Saturday, September 22, 2018 - 7:07:12

investments

ADB approves 7.8 bln USD credit package for Philippines’ economic growth

World

ADB approves 7.8 bln USD credit package for Philippines’ economic growth

The Asian Development Bank (ADB)’s Board of Directors has approved a new six-year country partnership strategy with the Philippines, under which the bank will provide a credit package worth 7.8 billion USD to the Southeast Asian country until 2021 to support it in attaining sustained high and inclusive economic growth.

Vietnam’s textile and garment industry faces tough seas in 2019

Business

Vietnam’s textile and garment industry faces tough seas in 2019

2019 will be a challenging year for Vietnam’s textile and garment industry as it needs to obtain major breakthroughs to take on new roles in the global value chain, including shifting from simple processing - Cut, Make and Trim (CMT) - to purchasing materials, free on board (FOB), original design manufacturer (ODM) and original brand manufacturer (OBM) modes.

International cooperation crucial for startup development

Business

International cooperation crucial for startup development

The startup culture in Vietnam has taken off in recent years, with foreign venture capital now five times higher than that by domestic players. Thus, it is important to note that international cooperation is crucial to bolstering startup innovation in the country.

Hanoi steps up cooperation with Bulgarian localities

Politics

Hanoi steps up cooperation with Bulgarian localities

Vice Standing Chairman of the Hanoi People’s Committee Nguyen Van Suu emphasised that boosting cooperation and investment ties with Bulgarian localities is a key task for the capital during a reception for Bulgarian Minister of Economy Emil Karanikolov on September 17.