The State Bank of Vietnam (SBV) has asked banks to further reduce operating costs in the remaining months of the year in order to continue lowering interest rates to support COVID-19 affected firms and individuals.
The Indonesian Government is planning to expand its social aid programme and incentives for micro, small and medium enterprises (MSMEs) in an effort to boost consumer spending and revive the economy in the second half of this year.
Thai Deputy Prime Minister and Commerce Minister Jurin Laksanawisit has pledged to speed up adjustment of the country’s rice strategy as quickly as possible as the industry is facing an array of challenges, including a strong baht and rising production costs.
Vietnam’s revenue of retail sales and services in July was estimated at 431.9 trillion VND (18.6 billion USD), up 3.3 percent over the previous month and up 4.3 percent from the same period last year, according to the General Statistics Office (GSO).
The updated NDC of Vietnam identifies mitigation measures for the 2021-2030 period, and strategic adaptation tasks and measures to minimize damage caused by climate change that are specific to each sector.
The Thai cabinet has approved a plan of the Ministry of Labour to allow more than 500,000 foreign workers with legal documents to stay longer for working in the Southeast Asian country until March 2022.
The Japanese Government plans to promote a platform to member countries of the Association of Southeast Asian Nations (ASEAN) for digitalizing all trade-related documents, Kyodo News cited sources close to the matter as reporting on August 5.
Deputy Minister of Foreign Affairs Nguyen Quoc Dung, Head of Vietnam's ASEAN SOM, attended the 33rd ASEAN-US Dialogue, which was held via video conference on August 5 to discuss cooperation orientations between the two sides in the coming time and exchange views on regional and international issues of mutual concern.
The State Bank of Vietnam has approved the Asia Commercial Bank (ACB)’s plan to raise its charter capital from 16.6 trillion VND (721 million USD) to 21.6 trillion VND (938.3 million USD).
Vietnam is expected to continue growing its share of global exports despite decline amid the resurgence in the COVID-19 pandemic after three months of no local transmissions, according to an HSBC report.
The Asian Development Bank (ADB) announced on August 4 that it will provide a loan worth 1.5 billion USD to support Thailand’s response to the COVID-19 pandemic.
The Ministry of Construction has announced a national action plan on green growth in 2020-2030 focusing on reducing greenhouse gas (GHG) emissions and implementing the Paris Agreement.
As thousands of tourists fled Da Nang after the COVID-19 outbreak sprang up in the central city, dozens of leading doctors went in the opposite direction, towards the danger.
The EU-Vietnam Free Trade Agreement (EVFTA), which came into force on August 1, is hoped to create a driving force to help Vietnam reap further achievements in poverty reduction and economic growth.
The investigation into the Japanese-invested Tenma Vietnam company’s allegation of bribing civil servants and tax and customs officers of northern Bac Ninh province is still ongoing, according to a police official.
Vietnam Airlines commits to continue and add various measures against COVID-19 under stricter and new standards in face of the complicated development of the pandemic, a representative of the national flag carrier said on August 3, calling on passengers to join the effort.
Thousands of volunteers, mainly youngsters and students, donated blood at the “Giot hong tri an” (Grateful Red Drops) blood donation festival in Hanoi on August 2.
Vietjet Aviation Joint Stock Company has reported a loss of over 2.11 trillion VND (approx. 90.5 million USD) in air transportation business in the first half of this year.
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