International experts shared experience in public debt management and gave recommendations to Vietnam at a consultation workshop in Hanoi on August 17.
The Ministry of Planning and Investment (MPI) has proposed the government provide further support for Vietnamese small- and medium-sized enterprises (SMEs), including an interest rate reduction of another 2 percentage points per year.
The strong recovery of tourism has helped businesses in the industry prosper. However, risks such as economic recession, high interest rates and interest expenses still affect corporate profits.
VOV.VN - The capital’s tourism industry benefited from the recent Blackpink concert, earning a total of VND630 billion in revenue, said the Hanoi Department of Tourism on August 4.
VOV.VN - Bamboo Airways was the most punctual airline in the country during the first five months of the year, with an on-time performance (OTP) rate of 95.6%, according to details given by the Civil Aviation Authority of Vietnam.
The hotel room occupancy rate in Ho Chi Minh City in the first half of this year stood at 64%, reaching over 92% of the level in the first six months of 2019 before the COVID-19 pandemic broke out, according to Savills Vietnam.
Inactive cash showed signs of shifting to securities as banks continue to reduce deposit interest rates to below 8% per year, expanding the liquidity of the stock market.
The latest deposit interest rates at the four major banks have simultaneously decreased to the lowest level in one year.
VOV.VN - Two Vietnamese dishes - Bánh cuốn and bò kho - have been listed among the 100 best rated breakfasts in the world, according to international food website TasteAtlas.
Politburo member, Head of the Party Central Committee's Economic Commission Tran Tuan Anh emphasised the huge potential for Vietnam to lure abundant, high-quality investment from the US at his reception for US Treasury Secretary Janet Yellen in Hanoi on July 20.