The Da Nang People’s Court has sentenced a Chinese man to death for strangling his compatriot to death and butchering her body for disposal.

National Assembly Chairman Vuong Dinh Hue has asked for stepping up the vaccine strategy with a specific roadmap and measures to achieve herd immunity, thus laying an important foundation to catch up with the global economy.

The Vietnamese Government plans to borrow more than VND1.7 quadrillion (US$73.2 billion) in the 2021-2023 period to meet the capital demand for socio-economic development, according to the public debt management plan for the next three years approved late last week.

Commercial banks have made public the sale of unsecured consumer debt for the first time in the country.

Many tourism-related firms that have borrowed from banks are facing foreclosure due to the latest outbreak of COVID-19 infections.

The State budget revenue was estimated at VND543.4 trillion (over US$23.7 billion) in the first four months of 2021, equivalent to 40.5% of the estimate and up 7.3% from a year earlier, said the Ministry of Planning and Investment (MPI).

The State Bank of Vietnam (SBV) has told financial institutions to reschedule debt repayments to help customers affected by the COVID-19 pandemic.

The COVID-19 pandemic is significantly changing the landscape of the consumer credit market as consumers tend to tighten their budget and pay more attention to healthcare, environment and lifestyle as well as switching to online shopping.

The State Bank of Vietnam (SBV) has decided to extend a policy allowing commercial banks to keep debt classifications for COVID-19 affected borrowers unchanged to help customers access bank loans.

VOV.VN - Due to the nation’s latest novel coronavirus (COVID-19) outbreak, Prof. Dr. Andreas Stoffers, country director of Friedrich Naumann Foundation in Vietnam, has been forced to cancel his Lunar New Year (Tet) plans in the south and remain in Hanoi to enjoy the capital’s festive atmosphere.