Philippines' new law cuts corporate tax, improves fiscal incentives system Philippines' new law cuts corporate tax, improves fiscal incentives system

Debt classification policy extended to aid customers impacted by pandemic The State Bank of Việt Nam (SBV) has decided to extend a policy allowing commercial banks to keep debt classifications for  COVID-19 affected borrowers unchanged to help customers access bank loans.

City's new water-drainage plan considers impact of rising sea levels, climate change A plan for a new water-drainage network in HCM City has been submitted to the Prime Minister for approval.

Experts gather to discuss solutions for Việt Nam’s economy development

Senior experts and economists gathered for a seminar held in the capital city yesterday to assess Việt Nam’s economy development and its prospects in 2021and announced the Vietnam Annual Economic Review 2020.

Consumer lending to grow again in 2021

The consumer finance market would have a chance to grow again in 2021 thanks to the economic recovery, experts forecast.

Animal feed prices rise sharply, farmers hit hard

The price of livestock fodder has risen by 15-30 per cent in the last five months because of higher prices of inputs, and many farmers are facing big losses as a result.

Fund enables Bến Tre's rural households to escape poverty

Ten thousands of rural women and poor households have benefited from the loans over the past five years.

Three companies dominate consumer lending market in VN According to the State Bank of Việt Nam (SBV) 16 finance companies are licensed to provide consumer lending with their total charter capital worth more than VNĐ22 trillion (US$948 million) as of the end of 2020.

High-tech farming needs investment and proper policies Việt Nam’s agriculture sector is aiming to be among the 15 most developed countries in the world, in which the agricultural processing sector ranks among the top 10 countries by 2030.

Foreign businesses hail Government’s efficient COVID control efforts, express relief

It has been a tough year for the global economy. Thanks to the all-out efforts made by its Government, Việt Nam is one of the few countries in the world whose GDP grew in 2020. This has also benefited foreign investors and entrepreneurs in the country.