Soft loans for buyers of social homes
HCMC – Buyers of social homes will be entitled to a preferential interest rate within five years from the disbursement date, reported the local media. From April 1 to the end of June 30, annual interest rates of 8.2% and 8.7% will apply to buyers of social homes and investors of social housing
Vietnam’s opportunity to increase value of food manufacturing and processing
According to the General Statistics Office, the growth of Vietnam’s food manufacturing and processing industry averaged 7% per year during the 2016-2020 period. The value of food processing accounts for 19.1% of Vietnam’s manufacturing sector.
Germany ready to assist Vietnam in energy transition: official
A German official has voiced the country’s readiness to become a trustworthy and capable partner helping with energy transition in Vietnam.
Former deputy foreign minister accused of taking VND21.5-billion in bribes
HCMC – To Anh Dung, former deputy minister of Foreign Affairs, has been charged with accepting VND21.5 billion in bribes from the businesses he handpicked to join the Covid-19 repatriation flight plan. Dung, 58, was in charge of approving the flights that brought Vietnamese nationals back home
HCMC’s business confidence predicted to improve in Q2
HCMC – In contrast to bleak financial prospects in the January-March period, reflected in the city’s gross regional domestic product expansion of a mere 0.7%, the financial picture may become bright in the year’s second quarter. Citing data from the HCMC Statistics Office survey, Bui Ta Hoang Vu,
Deposit rates drop further
HCMC – Commercial banks have lowered their deposit rates further since the State Bank of Vietnam’s latest rate cuts came into effect yesterday, April 3. Vietnam’s big four state-owned commercial banks now quote their call deposit rates at 0.1% to 0.3% per year. Interest rates for deposits from one
Korea, Ecuador begin new round of talks for bilateral trade deal
Korea and Ecuador on Monday began their ninth round of talks on the establishment of a bilateral free trade deal, Seoul's trade ministry said.
Vietnam's economy to grow by 6.6% this year: OECD
Vietnam's economy will grow by 6.6% this year and at a similar rate in 2024, according to a report released on March 31 by the Organisation for Economic Co-operation and Development (OECD).
Esperio: Giá nhiên liệu ở Việt Nam được kỳ vọng sẽ giảm theo đà giảm của giá dầu
Gia dầu Brent hien tại đang trong xu hưong giảm sau khi đã có đa giảm mạnh 14% vao khoảng giữa thang Ba. Đợt điều chỉnh tạm thời của dầu đã kết thuc sau khi Bo trưởng Tai chính Hoa Kỳ la ba Janet Yellen đã quyết định triển khai mở rong gói bảo hiểm tiền gửi tren 250.000 USD. Tuy nhien Yellen đã sửa
FPT develops Khanh Hoa investment promotion portal
HCMC – FPT Corporation has recently launched an investment promotion portal in the coastal province of Khanh Hoa, as part of a joint effort between the provincial administration and the technology service provider. The Khanh Hoa business supporting platform was inaugurated with the participation
Vietjet to launch Hanoi-Phuket air service
HCMC – Vietnamese low-cost carrier Vietjet Air has announced plans to operate the first flights between Hanoi and Phuket in southern Thailand, beginning May 19. As planned, the flights leave Hanoi at 11:35 a.m. and land in Phuket at 2:40 p.m. Return flights from Phuket to Hanoi depart at 3:45 p.m.
Durian exports likely to reach US$1 billion this year
The export turnover of Vietnamese durians this year is likely to hit around US$1, according to Dang Phuc Nguyen, general secretary of the Vietnam Fruit and Vegetables Association (Vinafruit).