VOV.VN - The National Assembly on November 17 endorsed a Government proposal to help national flag carrier Vietnam Airlines weather the COVID-19 crisis.

Prime Minister Nguyen Xuan Phuc on November 16 presented the State President’s decision to appoint Nguyen Thi Hong as the Governor of the State Bank of Vietnam (SBV).

Non-performing loans (NPLs) among commercial banks increased sharply in the first three quarters of this year due to the adverse impacts of the COVID-19 pandemic.

Prime Minister Nguyen Xuan Phuc on October 29 ordered competent ministries, sectors, and localities to take stronger actions to speed up the disbursement of official development assistance (ODA) and foreign loans for 2020, as disbursement remains at a critically-low level.

Disbursement of World Bank (WB) loans had increased 55% year-on-year as of September 30, the Ministry of Finance revealed on October 28.

Ten out of 12 ministries and agencies have committed to completing the disbursement of foreign loans this year after adjusting down their capital plans, the Ministry of Finance has reported.

The Asian Development Bank (ADB) and Phu Yen TTP Joint Stock Company (Phu Yen JSC) on October 9 signed a US$186 million loan to develop and operate a 257 megawatt (MW) solar power plant in the southern province of Phu Yen’s Hoa Hoi, through the country’s first certified green loan.

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).

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.

VOV.VN - The organisers of the Miss Vietnam 2020 pageant held a press conference in Ho Chi Minh City on September 24, re-launching the beauty contest following its postponement due to the novel coronavirus (COVID-19) epidemic.