Most banks have agreed to cut the lending rate for enterprises hard hit by the COVID-19 pandemic from this month until the end of this year.
Vietnam's aviation market is hoped to recover in 2023-24.
Though exports remain strong, several sectors face difficulties due to the COVID-19 pandemic and require support from the Government if they are to sustain the growth, experts said.
According to the State Bank of Vietnam’s department of credit for economic sectors, as of April credit injected into rural and agricultural development had reached VND2.3 quadrillion (US$100 billion), or 24.6% of the banking sector’s total loans.
Vietnamese movie star Ngo Thanh Van, known as VanVeronica, will be seen in part two of a US superhero film starring Charlize Theron, Kiki Layne and Matthias Schoenaerts.
The Vietnam Competition and Consumer Protection Authority (VCCA) has issued a warning to investors about the perils of investing in illegal multi-level marketing businesses run by "AI Robots".
Local telecommunications network providers have been approved to pilot several Mobile Money services next month after more than two years of waiting.
Limited market capacity and price differences between domestically produced cars and imported cars are the two biggest bottlenecks for the local auto industry, according to the latest report from the Ministry of Industry and Trade (MoIT).
The State Bank of Vietnam (SBV) and the Embassy of Switzerland recently signed a bilateral agreement for the new Swiss Bank Executive Training programme (Swiss BET) to help build the capacity of Vietnamese bank executives.
The disbursement of public investment must be sped up in the second half of this year as an important solution to accelerate economic growth amid the COVID-19 pandemic, according to the Ministry of Planning and Investment.