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. 

Việt Nam-based NFT game project raises US$1.7 million

HeroVerse, a Việt Nam-based NFT game project built on the blockchain, has successfully raised US$1.7 million from leading blockchain and NFT investment funds including DaoMaker, x21, AU21 Capital, Raptor Capital, IceTea Labs.

SABECO gives support to 600 F&B businesses affected by COVID-19

The Central Committee of the HCM Communist Youth Union (HCYU) in co-operation with the Saigon Beer Alcohol Beverage Co-operation (SABECO) and its Bia Saigon brand on Thursday presented support packages worth VNĐ5 million in cash to 600 small food and beverage businesses that are facing difficulties due to the COVID-19 pandemic in HCM City.

President hosts CEO of US’s Quantum Group

 President Nguyễn Xuân Phúc received Arun Savkur, CEO of the US’s Quantum Group on September 22 in New York (local time), witnessing the handover of the cooperation agreement between the group and a Vietnamese joint venture.

Unification in planning will make business environment better

After more than two years of implementing the Planning Law effective from January 1, 2019, ministries, sectors and localities need to strengthen cooperation and share information among them to further improve the investment and business environment.  Minister of Planning and Investment Nguyễn Chí Dũng spoke to the local media about this issue.

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