The bank’s total outstanding balance came to VND219.565 trillion ($9.54 billion) in the first half this year, up VND12.760 trillion ($554 million) or 6.2 per cent compared to end of 2019. Aside with this, the bank’s total outstanding balance came to VND219.565 trillion ($9.54 billion), up VND12.760 trillion ($554 million) or 6.2 per cent compared to the end of 2019, which was distributed to more than 6.5 million poor, near-poor households, and other policy beneficiaries. Of this, the balance from the diverse credit programmes assigned by the prime minister reached VND189.499 trillion ($8.23 billion), up VND9.495 trillion ($412 million) or 5 per cent compared to the end of 2019 and equal to 66 per cent of the plan assigned by the PM. … [Read more...] about VBSP registers upbeat first-half performance
Mekong delta tour ho chi minh
VIETNAM NEWS JANUARY 19
Every section of the 20-ha facillity in Cu Chi district tells its own story, said Director Tran Thi Tuyet Nga, citing the Hill of Eggs as an example, saying it tells a folk legend of Lac Long Quan and his wife Au Co who gave birth to a brood of a hundred eggs from which a hundred of children hatched and became the ancestors of all Vietnamese people. … [Read more...] about VIETNAM NEWS JANUARY 19
PurpleAsia wins four brand accolades at Transform Awards Asia
During the live-streamed event held at 4:00 pm ICT on January 14, PurpleAsia was honored for their contribution to four projects, claiming the Silver Award for Best Use of Copy Style or Tone of Voice for Hoiana Hotel & Suites in Da Nang, Vietnam; the Bronze Award for Best Development of a New Brand within an Existing Brand Portfolio for nanoHome under the Nanoco umbrella; the Bronze Award for Best Visual Identity from the Food and Beverage Sector for Ruby Wong at Admiral Hotel Manila, within the MGallery Collection; and a Highly Commended Award for The River Thu Thiem by Refico in Ho Chi Minh City. … [Read more...] about PurpleAsia wins four brand accolades at Transform Awards Asia
Clearing path for safer corporate bond market
Experts from law firm LNT & Partners noted in October that the outstanding amount of corporate bonds in the form of private placement (including the anticipated number of bonds to be issued) must not by five times exceed the equity of owners at the time of the issuance in accordance with the most recent quarterly financial report. Credit ratings can help issuers to secure more favourable terms including longer tenors and lower credit spread. This lowers borrowers’ cost of capital and spurs economic growth. … [Read more...] about Clearing path for safer corporate bond market
Two wind power plants to be built in Tien Giang province
Invested by Thanh Thanh Cong (TTC) Group, the 100-MW Tan Phu Dong 1 covering about 22 ha, will be built with a total investment of 4.46 trillion VND (193.88 million USD). It is projected to generate about 307.6 million kWh of electricity per year. … [Read more...] about Two wind power plants to be built in Tien Giang province