On May 7, the SBV issued guidance for Vietnam Bank of Social Policies to provide loans at 0% interest rates with worth a total of VND16 trillion (US$686.42 million) for customers directly affected by the pandemic and businesses in paying salaries and wages for furloughed staffs. … [Read more...] about Vietnam credit growth slows to 2.13% in 6-month period
Proposal for increase in salary letter
Northern Ninh Binh province seeks its own airport
According to a newspaper outlet of the ministry, the proposed location is Kim Son or Yen Khanh District, which are less than 35 kilometers away from the Tam Coc cave system, a tourist hotspot. … [Read more...] about Northern Ninh Binh province seeks its own airport
Science and technology one of the country’s major policies: official
The development of our country in the next five years will embrace the profound effects of the fourth Industrial Revolution, a thriving digital economy, and global competition right in Việt Nam. Natural resources are increasingly becoming more limited, the ecological environment is at risk of pollution, intellectual property disputes are becoming harsher, and innovation is the foundation for competition on each product. Demand for personal consumption and demand for better living conditions have increased. … [Read more...] about Science and technology one of the country’s major policies: official
Credit grows slowly, but banks still make profits
The latest update released at the 2020 shareholders’ meeting showed the bank’s outstanding loans had reached VND291.4 trillion as of May 31, an increase of 9.88 percent compared with the beginning of the year. The central bank explained that because of Covid-19, demand is weak and people have tightened their purse strings. … [Read more...] about Credit grows slowly, but banks still make profits