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HCM City unveils US$517 million aid package for SMEs
Ho Chi Minh City is set to roll out a second COVID-19 aid package worth VND12 trillion (US$517 million) exclusively for small and medium-sized enterprises (SMEs).
Vietnam Rubber Group to expand tyre production via M&A
The Vietnam Rubber Group JSC (VRG) plans to invest in tyre and tube production via mergers and acquisitions (M&As) over affiliate companies of the Vietnam Chemical Group (Vinachem).
Goethe Institute launches Culture Lab
The Hanoi Goethe Institute has launched Culture Lab to support the development of the arts and artistic dialogue in a world hit by COVID-19.
Billions of banking stocks to flood market under dividend plans
Billions of banking stocks are about to flood the market with banks planning to pay stock dividends and issue new shares to raise their charter capital.
Banks target consumer loans for higher credit growth
Commercial banks are trying to boost individual consumer loans, especially to home and car buyers, since credit growth had slowed due to low capital demand from businesses.
Moon cake market competition heats up
A crowded moon cake market has caused a drop in sales for many stalls ahead of Mid-Autumn Festival.
Fuel prices might be adjusted three times per month
Fuel prices may be reviewed and adjusted three times per month instead of two as currently, according to the latest version of a draft decree amending Decree No 83 on petrol and oil trading.
Improving sentiment lifts emerging East Asian bonds
The improvement of global investment sentiment and financial conditions has provided a much-needed lift for local currency bond markets in emerging East Asia, including Vietnam, despite risks from the COVID-19 pandemic, according to the latest issue of the Asian Development Bank’s (ADB) Asia Bond Monitor.
Bright prospects for fisheries sector in final quarter
The COVID-19 pandemic could provide a good opportunity for the Vietnamese fisheries sector to increase its share in oversea markets, especially with foreign rivals engulfed by lockdowns or other forms of restrictions, experts have said.
Air transport ground service firms stand out amid pandemic
Since the first coronavirus cases were detected in Vietnam in March, the outlook for air transport-related stocks has remained negative.