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Nguyen Trong Hieu, deputy head of the Institute of Business Studies and Development, said though the fund could not lend to more than 5 percent of the total number of SMEs in the country, it is still a major step in supporting startups, which are struggling to access bank credit. … [Read more...] about Banks out of loop, government fund to lend directly to startups

Despite this, ROS closed at VND3,500, far below its VND12,600 IPO in 2016 and a high of VND178,000 in late 2017. The ticker has been plummeting since early 2018 as a result of increasingly poor business performance, and is now the smallest capped ticker on the VN30. … [Read more...] about VN-Index sees biggest foreign net sell in eight months

HCM City (VNA) - The recently-signed Regional Comprehensive Economic Partnership (RCEP) agreement will create opportunities for Vietnam’s agricultural products to extend their reach in the region and the world, experts have said. Le Duy Minh, President of the Vietnam Farms and Agricultural Enterprises Association, told a meeting in Ho Chi Minh City on January 15 that the agriculture sector has been integrating intensively and extensively into the world but also faces considerable difficulties and challenges, including the impact of the COVID-19 pandemic, climate change, trade disputes between major economies, and an increase in technical barriers in many countries. Vietnam signed a number of important economic deals in 2020, heralding a new era of economic integration with opportunities to expand export markets and attract more domestic and foreign investment. Among the deals, the RCEP, which gathers together 10 ASEAN countries and five partners (the Republic of Korea, China, … [Read more...] about RCEP to help farm produce expand presence in global markets

On December 13, 2018, the Prime Minister issued Decision 1740/QD-TTg approving the target program. Seventeen communes, with 9,890 villages and 1.05 million households expected to benefit. Specifically, until 2020, the program hoped to supply stable power services to households in the areas from the national power grid, new and renewable power resources with a target of giving power access to almost all rural households. … [Read more...] about Over 870.000 households to access electricity in 2021-2025

Edwardo Erni, Managing Director - China and North Asia of Kerry Logistics Network, said, "There is enormous potential and development prospects in the chemical logistics market. The completion and opening of the Cangzhou logistics centre will allow us to provide professional chemical supply chain consolidation services to our customers in the Beijing-Tianjin-Hebei Region. It will give support to our customers' national and regional framework and consistently optimise supply chain networks to raise the autonomy of the chemical industry supply chain." … [Read more...] about Kerry Logistics Network Opens Chemical Logistics Centre in Cangzhou China To Capture Market Potential in Chemical Logistics