The People's Committee of Nghe An Province has asked four enterprises in the province to stockpile essential goods to serve customers during the Tet (Lunar New Year) holiday at stable prices.
The province has provided total loans of VND26.1 billion (US$1.22 million) at zero interest rate to firms so they can stockpile 60 tonnes of sticky rice; 1,100 tonnes of rice; 400,000 litres of cooking oil; and others.
Firms will open 11 outlets to sell price-stabilised goods as well as organise four sales trips to remote areas. They also pledged to sell goods at 5-10 per cent lower than market prices.
Nhan Dan (The People)
Tay Ninh plans 11 social housing projects
To meet the housing demand of low-income earners, Tay Ninh Province will build seven social housing projects with 2,385 units to supply accommodation for nearly 10,000 people, and four others with over 2,000 rooms for nearly 20,000 workers at industrial parks.
The 11 projects will cost nearly VND2.13 trillion (US$99.9 million), of which VND16 billion is from the provincial budget and the rest from investors.
The province will speed up detailed zoning plans for these projects, pay all costs for site clearance, and invest in infrastructure.
Thoi Bao Kinh Te Viet Nam (Viet Nam Economic Times)
Ca Mau to open two Tet markets in February
Two Tet markets for flowers and watermelons will be put into operation in Ca Mau Province on February 3. Located in Hung Vuong Park, the Tet flower market will have 190 stalls selling all kinds of flowers and ornamental trees.
The watermelon market will be organised at Hong Bang Park's pavement, featuring 60 stalls.
Sai Gon Giai Phong (Liberated Sai Gon)
Banks asked to lower bad-debt ratio
At a review meeting in HCM City on Monday, the State Bank of Viet Nam's HCM City branch asked the city banking sector to make an effort to reduce the non-performing loan ratio to less than three per cent in 2015.
In addition, it has also set targets of 13 per cent in credit growth and 12 per cent growth in capital mobilisation for the city banking sector.
The bad-debt ratio of HCM City-based banks by the end of last year accounted for 5.3 per cent of total outstanding loans, according to a report of SBV in HCM City.
Thanh Nien (Young People)
HCM City to upgrade workforce's skills
HCM City will implement measures to improve the quality of vocational training and raise the number of trained workers to 72 per cent of the city's total employees this year from the rate of 68 per cent in 2014, according to the city Department of Labour, Invalids and Social Affairs.
Vocational training schools will recruit about 401,000 students this year, it said.
Last year, vocational training schools recruited more than 443,500 students and provided training for 2,000 poor labourers, 1,090 people with disabilities and 611 ethnic minority youth.
Nguoi Lao Dong