The cuts came amid bank credit growth in the first quarter of only 1.1 per cent compared to 2.28 per cent in the same period last year as many businesses scaled down or stopped operations, experts said. … [Read more...] about VN ready to be world’s factory, but is the world?
The construction of the Seashell 5 Hotel was started in January 2016 when its building permit already expired. Only in January 2018 was the violation detected by the inspectorate of the Ministry of Construction. The hotel investor was reported and fined. After the investor was fined, on February 8, 2018, the management board of Phu Quoc Economic Zone issued a building permit for the construction. … [Read more...] about BUSINESS NEWS HEADLINES MAY 25
The association said that loans with low interest rates are needed for organisations in the fields of tourism, sport and culture. To help those businesses recover, reduction in land rent fees and extension of payment deadlines are needed as well. … [Read more...] about Tien Giang to support tourism businesses hit by COVID-19
While working with S&P to evaluate the sovereign credit rating in late April, the Ministry of Finance and relevant agencies presented convincing evidence about the adaptive capacity of Viet Nam’s economy, which has been clearly illustrated in the challenging global context. … [Read more...] about S&P maintains stable outlook for Viet Nam’s sovereign credit rating
Teacher Phung Thi Ngoc Hue said, “The Hoi An Culture and Sports Center and Huy Hieu Secondary School have jointly organized the class for almost a decade. Every night children come to sing and entertain tourists. Every three months, we review the course and hand out learning aids as rewards to encourage the children to come back again.” … [Read more...] about Quang region’s folk singing preserved in Hoi An