Two Japanese banks signed a $95 million credit contract on Friday with state oil and gas group Petrovietnam, the final funding package to help build a $1.6-billion coal-fired power plant in central Vietnam.

Vietnam's central bank said on Friday it would issue a directive to let banks extend short-term dong loans at negotiable interest rates in another move to relax lending.

The government is drawing up plans to finance Vietnam’s first nuclear power plant project with foreign loans, the Minister of Industry and Trade has said.

HANOI — Vietnam on Tuesday pledged to use aid loans from Japan effectively, after the two sides signed an agreement resuming the flow of aid suspended during a corruption scandal.

Bangkok - Vietnam is to subsidise interest payments on corporate loans to help mitigate the effects of the global slowdown.

The central bank of Vietnam has said it will try to rein in inflation by limiting loans to consumers and investors in stocks and property as the country faces the prospect of a widespread credit ratings downgrade over fears that its economy is overheating, according to a statement seen Monday. On Friday, Standard & Poor's cut its outlook for the Vietnamese sovereign rating to "negative" from "stable," heightening concerns that other ratings agencies would follow suit, a move that would deal a blow to a country dependent on foreign capital inflows.