Gov’t takes bold measures to ensure safety of finance system

Poorly-performing State-owned people’s credit funds – a type of credit institution focusing on people in rural areas to help them escape poverty and avoid dependence on loan sharks – will be merged, acquired or dissolved to ensure the safety of the country’s finance and banking system.

New policy to speed up bad debt settlement

The central bank is drafting a new circular regulating credit institutions’ trading and handling of non-performing loans (NPL) with the aim of forcing the institutions to focus more on bad debt settlement.

TMS Group looks for Japanese partners

TMS Group will organise a series of investment promotion events in Japan at the beginning of April to look for potential partners in the fields of real estate, health and high-tech agriculture.

Vnews launches new programme to support SMEs

Vietnam News Agency’s Television Centre (Vnews), in collaboration with the Việt Nam Association of Small and Medium Enterprises (VINASME), introduced a new programme to support small- and medium-sized enterprises (SMEs) at a ceremony on Saturday.

Hot demand for air conditioners

Electronic goods shops and supermarkets in HCM City are offering big promotions on air conditioners, refrigerators and fans as the hot season approaches.

Cần Thơ seeking logistics centres for air transportation

Cần Thơ needs to develop logistics centres to meet increasing demand for the transportation of goods by international and domestic airlines. Four businesses have put forward proposals to develop such centres in cooperation with the city.

More Vietnamese consumers embracing digital payments: Visa

Vietnamese consumers are embracing digital payments as a faster and more convenient way to pay, with consumers using their credit and debit cards more often for in-store and online purchases, digital payment methods provider Visa said on Thursday.

 

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