Nguyen xuan phuc

The State Bank of Vietnam has ordered credit institutions to roll out financial measures, namely debt rescheduling, debt deferral, and debt waivers to ease the burden on residents and enterprises facing damage from Typhoon Molave and prolonged flooding in October. … [Read more...] about Vietnam offers debt waivers for individuals, businesses affected by recent catastrophes

Typhoon Molave,which made landfall in the central region of Vietnam on October 28, 2020, is the ninth tropical storm to hit Vietnam this year. The storm follows weeks of torrential rain and landslides that have disrupted the lives and livelihoods of an estimated 1.5 million people and killed more than 130. … [Read more...] about US provides additional support to Vietnam in response to flooding

As for the upcoming tasks, the Prime Minister directed ministries, department, and provinces to focus on surmounting the consequences of severe natural disasters in the central provinces as soon as possible, quickly stabilizing people's lives, prioritizing saving lives, and not letting people get hungry and homeless. Along with that, the country should not be subjective and neglectful and should not let the disease recur. The exit and entry activities must be strictly managed at the border gates, and medical supervision must be applied for people entering the country. The PM directed to promote the program to stimulate domestic tourism, continue to clear the export to key markets and accelerate the disbursement of public investment capital, including ODA. The key provinces, especially Hanoi and Ho Chi Minh cities, need to be an example in terms of production, budget collection, and public investment disbursement. The Prime Minister entrusted the Ministry of Planning and Investment … [Read more...] about PM orders to accelerate economic recovery, striving for growth of 2.5-3 percent

Since October 6, downpours brought by storms Linfa and Nangka caused record flooding and serious landslides on a wide scale in the central region. As of October 25, the death toll during the disaster reached 130, with 18 still missing. Some 7 million people have been affected. … [Read more...] about Government provides more rice aid for central provinces

Prime Minister Nguyen Xuan Phuc met with EU investors on September 16 At a recent meeting on September 16 with Prime Minister Nguyen Xuan Phuc, Elsbeth Akkerman, the Netherlands' Ambassador to Vietnam, said that the EVFTA will be a driving force for the development of bilateral ties, creating a foundation for investment cooperation in logistics projects. “The government of the Netherlands supports this project, with the Dutch Development Bank pledging to contribute 10 per cent of the project’s investment capital.” … [Read more...] about EU investors eye $1 billion logistics hub in Vietnam