SMEs struggle to access credit support package Business

SMEs struggle to access credit support package

Small- and medium-sized enterprises (SMEs) are finding it difficult to access the Government's credit package worth 250 trillion VND (10.7 billion USD) to support those affected by the COVID-19 pandemic because of a lack of trust in their ability to repay.
PM orders faster public capital disbursement to fuel growth Business

PM orders faster public capital disbursement to fuel growth

Prime Minister Nguyen Xuan Phuc has ordered ministries, sectors and localities to boost the disbursement of public investment capital and consider this as the most important measure to make up for the losses the COVID-19 epidemic causes to economic growth.
Banks to provide over 12-billion-USD credit to epidemic-hit firms Business

Banks to provide over 12-billion-USD credit to epidemic-hit firms

The banking sector is building a credit support programme with a value of 285 trillion VND (over 12.2 billion USD) for firms hit by the epidemic of the acute respiratory disease caused by the SARS-CoV-2 (COVID-19), in an attempt to help ease their difficulties, according to an official of the State Bank of Vietnam.
Vietnamese rice industry needs value chains Business

Vietnamese rice industry needs value chains

After the Government took steps to prevent rice prices from falling in February, prices have started to inch up in the Cuu Long (Mekong) Delta – the granary of Vietnam – though not by much.