Facing that fact, Vicofa will carry out some programmes to improve the sector’s efficiency, Tu said, elaborating that it will step up coffee re-cultivation, increase support to help businesses capitalise on export chances under the EU-Vietnam Free Trade Agreement (EVFTA) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), and boost the export of processed coffee for higher value. … [Read more...] about BUSINESS NEWS JANUARY 19
House flipping start up costs
Saigon underground metro station nears completion
Metro Line 1, spanning 2.6 kilometers, has three underground stations: Ba Son, Opera House and Ben Thanh. Opera House Station, with four floors, is now over 90 percent complete. Ben Thanh Station, intended to connect with other metro line projects, is now 82 percent complete. … [Read more...] about Saigon underground metro station nears completion
Nearly VND6.8 trillion proposed for five roads leading to Long Thanh airport
The department also proposed building road 772 from Trang Bom District to Long Khanh City and Xuan Loc District, which will be 47 kilometers, including a 30-kilometer new section and a 17-kilometer expanded section. The project is expected to have four lanes and need an investment of VND1.92 trillion. … [Read more...] about Nearly VND6.8 trillion proposed for five roads leading to Long Thanh airport
Highways open to traffic, clear the way to more development in Mekong Delta
Before these projects opened to traffic, the entire Mekong Delta had only one highway, the HCM City – Trung Luong, 50 kilometers long, not enough for the development prospects of the Mekong Delta, which makes up 50 percent of total food output, 65 percent of fruit and 75 percent of seafood output of the country. … [Read more...] about Highways open to traffic, clear the way to more development in Mekong Delta
Policy credit helps push back black credit
As of September 30, 2020, total outstanding balances from policy credit surpassed VND223.207 trillion ($9.7 billion), with nearly 6.5 million needy, near-poor households and other policy beneficiaries still held the loans. In 2012, Luc’s family received access to the capital channel earmarked to support poor households and took a loan of VND20 million ($870) to buy two buffalos in the reproductive stage. After three years, the buffalos enabled his family to cover the expenses of their elder daughter to continue studying at university and pay off the loan. … [Read more...] about Policy credit helps push back black credit
