Women-owned businesses need more support from banks, especially in financially straitened times like these. This is gradually happening. An ADB grant funded by the Women Entrepreneurs Finance Initiative, for example, incentivises banks to restructure existing loans to such businesses hurt by the COVID-19 pandemic, and to extend loans to first-time borrowers. The grant will be disbursed through Asia Commercial Bank, BIDV, Saigon-Hanoi Bank, Tien Phong Bank, and Vietnam Prosperity Bank - all of which have volunteered for the programme. … [Read more...] about Is Vietnam’s economy recovering from COVID-19? Ask female entrepreneurs
International finance mba
BUSINESS NEWS JANUARY 19
Meanwhile, China’s rice imports are expected to bounce back due to a sharp increase in domestic price and unfavourable weather. China’s rising demand will offer a good opportunity for Vietnam, particularly given that the two countries have established a hotline to facilitate the trade of agricultural products which was disrupted by COVID-19. … [Read more...] about BUSINESS NEWS JANUARY 19
14th Shangri-La Dialogue: dialogue to build trust, transparency
The 14th Shangri-La Dialogue ended in Singapore on May 31 with a message that dialogue is needed to build trust and transparency. German Defence Minister Ursula von der Layen said this is the first time German has joined the dialogue, which gives the country an opportunity to exchange experience and learn from other countries. She highlighted that transparency and trust building is key to cooperation, adding that together with security structure and mutual benefit they are the pillars for successful partnership. Sharing Layen’s opinion, New Zealand Defence Minister Gerry Brownlee said his country attaches much importance to the maintenance of peace, stability and prosperity in the region. Therefore, New Zealand wishes to engage more closely in regional security structure through bilateral and multilateral dialogues at all levels, he said. He also expressed concern on tension-causing acts on the East Sea, stressing that his country is willing to join hands in … [Read more...] about 14th Shangri-La Dialogue: dialogue to build trust, transparency
PurpleAsia wins four brand accolades at Transform Awards Asia
During the live-streamed event held at 4:00 pm ICT on January 14, PurpleAsia was honored for their contribution to four projects, claiming the Silver Award for Best Use of Copy Style or Tone of Voice for Hoiana Hotel & Suites in Da Nang, Vietnam; the Bronze Award for Best Development of a New Brand within an Existing Brand Portfolio for nanoHome under the Nanoco umbrella; the Bronze Award for Best Visual Identity from the Food and Beverage Sector for Ruby Wong at Admiral Hotel Manila, within the MGallery Collection; and a Highly Commended Award for The River Thu Thiem by Refico in Ho Chi Minh City. … [Read more...] about PurpleAsia wins four brand accolades at Transform Awards Asia
PM welcomes Australian firms to Vietnam
With strong purchasing power, young population structure, strong Internet platform, preferential corporate tax policies of 15 per cent and a surge in FDI inflows with a total registered capital of $36 billion last year, Việt Nam is heading towards high-tech industrial agriculture and other supporting industries. … [Read more...] about PM welcomes Australian firms to Vietnam