The administration of central Quang Nam Province will provide VND40 billion (US$1.89 million) in loans at subsidised interest rates for enterprises to reserve essential goods for the Tet holiday.
Enterprises that sell goods in mountainous areas will enjoy interest-free loans, while firms that serve other areas will receive an interest rate support of 50 per cent.
The maximum support period is three months, beginning from the day credit institutions disburse the loans.
Nhan Dan (The People)
Delta gets first private bailiff office
The first bailiff office in the Cuu Long (Mekong) Delta opened on Wednesday in Vinh Long Province, following the Government's pilot project to establish a private bailiff system.
The decision was made to cut the workload of State agencies. The office will execute court judgements. Under the pilot project, in the Mekong Delta, bailiff offices will be set up in Tien Giang, An Giang and Vinh Long provinces.
Sai Gon Giai Phong (Liberated Sai Gon)
Africa, Asia exports grow 38%
Viet Nam's exports to Africa, and western and southern Asia are estimated to reach US$12.5 billion this year, a year-on-year increase of 38 per cent, according to the General Department of Customs.
Products posting strong export growth include mobile phones, computers and electronic products, textiles and seafood.
Thoi Bao Kinh Te Viet Nam (Viet Nam Economic Times)
Rubber export tariffs cut
The reduction for rubber products' export tax became effective today, according to a recent decree of the Ministry of Finance.
Export taxes on synthetic rubber products fell from 5 per cent to 1 per cent, while export duties on natural rubber latex and non-vulcanised mixed rubber commodities were reduced from 3 per cent to 1 per cent. Last year, the ministry raised the export tax from zero per cent to 3 per cent in an aim to encourage the export of processed rubber products. However, rubber prices fell last year and this year, leading to difficulties for exporters.
Tuoi Tre (Youth)