As of September 30, total outstanding balances from policy credit surpassed VND223.207 trillion ($9.7 billion), with nearly 6.5 million needy, near-poor households, and other policy beneficiaries still held the loans. VBSP has been carrying out more than 20 policy credit programmes where credit quality has been put at foremost importance. The rate of non-performing debts is always kept below 1 per cent of the total loan balances (0.7 per cent at present). … [Read more...] about Policy credit helps push back black credit
Common security and defence policy
VBSP registers upbeat first-half performance
The lending volume during the first half reached VND42.583 trillion ($1.85 billion) which was distributed to nearly 1.2 million households that are poor, near-poor, or freshly escaped poverty, and other policy beneficiaries. Meanwhile, total collected debt volume amounted to VND29.670 trillion ($1.3 billion). Policy credit sources helped create jobs for nearly 216,000 labourers, 1,900 of whom have begun work under fixed-term contracts abroad, helping nearly 9,000 underprivileged pupils and students secure loans to continue their studies, and building 770,000 clean water and latrine facilities in rural areas. The capital source also helped build 11,500 housing units for policy beneficiaries. … [Read more...] about VBSP registers upbeat first-half performance
VIETNAM NEWS JANUARY 19
Every section of the 20-ha facillity in Cu Chi district tells its own story, said Director Tran Thi Tuyet Nga, citing the Hill of Eggs as an example, saying it tells a folk legend of Lac Long Quan and his wife Au Co who gave birth to a brood of a hundred eggs from which a hundred of children hatched and became the ancestors of all Vietnamese people. … [Read more...] about VIETNAM NEWS JANUARY 19
PM orders intensifying air quality control measures
Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc has asked ministries and People’s Committees of centrally-run cities and provinces to step up the implementation of programmes and tasks on air quality control. The move aims to intensify the control of air pollution, ease its impact on people’s health and spur socio-economic development. In a recently-issued directive, the Government leader emphasised the need to review law enforcement and the control of dust and emissions at industrial facilities as well as from transport and construction activities. He also ordered the suspension of the facilities that cause serious environmental pollution. The directive pointed out the worsening air pollution in many localities nationwide, affecting socio-economic development and the public’s health, mainly due to dust and emissions by vehicles, and constructional and industrial activities that are responsible for huge emissions yet to be controlled effectively. Moreover, … [Read more...] about PM orders intensifying air quality control measures