The agreement with Masan allows Vingroup to focus on its emerging businesses namely manufacturing and technology, while Masan obtains its last piece of a puzzle to build an empire of consumer retail, with the ultimate aim of expanding to international markets. … [Read more...] about Singapore’s GIC, Credit Suisse no longer hold shares of Vinmart operator?
Local government credit union
Young people are finding it next to impossible to buy houses even as new supply of affordable apartments slows down to a trickle. In 2016, the supply of Grade C apartments, which are said to be in the "affordable" category, accounted for 30 percent of the HCMC market, but this figure had fallen to around 17-19 percent by 2018, said Pham Lam, Chairman of real estate firm DKRA Vietnam. … [Read more...] about City house prices well beyond reach for fresh graduates
Dong Nai (VNA) – The Vietnam Bank for Social Policies branch in the southern province of Dong Nai has offered more than 970 billion VND (43.11 million USD) in loans to nearly 38,000 poor and near-poor households since 2015, helping thousands escape poverty and earn higher incomes. Huynh Cong Nam, Director of the branch, said many households have received loans at monthly interest of 0.55 percent for production and trade. To ensure that loans are used effectively, the branch worked with authorities to inspect each household, he said, adding that more than 98 percent of borrowers repaid their loans on schedule. According to the provincial Steering Committee on Poverty Reduction, Dong Nai changed the criteria for poor households in 2015. Accordingly, each household earning below 1 million VND per month per person in rural areas or below 1.2 million VND per month per person in urban areas is considered poor. Near-poor households in rural areas have monthly … [Read more...] about Social loans help poor households in Dong Nai
The Prime Minister assigned the Ministry of Agriculture and Rural Development to lead and coordinate with the Ministry of Natural Resources and Environment, Industry and Trade, Finance, Planning and Investment, Justice, Information and Communications, and the Commission. ethnic minorities and other concerned ministries and branches review and study the proposal of amending, supplementing and promulgating new legal documents on policies on compensation, support, resettlement and stabilization support. life and production for people after resettlement irrigation and hydropower projects, submit to the Prime Minister for consideration and decision. … [Read more...] about Completing policies to ensure benefits for resettled people and immigrants
Israel refused to allow non-Israelis to disembark from a Korean Air plane at Ben-Gurion Airport on Saturday. It had announced a ban on South Koreans and Japanese visitors, sparking an official protest from Seoul Dozens of evacuees from the Diamond Princess cruise ship have begun their two-week quarantine in the UK What's the wider situation? … [Read more...] about Coronavirus: South Korea declares highest alert as infections surge