3 types of high risk customers

- The government promulgated Decree No.41/2020/ND-CP dated April 8, 2020 on extension of deadline for tax and land use fee payments, which would be five months from the deadline. According to the Ministry of Finance, more than 700,000 enterprises would be allowed to delay their payments as a way of shoring up capital at that time. Notably, subjects eligible for the tax extension include credit institutions and foreign banks in Vietnam that roll out relief solutions to alleviate the challenges as well as assist distressed customers. … [Read more...] about Consumers risk higher defaults amid lending sector fluctuation

“Recently, pepper prices have increased. There are several reasons for this improvement. Firstly, COVID-19 in China is basically over, so demands from Chinese customers are higher,” said Nguyen Nam Hai, President of the Vietnam Pepper Association (VPA). … [Read more...] about Vietnam domestic pepper prices hit one-year high

After having enjoyed mild weather for several days, the capital city of Hanoi will see temperatures rise to 35-37 degrees Celsius as from May 30. Temperatures in several places in the capital will even hit a high of 38 degrees Celsius, while humidity is to fall to 40-45%. … [Read more...] about Another heat wave strikes VN, temperatures rise to 40 again

Tokyo (VNA) - Vietnam is a potential and emerging market, with low risks, good economy and stable politics, Eto Shinji, General Manager of Japanese building product distributor JUTEC Corporation’s Overseas Business Department, has said. “That's why we decided to go there. That was in 2015,” he noted in an interview granted to the Vietnam News Agency’s correspondent in Tokyo recently. According to him, at first, his company tried to sell Japanese building materials in the Vietnamese market. But unfortunately, the way of building houses in Vietnam is totally different from Japan’s one, and thus, building materials used in Vietnam are totally different from those used in Japan. “We had tried to sell our products to those who have special technical knowledge of Japan, but it was not easy. As a result, we changed our mindset to adapt to the market and then, decided to enter its real estate market because we thought that there is a close link between … [Read more...] about Vietnam hailed for good economy, stable politics: Japanese business executive

The diplomat also expressed his belief that the extensive strategic partnership between the two countries will continue to develop strongly in the coming time, promising that he will always do his best to contribute to promoting the Vietnam-Japans friendship and cooperation./. … [Read more...] about Latest Coronavirus News in Vietnam & Southeast Asia May 30