Deals signed to promote wood processing sector’s digital transformation

The Handicraft and Wood Industry Association of HCM City (HAWA), the Bình Dương Furniture Association (BIFA) and the Handicraft and Wood Industry Association of Đồng Nai (DOWA) on March 5 signed co-operation agreements with FPT Corporation on promoting digital transformation to help wood processing enterprises optimise operations, save costs and improve competitiveness.

Epidemic causes credit growth to slow sharply

Credit growth of the banking system in the first two months of this year reached only 0.06 per cent, slowing significantly against the 1 per cent rate in the same period last year, due to adverse impacts of the COVID-19 epidemic, the State Bank of Việt Nam (SBV) reported.

Dropping oil prices slam stocks

Plummeting global oil prices over the past month are hurting the stock prices of Vietnamese oil and gas companies, tinnhanhchungkhoan.vn reported on Wednesday.

Firms seek city’s support amid virus outbreak

A majority of firms at a meeting with city leaders in the central region's economic and tourism hub on Wednesday said they need help from the State, asking for extended credit lines and a delay on making social security payments.

EVN needs VNĐ93.2 trillion for power projects this year

Vietnam Electricity (EVN) needs total investment capital of VNĐ93.2 trillion (US$3.97 billion) for power projects this year and it will focus all resources to ensure the progress of such projects, according to the group. 

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