Accordingly, the cases eligible for interest rate support are enterprises, cooperatives, and business households in the sectors of aviation, transportation and warehousing, tourism, accommodation, catering, education and training, agriculture, forestry and fishery, processing and manufacturing, software publishing, computer programming, and related activities, information service activities, social housing construction, housing for workers, and old apartment renovation. An interest-supported loan is a loan agreement signed and disbursed during the period from January 1, 2022, to December 31, 2023. The support interest rate for customers is 2 percent per annum. The Government requires interest rate support to ensure publicity and transparency, be provided to the right subjects and purposes, and avoid policy profiteering. By Phan Thao – Translated by Bao Nghi … [Read more...] about Enterprises, cooperatives, business households enjoy supported interest rate
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Association fulfills duties on supporting post-war UXO consequence relief
The congress was themed “Improving the spirit of solidarity, responsibility, and noble humanity, striving to build a strong association and fulfill assignments; promoting synergy, joining hands in overcoming post-war UXO consequences for a peaceful life and development.” In his opening speech, Lieutenant General Nguyen Duc Soat, Chairman of the association, emphasized that though facing various difficulties, and challenges caused by the complicated developments of the COVID-19 pandemic, as well as large-scale natural disasters and flooding, the association, under the leadership of the executive committee, standing board, and leaders of the association’s central committee, has completed all duties, with some being outperformed, meeting the scheduled programs and plans. Presenting the political report of the executive committee of the first tenure (2014-2021), Lt. Gen. Pham Ngoc Khoa, Permanent Vice Chairman of the association, highlighted the expansion of the association nationwide … [Read more...] about Association fulfills duties on supporting post-war UXO consequence relief
US-ASEAN ties to be upgraded to Comprehensive Strategic Partnership in November: Statement
Group photo of ASEAN leaders and US President Joe Biden in front of the White House at the banquet held on May 12, held ahead of the ASEAN-US Special Summit. (Photo: VNA) Washington D.C. (VNA) - The United States and ASEAN countries’ leaders have met for the US-ASEAN Special Summit in Washington on May 12-13. Following is the full text of the statement: ASEAN-U.S. Special Summit 2022, Joint Vision Statement MAY 13, 2022 WE, the Member States of the Association of Southeast Asian Nations (ASEAN) and the United States gather on the occasion of the ASEAN-U.S. Special Summit, the first-ever to be held in Washington, D.C., on 12-13 May 2022. EMPHASIZING the importance of adhering to key principles, shared values and norms enshrined in the Charter of the United Nations, the ASEAN Charter, the Declaration on Zone of Peace, Freedom and Neutrality (ZOPFAN), the Treaty of Amity and Cooperation in Southeast Asia (TAC), the 1982 United Nations Convention on the Law of the Sea … [Read more...] about US-ASEAN ties to be upgraded to Comprehensive Strategic Partnership in November: Statement
Vietnamese Americans find career, home, identity in motherland
It is not uncommon for Vietnamese Americans to return to Vietnam to start a business in their twenties or thirties. For many, this return to the motherland is more than just a chance at a new career, it is a chance to find the true meaning in life. Tony Ngo and Don Le are known for founding Everest Education, an institute in Ho Chi Minh City which offers math and English enrichment courses, test preparation, college admissions consulting, and private tutoring to students from grades 1 to 12. Born and raised in California, with an MBA from Harvard Business School and a BA from Stanford University, Tony’s first visit to Vietnam was in the summer of 2007 for an internship at TPG Capital. “After graduating, I had many questions about the culture, the market, and the transformation happening in Vietnam. I wondered if I could contribute anything,” Tony shared during a phone interview with Tuoi Tre News . “Seven years later, I decided that if I didn't do a summer internship in … [Read more...] about Vietnamese Americans find career, home, identity in motherland
