Nguyen Van An, deputy director of Danang City’s Department of Labor, Invalids and Social Affairs, said many local employers had failed to pay the salaries of their staff after the Covid-19 pandemic, but shunned the aid due to the low credit limit and time consuming procedures. … [Read more...] about VN central bank’s VND16 trillion aid receives lackluster response from employers
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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 development of our country in the next five years will embrace the profound effects of the fourth Industrial Revolution, a thriving digital economy, and global competition right in Việt Nam. Natural resources are increasingly becoming more limited, the ecological environment is at risk of pollution, intellectual property disputes are becoming harsher, and innovation is the foundation for competition on each product. Demand for personal consumption and demand for better living conditions have increased. … [Read more...] about Science and technology one of the country’s major policies: official
