Hanoi (VNA) - Nearly 37,600 new firms were formed in Vietnam with a total registered capital of 445.2 trillion VND (19.1 billion USD) in the first four months of this year, down 13.2 percent in number and 18 percent in capital year-on-year due to the COVID-19 pandemic. Garment production in Vietnam - Illustrative image (Source: VNA) Average registered capital...

Tra Vinh (VNA) - Despite the COVID-19 pandemic, the number of newly registered enterprises in the Mekong Delta province of Tra Vinh has risen this year compared to the same period last year. There are 2,607 operating businesses in the Mekong Delta province of Tra Vinh with total registered capital of 33,206 billion VND. (Photo: VNS) About 126 enterprises...

(LSO) - Along with the implementation of support programs for customers affected amid the complicated developments of the Covid-19 epidemic, the Vietnam Bank for Agriculture and Rural Development - Lang Son Branch (Lang Son Agribank) is having ready schemes to provide preferential capital to continue accompanying customers to recover post-epidemic production and business. Since February 2020, when the Covid-19...

Hanoi (VNA) – Vietnam’s fruit and vegetable exports to Thailand were 50.51 million USD in the first quarter of 2020, shooting up 308.77 percent from the same period last year, according to the General Department of Vietnam Customs. Vietnam’s fruit and vegetable exports to Thailand surged 308.77 percent in Q1 compared to the same period last year (Photo: VNA)...

Hanoi (VNS/VNA) - Vietnam’s credit growth is forecast to slow to only 8 percent in 2020 from 13.7 percent last year due to a sharp slowdown in economic activity amid the COVID-19 pandemic. Banking sector earnings are predicted to come under pressure in 2020.(Photo chinhphu.vn) According to analysts from Fitch Solutions, weak economic activity would weigh heavily on credit...

HCM City (VNA) - Officials from provinces and cities in the Mekong Delta – the country’s rice granary - and rice exporters have urged the government to resume rice exports without setting limits, saying many firms face difficulties because of this. Illustrative image (Photo: VNA) Speaking at a meeting in HCM City on April 22, they also exhorted the...

(LSO) - Along with Covid-19 fight, Lang Son is actively implementing measures to promote socio-economic growth, preparing post-epidemic scenarios. In particular, accompanying and removing difficulties for businesses is one of key and top priority measures. Since the beginning of 2020, in the context of the complicated developments of the Covid-19 epidemic, many businesses in the province have had to...

Quang Ninh (VNA) - A series of different scenarios and measures to support businesses and people in the northern coastal province of Quang Ninh in the case of a prolonged COVID-19 pandemic were proposed at meeting in the locality on April 21. A view of Ha Long city in Quang Ninh province (Photo: VNA) According to the provincial Department...

Hanoi (VNA) – The Bank for Investment and Development of Vietnam (BIDV)’s long-term local and foreign currency deposit and long-term issuer ratings have remained at Ba3, according to global rating agency Moody’s Investor Services. At a BIDV branch. (Photo: VNA) These are the highest ratings among the Vietnamese banks in the face of the COVID-19 pandemic which is taking...

(LSO) - Amid the impact of the Covid-19 epidemic, Ministry of Industry and Trade recently announced the reduction of electricity price and electricity bill starting from April to June 2020 in order to solve difficulties for businesses and people. Along with localities across the country, Lang Son Power Company has simultaneously implemented this policy to timely support people and...