Deputy Governor Dao Minh Tu of the SBV said that as the liquidity of the banking system is currently abundant and banks do not lack capital, commercial banks are not allowed to raise interest rates, even mobilizing interest rates. If necessary, the SBV will adjust the benchmark interest rate, thereby indirectly helping banks to lower interest rates to support enterprises during the Covid-19 outbreak. He also noted that the whole banking system needs to ensure activities to happen normally. Commercial banks need to implement solutions, such as restructuring debts, outstanding loans, and repayment period and considering to lower interest rate. Currently, several banks have joined in helping enterprises affected by the Covid-19. Vietcombank cut interest rate by 1-1.5 percent per annum for credit outstanding balance in Vietnamese dong, depending on term; by 0.5-0.75 percent per annum for credit outstanding balance in US dollar; by 1 percent per annum for new loans in Vietnamese dong and … [Read more...] about Banks offer preferential interest rates for enterprises affected by Covid-19
Short term bonds 6 months
Andes studied graphic arts at the Esaat Upper School Applied Arts and Textile in Roubaix, France, and attended short-term courses on painting and printing at the National School of Visual Arts of La Cambre and the Royal Academy of Fine Arts in Brussels, Belgium. He took part in several artistic residency programmes in France, Brazil and South Korea, including the Villa Saigon artistic residency programme initiated by the French Institute in 2016, 2018 and 2019. … [Read more...] about French artists host art exhibition at Galerie Quynh
“Les préparatifs” (Preparation), a drawing by French artist Francois Andes (Photo courtesy of the organizer) Andes and Carvalho raise questions about the evolution of man’s relationship to nature, especially to the ecosystems of watercourses and forests. … [Read more...] about French artists host art exhibition in HCM City
The 28-year-old, who holds dual citizenship in the U.S. and Vietnam, netted five goals last month alone, and a total of 18 during the season, which is fourth most in the MLS and the most ever by a pure midfielder in the U.S.’s highest-level football (soccer) league. … [Read more...] about Why couldn’t Lee Nguyen have high-flying career in Vietnam as in MLS?
Bayer’s short stature corn is expected to provide environmental sustainability benefits through a transformational shift in crop management flexibility. Because it is several feet shorter than today’s hybrid field corn, the product concept allows farmers to have better in-season crop access for precision applications of inputs, such as nitrogen, which can be made when the plant needs them the most. Some short stature corn hybrids can also be planted closer together, enabling the production of more corn on the same amount of land and potentially reducing requirements for land and water. … [Read more...] about Bayer driving sustainable agriculture with industry-leading pipeline