Hanoi (VNA) – Vietnam has recorded significant achievements in managing national foreign debts over the past three decades, said an official at a workshop held in Hanoi on January 26. Vo Huu Hien, Vice General Director of the Ministry of Finance’s Department of Debt Management and External Finance, made the statement, adding that the effective management has transformed Vietnam from a poor and heavily indebted country into a one receiving international organisations’ recognition as having a controlled external debt level and being excluded from the group of countries with a debt burden. According to data from the ministry, the public sector’s proportion in the structure of the national external debt decreased from 73.6 percent in 2010 to 63.4 percent in 2015 and 43.7 percent in 2020. The Government’s foreign loans are mainly official development assistance and concessional loans. To date, Vietnam has signed more than 85 billion USD worth of these loans. … [Read more...] about Progresses seen in Vietnam management of national foreign debts: workshop
Debt repayment calculators
Popular Japanese Vlogger Ghib Ojisan Uncovers Digitalisation Efforts by SMEs and Local Businesses, in Collaboration with King Of Time
Ghib Ojisan finds out how she copes with the labour intensive, highly competitive nature of the industry by adopting Japan's number one HR cloud software, King of Time, to optimise workflow. Date-san highlighted the benefits of having real-time visibility of staff movement, even when she is not physically at the store. Payroll management, rostering and employee tracking have become digital and much more convenient -- saving her time, minimising calculation errors and reducing costs. … [Read more...] about Popular Japanese Vlogger Ghib Ojisan Uncovers Digitalisation Efforts by SMEs and Local Businesses, in Collaboration with King Of Time
Vietnam achieves poverty reduction goals
Hanoi (VNS/VNA) - Vietnam has gained impressive achievements in poverty reduction in recent years under the leadership of the Party and the Government, but more will be done to ensure these efforts leave sustainable impacts. Under the leadership of the Party and the Government, localities nationwide have implemented solutions and programmes to help local people develop suitable livelihood models to escape poverty and improve their lives, especially in 2016-2020. The Muong Nhe Nature Reserve in the northern province of Dien Bien started to implement a project to develop the livelihood based on the forest in five communes in the buffer zone of the forest. The project of planting Sa nhan tim (Amomum longiligulare T.L.Wu), a valuable species of medical plants, was first conducted in Sin Thau commune, the westernmost area of the country. Initially, local people were reluctant to join the project as they were unaware of the economic benefits gained from growing … [Read more...] about Vietnam achieves poverty reduction goals
SP Land execs taken into police custody
In late 2018, SP Land developed the KDC An Dien 1 and An Dien 2 projects in Ben Cat Town with a total area of over two hectares. Despite having yet to complete legal procedures, the firm started to put the land lots of these projects up for sale at a price of over VND400 million per lot. … [Read more...] about SP Land execs taken into police custody
Net tightens on fake goods scammers
The issue was first raised in June last year when it was found that over 4,700 cases of beer, nearly 117,000 cans (330 ml types) and over 3,000 beer cartons showing signs of infringement of SABECO’s trademarked products. The value of the products was estimated to be more than VND1.4 billion ($61,000). According to calculations, for each barrel of beer brought to the market, the company was earning profit of about VND29,000 ($1.25). … [Read more...] about Net tightens on fake goods scammers