Hà Nội to renovate degraded apartment blocks by 2025

Dangerous and degraded residential apartment blocks in Hà Nội will be renovated by 2025 in compliance with the project on renovation and reconstruction of old apartment buildings in Hà Nội, which was endorsed by the Hà Nội People’s Council on Thursday.

EV incentive to cost State budget VND8.6 trillion

Slashing registration fees by half for electric vehicles (EVs) may cost the State budget as much as VND8.6 trillion (US$380 million) a year, according to the latest report by the Ministry of Finance. 

Banks slash US$386 million in interest rates in July-August

Commercial banks have slashed more than VND8.8 trillion (US$386 million) in interest rate from July 15 to August 31 in support of businesses that have been severely affected by the novel coronavirus, said the State Bank of Vietnam yesterday.

Plenty of room for attracting US investment

In order to attract investment projects from the US, Việt Nam needed to continue improving its macro-economy, controlling inflation, and speeding up administrative  in order to better faciliate US investors, experts have said. 

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