Inancial aid of us50

Mentioning bilateral ties, the two sides agreed to intensify measures to implement the outcomes of the virtual talks between the two countries’ Prime Ministers on December 21, 2020, and realise the targets and commitments in the Vietnam-India Joint Vision Statement for Peace, Prosperity and People, and the action plan for the implementation of the Vietnam-India comprehensive strategic partnership for 2021-2023./. … [Read more...] about Indian Government sends aid to flood victims in central Vietnam

Older persons living in long-term care facilities, such as nursing homes and rehabilitation centers, must be fully protected from infection and adverse outcomes of COVID-19. Those living alone may face barriers to obtaining accurate information, food, medication, and other essential supplies during quarantine period. … [Read more...] about UNFPA offers aid to support the elderly amid COVID-19

Hanoi (VNA) – The International Finance Corporation (IFC) – a member of the World Bank Group – has signed an agreement to provide another 40 million USD for the Orient Commercial Bank (OCB) to help it with the support of COVID-hit clients, especially small- and medium-sized enterprises. The one-year renewable senior loan offers OCB additional liquidity to continue lending to businesses as the bank is offering payment relief to its borrowers at the same time. OCB will prioritise clients working in sectors facing direct impact of COVID-19 like tourism and production as well as those related to disease response activities. Nguyen Dinh Tung, CEO of OCB, said COVID-19 impacts are projected to continue for a long period of time, thus difficulties facing the business community, particularly small- and medium-sized enterprises (SMEs), remain tremendous.  … [Read more...] about Additional 40 million USD for Vietnamese bank to aid SMEs amid COVID-19

Earlier this month, the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) downgraded Thailand’s economic outlook, with only 1.5-3.5 percent growth this year if the government fail to control the new wave of COVID-19 in three months. JSCCIB predicted that the country’s exports will expand by 3-5 percent this year, down from the previous estimate of 4-6 percent expansion, following the new outbreak./. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 15

Weraphon Charoenpanit, country commercial lead of Bayer Vietnam‘s crop science division, said: “Smallholder farmers play a crucial role in ensuring food security for Vietnam, but the ongoing Covid-19 situation as well as drought and saltwater intrusion have impacted their ability to grow sufficient food for their families and communities.  … [Read more...] about Smallholder farmers to get help from Bayer in twin fight against saltwater-drought, COVID-19