Vietnam banking sector

Located in South America, Venezuela has great potential for agricultural development which has yet to be fully tapped into. The Venezuelan Government is ready to offer great incentives to Vietnamese enterprises who are willing to invest in production and business activities in this field. Indeed, each year sees Venezuela import a large amount of food to serve domestic needs, with its rice volume standing at roughly 500,000 tonnes per year. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES AUGUST 15

As schools worldwide seek to put in place safety measures that allow them to reopen, the latest data from the WHO/UNICEF Joint Monitoring Programme (JMP) reveals that 43 percent of schools around the world lacked access to basic handwashing with soap and water in 2019 – a key condition for them to be able to operate safely in the midst of the COVID-19 pandemic. … [Read more...] about 2 in 5 schools globally lacked basic handwashing facilities before COVID-19: UNICEF, WHO

Bangkok (VNA) – The Thai cabinet on August 13 agreed to establish a centre to address the economic situation heavily battered by the COVID-19 outbreak. The economic situation administration centre, tasked with working in the same way as the Center for COVID-19 Situation Administration (CCSA), will be chaired by Prime Minister Prayut Chan-o-cha. The secretary-general of the National Economic and Social Development Council (NESDC) will be the center's secretary. The centre's main focus is to promote Thailand's economic rehabilitation from the pandemic crisis. It will take charge of proposing solutions to tackle economic problems and supervise the government's economic rehabilitation efforts. The centre will comprise 22 committees with representation from all economic ministers, the interior and labor ministries, the Bank of Thailand's (BoT) governor and the heads of three large private-sector organisations. Prime Minister Prayut said that the COVID-19 pandemic has taken an … [Read more...] about Thailand creates new economic centre to recover COVID-19-hit economy

Meanwhile, Deputy Director of the HCM City support industry development centre Le Nguyen Duy Oanh said there are not many opportunities for businesses in the field due to their limited capacity and low workplace skills. It is also difficult to manufacture diverse products due to a lack of technology. … [Read more...] about Support industries struggling with COVID-19

Foreign traders continued their selling. On the HoSE, foreign investors net sold VND208 billion on Friday, up 61 per cent compared to the net selling value in the previous session. They have been net sellers for six consecutive sessions on HoSE with a total value of up to VND832 billion. … [Read more...] about Shares decline on foreign selling