Nguyen Trong Hieu, deputy head of the Institute of Business Studies and Development, said though the fund could not lend to more than 5 percent of the total number of SMEs in the country, it is still a major step in supporting startups, which are struggling to access bank credit. … [Read more...] about Banks out of loop, government fund to lend directly to startups
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PM attends ceremony to start construction of $168mn industrial park in northern Vietnam
Machinery is used in a sod-turning ceremony to start the construction of Lien Ha Thai Industrial Park in Thai Binh Province, northern Vietnam, December 13, 2020 Photo: Khanh Linh / Tuoi Tre The industrial park sits on 588.84 hectares and is projected to cost VND3.885 trillion ($168 million) to build. … [Read more...] about PM attends ceremony to start construction of $168mn industrial park in northern Vietnam
Explainer: China’s new COVID-19 outbreaks
The province of Heilongjiang is also encouraging people to stay home over the Lunar New Year holiday, but there will be no “one size fits all” travel ban. The official China Daily said in an editorial on Friday that “it has to be a voluntary choice on the part of workers.” … [Read more...] about Explainer: China’s new COVID-19 outbreaks