Regarding the credit structure, Nguyen Quoc Hung, director of the SBV’s Credit Department, said credit for agricultural production expanded 0.3% compared to end-2019; followed by that for exports (4.94% versus 10% in the first six-month period of 2019); technology sector(2.92%); supporting industries (2.27%); and small and medium enterprises (-0.7%). … [Read more...] about Vietnam credit growth slows to 2.13% in 6-month period
Proposed salary increase for teachers 2019
Science and technology one of the country’s major policies: official
Human resource development is promoted, especially high-quality human resources, and more closely linked with market demand. National scientific and technological potential has been strengthened. Some fields of natural sciences have reached regional and international advanced level. Our country is capable of successfully designing and manufacturing a lot of technology and equipment to international standards. The system of key laboratories and specialised laboratories continues to be paid attention to. Research infrastructure in some key fields such as biotechnology, petrochemical, materials, automation, nautical, computing technology and medicine has been strengthened. … [Read more...] about Science and technology one of the country’s major policies: official
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
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
Vietnam’s credit institutions must speed up restructuring to meet deadline
Vietnam to allow EU credit institutions to hold 49% shares at two banks Vietnam is committed to allowing credit institutions of the European Union (EU) to hold up to 49% shares at two joint stock commercial banks in Vietnam when the European Union-Vietnam Free Trade Agreement (EVFTA) takes effect. … [Read more...] about Vietnam’s credit institutions must speed up restructuring to meet deadline
