A Vietnamese flag flies atop the State Bank building, near the Vietcombank and Bank for Investment and Development of Vietnam buildings, in central Hanoi, Vietnam. REUTERS/Kham/File photo
HANOI Vietnams central bank will restructure loans for some businesses facing difficulties, including delaying loan repayments, the government said, as it seeks to shore up a slowing economy.
Prime Minister Pham Minh Chinh has asked the State Bank of Vietnam to draft the decision with a view to increasing the number of firms subjected to restructuring, and extending the timeframe over which it happens, the government said in a statement at the weekend.
Several companies in Vietnam, a regional manufacturing hub, have been struggling …
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