Groundbreaking ceremony for the DHN Gia Lai agricultural high-tech complex
"The Complex of Agricultural High-Technology DHN Gia Lai" is in Ia Le Commune, Chu Puh District, with a total investment capital of about VND1,030 billion. The project is expected to have a land use area of about 100 hectares, including farm of 2,500 pigs, selected and imported directly from the Netherlands, pigs slaughter house, organic fertilizer factory, operation and support service area, organic farming area and green land, land for traffic and technical infrastructure, gathering area, purchasing area, preserve and pack fruits according to high quality export standards. Phase 1: The DHN Gia Lai hi-tech application breeding area has a total land area of 50 hectares, a capacity of 2,500 calves and grandparents and 25,000 gilts. This is the fourth project in the DHN High-tech Agricultural Complex in Vietnam of two corporations, specializing in the production of high-quality agricultural products in a closed chain including: Selection and Production of Swine & … [Read more...] about Groundbreaking ceremony for the DHN Gia Lai agricultural high-tech complex
Lawmakers mull creating fund for cinema development
At the Sunday preparatory session of the National Assembly, while discussing a Cinema Bill, lawmakers considered various ways to fund development of local cinema. A draft of a decree they created said the government would contribute to initially establishing a fund. Then more funding would be raised through voluntary contributions, sponsorships and other sources, it said. Finally, 3 percent would be deducted from ticket sales of foreign movies, 3 percent of film classification fees would be drawn, as would 1 percent of popular movie subscriptions, 0.05 percent of pay-TV subscriptions, 0.5 percent of revenues from advertising on film programs television, and 5 percent of post-audit fee, the decree said. Phan Viet Luong, deputy chairman of the House Committee for Culture and Education, said the fund would support the development of cinema, meeting the aspirations of the industry. Many countries have similar funds, he said. Luong said in the house that his committee is still … [Read more...] about Lawmakers mull creating fund for cinema development
Biden nominates ambassador to ASEAN
With the nomination, Biden seeks to send the message to the region in which he stressed the importance of the relationship with the 10-member bloc, calling it “critical.” US President Joe Biden on May 13 nominated Yohannes Abraham, chief of staff to the White House National Security Council, as ambassador to ASEAN. US President Joe Biden at the US-ASEAN Special Summit held in Washington, D.C. on May 13. Photos: VGP Biden announced the decision at the US-ASEAN Special Summit held in Washington, D.C., participated by leaders of the 10-member bloc leaders and the ASEAN’s Secretary General. Abraham’s nomination, which requires Senate confirmation, aims to deepen the US-ASEAN partnership that the president called “critical” and underscores the Biden administration’s commitment to the Indo-Pacific region. Abraham is a top national security staffer, serving since the first day of Biden’s administration. By appointing an ambassador to ASEAN, the US is currently … [Read more...] about Biden nominates ambassador to ASEAN
Consumer goods increase continuously, supermarkets pledge to stabilize prices
It was recorded on May 16 that at a fast food shop on Hai Ba Trung Street, District 3, the price of banh mi with ham was adjusted from VND20,000 per loaf to VND25,000 per loaf; Vietnamese pork bologna and Vietnamese rice pyramid dumplings also had new prices. The sellers said that the prices of Vietnamese pork bologna, baguette, and herbs all went up, so they were forced to raise the selling price. Although the selling price is increased, it is only to compensate for the slippage, not to make a profit. At a store in Tan Chanh Hiep Ward in District 12, specializing in selling fried Vietnamese pork bologna and Vietnamese square Northern sticky rice cakes, the prices rose by VND5,000-VND10,000 per item. For example, a one-kilogram Vietnamese square sticky rice cake costs VND80,000, an increase of VND5,000; Vietnamese pork bologna and grilled cinnamon pork paste fetch VND230,000-VND240,000 per kg, up VND10,000 per kg. Moreover, the home delivery fee is also higher than before, from … [Read more...] about Consumer goods increase continuously, supermarkets pledge to stabilize prices