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To improve the fund’s effectiveness, UNDP Resident Representative in Vietnam Caitlin Wiesen stressed the need to have a better understanding of the financial ecosystem for SMEs in Vietnam and a strategic role for a new lending channel to boost existing domestic funding. … [Read more...] about Gov’t urged to develop legal framework for direct lending for SME development

Along with beautiful beaches like Sam Son, Hai Tien, Hai Hoa, Tien Trang and Dong – Nghi Son, and Hon Me Islet, Thanh Hoa has been known for the Pu Luong and Pu Nhi-Xuan Lien nature reserves, Cam Luong Fish Stream, Ma Hao Falls, Voi (Elephant) Falls and May (Cloud) Falls.  … [Read more...] about Thanh Hoa: a promising investment destination

“The economy emerged from the worst of the Covid-19 downturn in the third quarter of 2020, and we think the recovery will remain intact. Vietnam has been one of the best-performing economies globally for the past decade and we expect this to continue,” said Tim Leelahaphan, economist for Thailand and Vietnam at Standard Chartered. … [Read more...] about Standard Chartered forecasts Vietnam’s 2021 GDP growth at 7.8%

Phnom Penh (VNA) – Cambodia’s Minister of Justice Koeut Rith has directed the formation of two committees to begin the process of establishing separate courts for commercial and labour disputes, Phnom Penh Post reported on January 25. According to two decision letters issued on January 21, the committees are comprised of 20 members from the justice ministry, the Supreme Council of Magistracy, government delegates, the heads of the Phnom Penh Municipal Court and Appeal Court, and some other relevant officials. To prepare for the establishment of the commercial and labour courts, these two committees’ members have been asked to prepare documentation and legal briefs to determine each court’s relationship to the lower courts and the higher courts, including the Appeal Court and Supreme Court. The committees also have to conduct a study to determine the appropriate locations for these courts as well as examine any necessary changes to trade procedures and … [Read more...] about Cambodia to have trade, labour courts by this year’s end

Before being widely publicised to seek public opinion, each written page and sentence in the drafts was considered carefully and revised numerous times, in strict accordance with the directions of Party General Secretary and State President Nguyen Phu Trong. … [Read more...] about 13th National Party Congress: Meticulous preparation of draft documents