Moreover, the Can Tho City branch of the Vietnam Bank for Social Policies has not received any applications so far, as enterprises fail to meet lending requirements. Borrowers are required to have 20% to 30% of staff participating in compulsory social insurance, but they cannot afford the insurance for a long time, said Huynh Van Thuan, director of the branch. SGT … [Read more...] about VN central bank’s VND16 trillion aid receives lackluster response from employers
Henri fayol supports which approach
Vietnam credit growth slows to 2.13% in 6-month period
Regarding the credit structure, Nguyen Quoc Hung, director of the SBV’s Credit Department, said credit for agricultural production expanded 0.3% compared to end-2019; followed by that for exports (4.94% versus 10% in the first six-month period of 2019); technology sector(2.92%); supporting industries (2.27%); and small and medium enterprises (-0.7%). … [Read more...] about Vietnam credit growth slows to 2.13% in 6-month period
Science and technology one of the country’s major policies: official
The economic structure of industries has changed positively, the proportion of processing, manufacturing and application of high-tech industries has increased. Many production models applying high technology have been established, like high-tech agriculture, clean and organic agriculture. The quality of a wide range of products has come to meet safety requirements according to international standards. Environmental issues have been solved on the basis of science and international law. Quality of growth is improving day by day. The industry's global competitiveness increased from 58 in 2009 to 42 in 2019. Việt Nam's global business environment ranking position has improved significantly. … [Read more...] about Science and technology one of the country’s major policies: official