Policy boost urged as financial leasing hits 40.7 trillion VND in Q1
Financial leasing was sound in several categories, such as for cars, up 26.4% to 8.5 trillion VND, ships up 79.44% and medical equipment up 50%.
Vietnam needs enabling environment to promote financial leasing
It is critical to create an enabling environment to promote the development of financial leasing in Vietnam as a channel to supply capital to the economy, according to General Secretary of the Vietnam Financial Leasing Association (VILEA) Pham Xuan Hoe.
Financial leasing significant to mobilise capital
Financial leasing is an effective solution to solving medium- and long-term capital shortages for local businesses, head a conference held by the BIDV-SuMi TRUST Leasing (BSL) in Ho Chi Minh City on August 1.