The northern mountainous province of Lao Cai now has quite favorable infrastructure to become a "bridge" on the Kunming (China)-Lao Cai-Hanoi-Hai Phong-Quang Ninh Economic Corridor.
In recent days, many domestic banks have lowered both deposit and lending interest rates for short-term VND loans to support businesses in the year-end months.
At the end of November, the size of the Government bond (G-bond) market was equal to 25.1 percent of the gross domestic product (GDP) of 2019, rising 12-fold from 2009, data show.
Vietnam’s Government bond (G-bond) market would become a safe, effective and highly lucrative investment mechanism for commercial banks, insurance networks, investment funds and foreign investors.
The northern province of Vinh Phuc has paid great attention to job creation for rural labourers through policies to support vocation training and attract investment.
Speakers who are famous entrepreneurs and managers shared their experience to promote the start-up spirit of Vietnamese intellectuals in foreign countries, especially Japan.
More than 1.62 million poor households and welfare policy beneficiaries gained access to preferential loans worth over 54.9 trillion VND (2.36 billion USD) in the first nine months of 2019, up 6.15 trillion VND compared to the same period last year.
The capital amounts may be small to many urban families but thanks to them, those in rural and ethnic minority areas have escaped poverty and enriched themselves.
Deputy Prime Minister Vuong Dinh Hue held talks in Hanoi on September 23 with Senior Vice President and chief economist of the World Bank Pinelopi Koujianou Goldberg, who is in Vietnam to attend the Vietnam Reform and Development Forum 2019.
The 2 billion AUD (1.4 billion USD) Australian Infrastructure Financing Facility for the Pacific (AIFFP) is negotiating with Timor Leste on the financing of a gas pipeline worth 500 million AUD (350 million USD) that will connect with a gas plant to be built on the coast of the south Southeast Asian country.
The alarmingly sluggish disbursement of official development assistance (ODA) capital and foreign soft loans continued to be the topic of a teleconference in Hanoi on September 13.
The policy credit fund has for many years become the main direct support tool for the Central Highland province of Dak Lak to implement the national target programmes.
The potential for agricultural and aquaculture cooperation between Vietnam and countries in the Middle East and Africa was discussed at a workshop in Hanoi on September 10.
Metro project No.3 from Nhon to Hanoi railway station in the capital city will begin to have its underground stations drilled in early 2020, and the work is scheduled to be completed the same year.
Credit for social policy beneficiaries has contributed significantly to narrowing the gap between the rich and the poor, reducing unemployment rate, and developing local economy.
In an attempt to assist former overseas Vietnamese in Cambodia in stabilising their lives as returning home, Binh Phuoc provincial authorities have deployed numerous practical measures.
“Vietnam is shaping up to be Southeast Asia’s next hottest startup ecosystem” is the title of an article recently posted on the website of TechinAsia – the largest English-language technology media company in Singapore that focuses on Asia.
As official development assistance (ODA) plays an important role in the country’s socio-economic development, Vietnam hopes to receive further supports from its partners to diversify capital sources, Deputy Prime Minister and Foreign Minister Pham Binh Minh said on July 10.
More than 1.15 million poor households and policy beneficiaries gained access to preferential loans in the first half of 2019, according to the Vietnam Bank for Social Policies (VPSP).
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