Vietnam banking sector

The State budget spent about 18 trillion VND (779.69 million USD) implementing social assistance policies for the elderly in the community. Specifically, more than 1.8 million elderly people received monthly allowances, over 1.4 million enjoyed allowances as national contributors, and 3.1 million are enjoying pensions and social insurance benefits. In addition, 12.1 million senior citizens currently have health insurance cards. … [Read more...] about VIETNAM NEWS JANUARY 18

In the field of instrumental music, authors focused on the topics of history, revolutionary war, love of the country, the nationality and the combination of traditional and modern music while the "vocal music" area saw a larger number of entries than last year, and the “children’s song” sector got many best compositions, said musician Do Hong Quan, Chairman of Vietnam Musician's Association. … [Read more...] about 2020 Vietnam Musicians Association Awards honors veteran composer’s show

By November last year, the total output and value of live market cows and bulls imported to Vietnam were more than 500,000 heads (of which, 91 percent were cows), with a turnover of US$556 million; cool cattle meat reached 1.5 million kilograms; frozen meat reached 80 million kilograms. Amid the current situation, the State, as well as localities, has issued many policies to encourage and boost the development of livestock farming to increase domestic beef production. Especially, the livestock development strategy for the period from 2021 to 2030, with a vision for 2045 to develop livestock production, in general, and beef cattle, in particular, has been approved. Accordingly, the agricultural sector will maintain an average growth rate of 1 percent per year for the period from 2021 to 2030 and an average increase of 6 percent per year of beef production, and raise the proportion of large muscular breeds to above 70 percent of the total herd. Along with that, the strategy will … [Read more...] about Agricultural sector aims to increase domestic beef production

Hanoi (VNA) – The resort city of Da Lat in the Central Highlands province of Lam Dong aims to welcome more than 4 million visitors, including 150,000 foreigners in 2021, according to the provincial Department of Culture, Sports and Tourism. In 2020, the city’s tourism sector was affected by the COVID-19 pandemic and it failed to meet its goal of serving 7.8 million visitors, including over 580,000 international tourists. Only 4 million vacationers, including 120,000 foreigners, visited Da Lat last year, down 44 percent from 2019. The city saw the arrival of around 70,000 holiday-makers during the three-day New Year 2021 holiday, signalling positive signs for the city’s tourism sector in the coming year. Lam Dong province now has more than 2,540 accommodation facilities with over 29,400 rooms, 47 travel companies and transport providers./. … [Read more...] about Da Lat aims to welcome more than 4 million visitors in 2021

With the current trading band of +/-3 percent, the ceiling rate applied to commercial banks during the day is 23,835 VND/USD and the floor rate, 22,447 VND/USD. … [Read more...] about Reference exchange rate up VND5 at week’s beginning