Real estate developers are struggling to find alternative funding for their building projects rather than having to rely almost entirely on bank credit.
Price of gold in Vietnam sank below VND41 million a tael, the lowest level since late July last year while global price weakened due to concern over European sovereign-debt crisis.
Price of gold in Vietnam fell by VND1 million a tael over the previous day to the lowest level in past nine months on May 9 fueled by a sharp drop in global price.
The third session of the 13th NA will consider a bailout package worth VND29,000 billion ($1.3 billion) as a solution to save businesses, the Government announced.
