This decree provides interest rate support for loans in Vietnamese đồng arising from lending activities of commercial banks to enterprises, co-operatives and business households. — Photo thoibaotaichinhvietnam.vn HÀ NỘI — The Government has officially issued Decree 31/2022/NĐ-CP on interest rate support from the State budget for loans of enterprises, co-operatives and business households. This decree provides interest rate support for loans in Vietnamese đồng arising from lending activities of commercial banks to customers that are enterprises, co-operatives and business households according to Resolution 43/2022/QH15 dated January 11 of the National Assembly and Resolution 11/NQ-CP dated January 30 of the Government. The State budget shall fully and promptly allocate funds for interest rate support for commercial banks to provide interest rate support to customers. Commercial banks provide interest rate support to ensure compliance with regulations, creating favourable … [Read more...] about Decree on 2% interest rate support package officially issued
Exchange rate vietnamese dong to canadian dollar
AMRO forecasts Việt Nam’s strong recovery amid external headwinds
Bikes produced at Thống Nhất JSC. AMRO forecasts the Vietnamese economy is expected to grow at 6.3 per cent in 2022. — VNA/VNS Photo Trần Việt HÀ NỘI — Việt Nam’s inflation is expected to be contained below 4 per cent this year while the economy is projected to grow 6.3 per cent, according to the latest report on Việt Nam by ASEAN+3 Macroeconomic Research Office (AMRO). This preliminary assessment was made by the ASEAN+3 Macroeconomic Research Office (AMRO) after its annual consultation visit to Việt Nam last week. “The Vietnamese economy is expected to grow at 6.3 per cent in 2022 and 6.5 per cent in 2023. Inflation is projected to remain contained,” said AMRO Group Head and Lead Economist Sanjay Kalra. “This positive outlook rides on strong external demand, a recovery in domestic consumption and healthy investment inflows, bolstered by an appropriate macroeconomic policy stance.” The domestic outbreak of the Omicron variant receded sharply in April 2022, and border … [Read more...] about AMRO forecasts Việt Nam’s strong recovery amid external headwinds
What’s on May 23-29/2022
MUSIC & PERFORMANCES Creative Dance – METTLER Scholarship 2 semesters: 06 Feb – 29 May, 2022 Registration link From the organizer: Mettler-based Creative Dance Scholarship program provides an introduction to the underlying principles and teaching methods used in Mettler-based Creative Dance. The scholarship is provided by Mettler Studio Inc., USA & Vietnam Dance/Movement Therapy for professional and personal development. ____________________________________________________ EXHIBITION HCMC-Exhibition: Inner Bliss 2021 – Oil on canvas – 110 x 140 cm Opening: Fri 27/05/2022, 06 pm – 09 pm Exhibition: 27 May – 25 June 2022 Craig Thomas Gallery 27(i) Trần Nhật Duật, Tân Định ward, D.1 From the organizer: Over the past two decades, Lim Khim Katy has been earnestly painting with a passion and dedication that is perhaps only fully appreciated by a few who know her very well. The entire oeuvre of works of Katy since 2002 represent, … [Read more...] about What’s on May 23-29/2022
Gia Lai Province receives 24 Japanese cherry blossom trees
A ceremony of receiving and planting 24 cherry blossom trees The ceremony is an activity in a framework of the "Meeting Gia Lai – Japan 2022" program and under events to mark the 90th founding anniversary of Gia Lai Province, contributing to tightening friendship and solidarity between the two countries. Accordingly, the People’s Committee of Pleiku City coordinated with Japan - Vietnam Exchange Center and Center for Foreign Service and International Conference to organize the ceremony. Deputy Chairman of the People’s Committee of Gia Lai Province Kpa Thuyen, Deputy Consul General of Japan in Da Nang City Shimonischi Kyoshi and Director of Japan - Vietnam Exchange Center Sho Shiratori attended the ceremony. Speaking at the ceremony, the provicial leader said that the “Meeting Gia Lai – Japan 2022” program was a significant political and cultural event of the Central Highlands province, contributing to promoting the friendly and cooperation relations between Japan with … [Read more...] about Gia Lai Province receives 24 Japanese cherry blossom trees
More favourable rule system urged for healthcare PPPs
Speakers at last week’s conference noted that dozens upon dozens of multinationals are interested in the healthcare PPP model in Vietnam. Photo: Chi Cuong At last week’s conference on the issue, hosted by VIR , Deputy Minister of Planning and Investment Tran Duy Dong said that Vietnam’s healthcare sector is facing a number of big issues, including rising infectious and non-communicable disease figures, hospital overload, and an ageing population. The pandemic has also revealed some weaknesses in the sector. “To further improve healthcare service quality and meet demand, mobilising financial resources for new development of infrastructure and medical equipment is a key requirement,” he noted. For the past five years, the government has looked to strengthen the implementation of a model for public-private partnerships (PPPs) for the public sector, including in healthcare services. However, according to VIR’s editor-in-chief Le Trong Minh, the picture of such investment in … [Read more...] about More favourable rule system urged for healthcare PPPs
Việt Nam joins US-led Indo-Pacific Economic Framework for Prosperity
