Funding a start up business

The adjustment of socio-economic targets is a big and unprecedented issue, because the targets set in the NA’s Resolution are concretised from the Resolution of the Party Central Committee. On the basis of the Government’s proposal, the decision on the adjustment of growth targets will be made by the competent levels, with the current political and legal bases taken into account. According to economic experts, the adjustment of GDP growth target and relevant macro targets in accordance with the new developments in the domestic and international socio-economic situations will create favourable conditions for the Government in its management work, towards realising the dual goal of successfully combating the pandemic and reviving the economy after the disease. … [Read more...] about BUSINESS NEWS HEADLINES MAY 30

The Government also decided to cut at least 70 per cent of expenditures for overseas visits of ministries, central agencies and localities, except for the Ministry of National Defense, the Ministry of Public Security, the Ministry of Health and expenditures for organizing events within the ASEAN Chairmanship Year and other diplomatic activities of the Ministry of Foreign Affairs. … [Read more...] about Gov’t steps up measures to support Coronavirus-affected businesses

Cần Giờ is an island district located about 25km southeast of the city. It is famous for fresh seafood and eco-tourist sites that attract visitors on short trips. It is also home to Cần Giờ Mangrove Forest, a world-class biological reserve recognised by UNESCO in 2000. — VNS … [Read more...] about New ferry to Vũng Tàu starts in Sept

A teller counts Vietnamese banknotes. Since the outbreak of the novel coronavirus, banks in HCMC have provided support for some 224,000 local firms and household businesses – PHOTO: VNA HCMC – Banks in HCMC have lowered their interest rates and rescheduled loans worth VND290.5 trillion (US$12.4 billion) for around 224,000 firms and household businesses reeling from the coronavirus pandemic. … [Read more...] about HCMC banks offer support for 224,000 virus-hit businesses

Second, a concrete action that can help the ASEAN show leadership in stimulating the global economy is to roll back the trade restrictions imposed during the pandemic and conclude the Regional Comprehensive Economic Partnership (RCEP). Experience in the past three years shows that tariffs can slow global economic growth. On the other hand, concluding RCEP negotiations will help revive business confidence and stimulate growth – a needed shot in the arm for the global economy at this juncture of the pandemic. … [Read more...] about From containment to recovery: rescuing the ASEAN from crisis