The State spends big money to build and operate schools for the gifted, but many people think it is a waste of resources. In Vinh Phuc province, students at the schools can receive VND2.2 million to buy school supplies and personal belongings and live in dormitories for free. … [Read more...] about How much money will the state pour into schools for the gifted?
State owned enterprise
Particularly, HCMC aims at having 50 percent of documents submitted for online level-3 and level-4 public services in 2025, along with 90 percent of district-level documents and 60 percent of ward-level ones. In the next 5 years, the common database of the city and the open data ecosystem are going to be linked to their national counterparts for the development of a digital government and socio-economic growth. … [Read more...] about HCMC to use digital transformation to completely renovate state operations
The central bank’s statistics showed loan payment deadlines were restructured for nearly 260,000 customers with outstanding loans worth nearly VND18 trillion (US$775.8 million). Interest rate cuts and exemptions were offered to more than 421,000 customers to the tune of VND1.3 quadrillion. Banks also provide new loans worth VND1.1 quadrillion to 240,000 customers at rates 0.5-2.5 percentage points lower than pre-pandemic. … [Read more...] about Stronger money policies might be considered to aid economic growth
In general, the province has received particular praise for its workforce training, the safety of its legal institutions, and the pioneering role of local governance, all of which are drawing attention from long-term investors. This explains why local and global giants, especially Europe and America, are keen on the province. One of the outstanding success stories is Piaggio which has two plants in the province. The other is De Heus, a high-quality European animal feed producer, one of the five largest animal feed manufacturers in Vietnam that is making extensive contributions to the agricultural development of not only Vinh Phuc but the whole country. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES JULY 7
Extending the previous importation and homologation process for six months would ensure efficient compliance by all. As re-testing each new model in each shipment is not in line with the automotive commitments in the EU-Vietnam Free Trade Agreement, we suggest one test per new model with a validity period equal to CKD models and only periodical re-testing. … [Read more...] about Rising arguments related to the implementation of Decree 116