The campaign, which lasts until January 29th, will be carried out with various activities, such as “Tet for friends”, “Spring of sharing”, “Spring for soldiers”, and “Tet for children” in 5 outskirt districts of Ho Chi Minh City, communes building new rural areas, warm houses, dormitories, workers’ houses, and railway and bus stations. … [Read more...] about Thousands of students join Volunteer Spring campaign
Housing communities
Policy credit helps push back black credit
As of September 30, total outstanding balances from policy credit surpassed VND223.207 trillion ($9.7 billion), with nearly 6.5 million needy, near-poor households, and other policy beneficiaries still held the loans. VBSP has been carrying out more than 20 policy credit programmes where credit quality has been put at foremost importance. The rate of non-performing debts is always kept below 1 per cent of the total loan balances (0.7 per cent at present). … [Read more...] about Policy credit helps push back black credit
VBSP registers upbeat first-half performance
The lending volume during the first half reached VND42.583 trillion ($1.85 billion) which was distributed to nearly 1.2 million households that are poor, near-poor, or freshly escaped poverty, and other policy beneficiaries. Meanwhile, total collected debt volume amounted to VND29.670 trillion ($1.3 billion). Policy credit sources helped create jobs for nearly 216,000 labourers, 1,900 of whom have begun work under fixed-term contracts abroad, helping nearly 9,000 underprivileged pupils and students secure loans to continue their studies, and building 770,000 clean water and latrine facilities in rural areas. The capital source also helped build 11,500 housing units for policy beneficiaries. … [Read more...] about VBSP registers upbeat first-half performance
VIETNAM NEWS JANUARY 19
In a pre-recorded speech sent to Chinese people via the Chinese Embassy in Vietnam on the occasion of the 71st anniversary of Vietnam-China diplomatic ties (January 18), Cuong affirmed that the neighbourly friendship “both as comrades and brothers” nurtured by Presidents Ho Chi Minh and Mao Zedong and other generations of leaders has become a valuable asset of the two Parties, States and peoples, and both sides have responsibility for maintaining and promoting the relationship. … [Read more...] about VIETNAM NEWS JANUARY 19
Woman assaulted at home in Hanoi over conflict with debtor
Police in Hanoi are investigating a case where a local woman was hospitalized after being attacked by two men at her house last week following a conflict between the victim and her debtor. … [Read more...] about Woman assaulted at home in Hanoi over conflict with debtor