Local support

Therefore, developing support industries will spur the growth of Hanoi’s industries such as electricity, electronics, automobile and motorcycle assembly, manufacturing engineering and high-tech industries. In the first nine months of 2020, despite the heavy impact of the Covid-19 pandemic, Hanoi’s manufacturing and processing sectors grew four percent. Support industries for sectors such as automobile, motorcycle, electricity and electronics had a significant contribution to this growth. … [Read more...] about Hanoi promotes growth impetus for support industries

By connecting global expertise with local insights and partners, Better Life Farming offers advanced agricultural practices, seeds, precision irrigation, crop protection, finance, insurance, digital technologies, and access to markets, each customised to fully address smallholders’ needs at scale.  … [Read more...] about Bayer in private sector alliance to support coffee smallholder farmers

At the signing ceremony At the twinning ceremony, chiefs of the two localities signed a memorandum of understanding (MoU) and agreed on the collaboration in the time to come, following the foreign policies of the two Parties and the two States as well as the agreements on border issues signed by the two countries. … [Read more...] about Vietnamese and Lao border localities twinned

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

This comes after the Ministry of Health sent a dispatch to the Ministry of Agriculture and Rural Development, the Ministry of Industry and Trade, and the People's Committees of various provinces and cites in late November to order to test samples of imported food packaging. This is aimed at checking items brought in from countries with large novel coronavirus (COVID-19) outbreaks in an effort to stop any potential exposure to the virus. … [Read more...] about VIETNAM NEWS JANUARY 15