Vietnamese Prime Minister Phạm Minh Chính gave the speech at the launch of the Indo-Pacific Economic Framework for Prosperity on Monday. — VNS Photo HÀ NỘI — Việt Nam will join 12 countries in the region in the Indo-Pacific Economic Framework for Prosperity (IPEF) as US President Joe Biden launches the initiative on Monday during his visit to long-term ally Japan. The formal rollout of the IPEF was held in a hybrid format in Tokyo – with US President, Japanese Prime Minister Fumio Kishida, and Indian Prime Minister Narendra Modi taking part in person, and leaders from Australia, Brunei, Indonesia, Malaysia, New Zealand, Philippines, Singapore, South Korea, and Thailand joining remotely. The White House said this economic framework with an initial 13 countries represents 40 per cent of global GDP. The future of the global economy will be largely written in the Indo-Pacific, which covers half the population of the world and more than 60 per cent of the global GDP, US President … [Read more...] about Việt Nam joins US-led Indo-Pacific Economic Framework for Prosperity
28 suspects held over largest-ever deforestation case in Vietnam’s highland province
Police in Dak Lak, a province in Vietnam's Central Highlands, have detained and levied charges against 28 local residents accused of destroying over 380 hectares of forest in a local commune. The suspects were taken into custody following an investigation which began on April 12 into the largest-ever case of deforestation in Dak Lak, local police announced on Sunday. All 28 suspects have been charged with 'forest destruction' under the Vietnamese Penal Code, and the provincial procuracy has ratified the arrest warrants and prosecutions against them. They were found to have been involved in deforestation activities in different areas of Ya To Mot Commune in the province’s Ea Sup District, with an aim to illegally occupy forest land, police said. The area of destroyed forest totals approximately 382.07 hectares, which is part of the forest areas under the management of the commune administration since 2020, according to investigators. Deforestation in Ya To Mot … [Read more...] about 28 suspects held over largest-ever deforestation case in Vietnam’s highland province
Bulgarian Culture and Education and Slavic Language Festival observed in Vietnam
May 24 is one of Bulgaria’s most important days honoring the country’s traditional and modern cultural values, honoring teachers, students, and training institutions with great contribution to the establishment and development of Bulgarian education sector. The day is also to commemorate Bulgarian brothers Kiril and Metodi who created Slavic alphabet being used by around 20 countries in the world. Speaking at the ceremony, the Bulgarian Ambassador to Vietnam Marinela Petkova affirmed the significance of the celebration of the Bulgarian Culture and Education and Slavic Language Festival in Vietnam. She emphasized the important role of knowledge, education and cultural exchange in building long-lasting friendship among countries. Evaluating the bilateral relationship, the Bulgarian diplomat said that the efforts of leaders of the two countries in maintaining political dialogues and promoting the partnership in line with their potential, demand and strengths are clear proof of the … [Read more...] about Bulgarian Culture and Education and Slavic Language Festival observed in Vietnam
Bayer enhancing sustainable alliances
A signing ceremony with the Medical Service Administration underlined joint efforts to raise public awareness on stroke prevention Speaking at last week’s conference hosted by VIR on public-private partnerships (PPPs) in the healthcare sector, Dr. Tran Thi Lan Huong, medical director of the Pharmaceuticals Division at Bayer Vietnam, acknowledged that PPPs have become a hot topic in Vietnam’s healthcare sector. “Bayer has led different initiatives to form partnerships with external parties,” Huong said. “We would like to highlight the value of innovation as well as the importance of collaborations and partnerships from both public and private sectors to better control diseases and improve healthcare services in the community.” The ongoing pandemic has triggered even much higher demands for health services and, in response, Vietnam has made efforts to urgently increase its capacity to test, trace, and treat patients while also maintaining essential health services. A wide … [Read more...] about Bayer enhancing sustainable alliances
Gia Lai seeks partnerships with Japan in agriculture, renewable energy, tourism
The Gia Lai Department for External Relations and the Japan - Vietnam Exchange Centre sign a cooperation deal at the workshop on May 22. (Photo: VNA) Gia Lai (VNA) – The Central Highlands province of Gia Lai held a workshop on May 22 to introduce its potential and seek chances for investment cooperation with Japan in agriculture, processing, renewable energy, and tourism. Ho Phuoc Thanh, Vice Chairman of the provincial People’s Committee, said Gia Lai is inviting investment to hi-tech agriculture, agricultural services, intensive processing, renewable energy, and tourism, which are among the pillars identified in its socio-economic development strategy for 2021 - 2030. Although most of local enterprises are of small or medium size, many are turning out products meeting European standards such as the Vinh Hiep Co. Ltd and the Dong Giao Foodstuff Export JSC, which were also the first of Vietnam to export to Europe under the EU - Vietnam Free Trade Agreement (EVFTA), he … [Read more...] about Gia Lai seeks partnerships with Japan in agriculture, renewable energy, tourism