National Assembly discuss economic recovery measures As Việt Nam slowly lifts COVID-19 restrictions, the economic recovery is only just beginning. With the third-quarter GDP in deep decline, the government aims to launch stimulus packages to boost recovery.   

Detailed policies needed to help firms get loans

Many businesses suggested more detailed policies should be issued to help them access bank loans as there remain difficulties in lending.

Banks to lend $4.3 billion preferential interest rate loans Banks will lend more than VNĐ100 trillion (US$4.3 billion) with preferential interest rates of 3-4 per cent per year to support the economy, according to Nguyễn Tuấn Anh, director of State Bank of Vietnam (SBV)’s Credit Department of Economic Sectors.

Draft decree offers incentives for investment in agriculture The Ministry of Planning and Investment is drafting a decree to support loans and interest rates for enterprises that invest in agriculture and rural areas in the near future.

HCM City seeks PM's permission to mobilise capital for two Ring Road projects

HCM City is seeking approval from the Prime Minister to speed up implementation of the Ring Road No. 3 and Ring Road No 4 projects, Lê Hoà Bình, the city’s vice chairman, said.

Public support plays key role in Long Thành Airport project Secretary of Đồng Nai Province's Party Committee and Chairman of the province's People’s Council Nguyễn Phú Cường speaks to Đồng Nai newspaper about his appreciation for members of the public who have relocated to make way for the construction of Long Thành Airport.

Vietnam Airlines faces more than half a billion dollars in losses

Shareholders of Vietnam Airlines Corporation approved the 2020 business and production plan on Monday, which noted that consolidated losses will not exceed VNĐ15.17 trillion ($655.7 million).

Condotel market faces gloomy prospects

The condotel market has faced a gloomy period due to low absorption rate while inventory has been on the rise, experts said.

Banks aid 318,000 COVID-19 affected borrowers Commercial banks cut interest rates on VNĐ980 trillion (US$42.6 billion) of loans to support 318,000 COVID-19 affected individual and corporate borrowers by the end of April, the latest data from the State Bank of Việt Nam (SBV) showed.

Bắc Ninh banks offer support to keep businesses afloat

Banks in Bắc Ninh Province are offering reduced interest rate loans to businesses to help them during the COVID-19 pandemic.