Some experts believe that the government needs to come forward and provide a guarantee for SMEs (small and medium enterprises) to access bank debts. Accounting for 90 percent of Vietnam’s total enterprises, SMEs are in an disadvantageous position to access preferential credit packages created during the COVID-19 crisis. To borrow money from credit packages, SMEs […]
Read MoreThe Government needs to do more to revive the business sector, Dr Tran Hung Son, Deputy Director of the Institute for Development and Research in Banking Technology under the Vietnam National University-HCM City has said. Speaking at a conference in HCM City on May 20 he said the Government’s 300 trillion VND (12.9 billion USD) […]
Read MoreThe Hanoitimes – The trade deal with the EU would emphasize Vietnam’s geopolitical significance in the Southeast Asian and Asia – Pacific regions, said Vice State President Dang Thi Ngoc Thinh. On behalf of Vietnam’s President Nguyen Phu Trong, Vice President Dang Thi Ngoc Thinh said the EU – Vietnam Free Trade Agreement (EVFTA) brings mutual […]
Read MoreVietnam ranked second, following Bangladesh, in the top 10 fastest growing wealth markets from 2010 to 2019. The Wealth-X Company revealed the ranking in its new report titled “A Decade of Wealth”. The report takes a look back at the growth of the global wealthy population over the past decade, while also forecasting the trends […]
Read MoreThe Hanoitimes – The tourism industry prepares for welcoming visitors from countries and territories which have contained the disease. Besides focusing on domestic tourism, Vietnam’s travel industry prepares for re-opening to international tourists by easing immigration procedures and normalizing air travel services as the country has gradually tame the outbreak of the coronavirus, according to The Saigon […]
Read MoreThe Hanoitimes – The decision, set to valid until the end of 2020, would help customers save thousands of dollars. Prime Minister Nguyen Xuan Phuc has agreed to slash the registration fee for domestically-produced cars, which could account for up to 12% of the car price, by half in a move to stir up the car […]
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