- Right from the beginning of 2022, banks in the province have come up with many solutions to boost capital mobilization, make efforts to disburse loans, and promote credit growth. Thereby, ensuring people have capital for economic development, especially in the current complicated situation of the COVID-19 pandemic. At the Bank for Agriculture and Rural Development of Vietnam...

Sixty-four business leaders and enterprises have received the Asia Pacific Enterprise Awards (APEA) 2021 for their entrepreneurial and business excellence amidst the pandemic. A representative of TPBank receives the award in the Corporate Excellence category. (Source: laodong.vn) The award’s recipients were selected from 260 nominees through a stringent evaluation and judging process. Themed “Build Back Better”, 2021 marks the...

With Russia disconnected from the Society for Worldwide Interbank Financial Telecommunications (SWIFT), Vietnam, like many other countries, will face payment troubles in doing trade with Russia as the two countries have long-standing economic relations, said economist Assoc. Prof., Dr. Dinh Trong Thanh. Illustrative photo. (Source: Russia Bussiness Today/VNA) The SWIFT ban means Russia is being shut out from global...

Hanoi disbursed some 2.2 trillion VND (96.44 million USD) worth of investment sourced from the State budget in February, equivalent to 66.5 percent of last month’s figure, but an increase of 6.2 percent year-on-year, the municipal Statistics Office reported. The city is also working hard to attract capital from other sources to spur its economic development and accelerate infrastructure...

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,137 VND/USD on March 1, down 3 VND from the previous day. Illustrative image (Source: VNA) With the current trading band of +/- 3 percent, the ceiling rate applicable to commercial banks during the day is 23,831 VND/USD and the floor rate 22,443...

- On February 25, the Provincial People's Committee held a 3-level online conference to deploy tasks and plans to build new-style rural areas in 2022. Mr. Luong Trong Quynh, Vice Chairman of the Provincial People's Committee chaired the conference. In 2021, despite facing difficulties due to limited investment resources for the program, the impact of the COVID-19 epidemic......

Loans of pandemic-hit enterprises will enjoy an interest rate cut of 2 per cent under a government support package to remove difficulties for the businesses. Transactions at Vietcombank's headquarters in Hanoi (Photo: VNA) The total preferential interest rate package is worth 40 trillion VND (1.75 billion USD), which comes from the State budget. The proposal was drafted in the...

- On February 24, the Provincial People's Committee held a thematic meeting to evaluate the results of compensation and site clearance work for projects in the province in 2021 and implementing tasks in 2022. Mr. Ho Tien Thieu , Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee chaired the meeting. Attending were Mrs....

- After 10 years of implementing the 2012 Law on Cooperatives, with the efforts and flexibility of cooperatives plus supportive policies of the State, the cooperative economy in the province has made rapid development steps both in terms of quantity and quality of activities. The 2012 Law on Cooperatives was promulgated on November 20, 2012 and took effect...

- In order to promote food safety management, over the past time, the Sub-Department of Agro-Forestry-Fisheries Quality Management has built and developed safe food supply chains. Thereby, it helps contribute to strict control of food safety, gradually improving the value of agricultural, forestry and fishery products to meet the needs of consumers. Dong Que restaurant, That Khe township,...