Vietnam’s foreign trade volume has increased in recent years as free-trade agreements are opening new market opportunities for local businesses. However, the lack of working capital and transaction banking services such as SCF partially hinders producers and suppliers, especially MSMEs, from accepting large orders or developing new relationships with their value chain actors. As a result, the share of receivables and inventory registered as movable collateral in Vietnam is just about 30 per cent, compared with 60 per cent in China and 80 per cent in mature markets globally. … [Read more...] about VIETNAM BUSINESS NEWS HEADLINES NOVEMBER 29
Disbursement for funds
“Trade and craft production links were built between local ethnic groups with five businesses and eight shops in Hà Nội and HCM City. Contracts worth a total of VNĐ2 billion ($87,000) for craft production and sale were inked between local people and those businesses,” he said. … [Read more...] about People benefit from Green Annamites Project
David Hutt said on Asia Times Financial that whether there is continuity or change to both US-Vietnam relations and Vietnam’s domestic politics is a matter of intrigue, but what is certain is that the country’s economy will likely again be the envy of the region in 2021. Hanoitimes … [Read more...] about How Vietnam weathers global health crisis and rises?
However, Son said during the pilot programme on university autonomy, shortcomings were revealed as the universities had unsustainable finances, with tuition fees still accounting for a high proportion of their revenue at about 80 percent, while earnings from research activities were modest and funding from Government had reduced sharply. Christophe Lemiere, Human Development Programme Manager of the World Bank in Vietnam, said despite the fact that Vietnam’s higher education had been improving, its quality was still lower than those of other ASEAN countries. After graduating, many students in Vietnam still lacked skills in management or technology, failing to meet the requirements of employers. Research in higher education in Vietnam was still modest, he said, adding that three ministries – Education and Training, Labour, Sciences and Technologies – were involved in higher education but they had not cooperated with each other effectively. In the pilot programme on … [Read more...] about Autonomy in higher education in Vietnam facing challenges
HCM City (VNS/VNA) - Universities have developed a variety of assistance programmes to help students access higher education, including loans, scholarships, housing and food aid. Hong Bang International University in HCM City, for instance, is cooperating with Sacombank to provide preferential loans for its students. The loan term for four years of study is 10 years. Parents and students can apply for the loan at any Sacombank branch in the country. Students can also use the bank’s credit card to pay tuition fees at Hong Bang International University. They can pay in installments at the interest of zero percent within a 24 month period. Dr Ho Thanh Phong, rector of Hong Bang International University, said: “The assistance programme is expected to help students in financial difficulties, especially those caused by the COVID-19 pandemic.” “We expect Vietnam’s young … [Read more...] about Universities offer assistance to students as tuition fees increase