As the private sector takes on a more central role under the Politburo's Resolution No. 68-NQ/TW, experts and business representatives say Vietnam needs a more comprehensive approach to supporting SMEs. This includes improving institutions, making financial support tools more effective and reshaping the financial system to better suit the characteristics of SMEs.
Prime Minister Anwar Ibrahim said on April 20 that a key measure is a 5 billion MYR guarantee package (1.27 billion USD) under the Syarikat Jaminan Pembiayaan Perniagaan (SJPP) scheme.
Transport Minister Anthony Loke said on April 14 the package includes airfare discounts during holiday periods and financial assistance for airlines to help maintain connectivity.
Key steps include a review of fuel excise tax reductions, covering both the level and duration of tax cuts.
This support serves as tremendous encouragement for the collective efforts of teachers and students at Nguyen Du school, an institution that has distinguished itself in Vietnamese language teaching while providing generations of students a better insight in to the culture, history, and friendship binding the two peoples.
Deputy Prime Minister Ho Duc Phoc voiced his support for the IBK’s plan to establish a new legal entity in Vietnam, showing the hope that the bank will continue to achieve success and make greater contributions to the Southeast Asian nation’s economy.
Many banks have established green transition steering committees, embedded the ESG criteria in their business strategies, and expanded funding for environmentally-friendly sectors.
Under the scheme on eradication of dilapidated houses in 2025, the central province of Binh Dinh will spend over 214 billion VND (8.42 million USD) on supporting the construction and repairs of houses for 4,429 families of nation contributors and martyrs, poor and near-poor households and those that have just escaped poverty.
Passengers of Metro Line 1 (Ben Thanh – Suoi Tien) in Ho Chi Minh City will enjoy free travel during the first 30 days of its commercial operation under a resolution passed by the municipal People’s Council at its 20th session on December 11.
Vietnam’s labour market faces a critical challenge as many low-skilled workers, despite losing their jobs, are reluctant to pursue vocational training programmes aimed at helping them switch careers.
Demand in the domestic market along with a series of new regulations and policies are supporting for the Vietnamese AI start-up community to develop.
Prime Minister Pham Minh Chinh and a delegation of National Assembly deputies of the Mekong Delta city of Can Tho on October 16 met with local voters who are officials, business owners, members of the Farmers' Association, representatives of agricultural production and business cooperatives.
Each community in special-use forests’ buffer zones will receive an average of 50 million VND (over 1,900 USD) a year under a recent degree on several forestry investment policies.
