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To improve the fund’s effectiveness, UNDP Resident Representative in Vietnam Caitlin Wiesen stressed the need to have a better understanding of the financial ecosystem for SMEs in Vietnam and a strategic role for a new lending channel to boost existing domestic funding. … [Read more...] about Gov’t urged to develop legal framework for direct lending for SME development

HCM City (VNA) - Famous singers and dancers of Vietnam performed in a special music programme in Ho Chi Minh City on January 25 night to welcome the 13th National Party Congress. The event was co-organised by the city’s organisation board of major holidays and the HCM City Light Music Centre. The programme, divided into three parts, featured 16 well-known songs expressing the gratitude to President Ho Chi Minh, and affirming the people’s belief in the  right directions and policies, and creative leadership of the CPV. It also praised policies of the Party and State that have created great development turning points, bringing a facelift to the country in general and HCM City in particular. The programme is considered greetings from the municipal Party Committee, authorities and people to the 13th National Party Congress with a firm belief that HCM City will become a civilized and modern city, and deserves being named after President Ho Chi Minh. In Hanoi, a … [Read more...] about HCM City holds art programme welcoming 13th National Party Congress

Along with beautiful beaches like Sam Son, Hai Tien, Hai Hoa, Tien Trang and Dong – Nghi Son, and Hon Me Islet, Thanh Hoa has been known for the Pu Luong and Pu Nhi-Xuan Lien nature reserves, Cam Luong Fish Stream, Ma Hao Falls, Voi (Elephant) Falls and May (Cloud) Falls.  … [Read more...] about Thanh Hoa: a promising investment destination

The country stands to benefit from the trade and technology tensions between the United States and China, which are expected to continue under the new U.S. administration. Significant supply-chain relocation is already underway as a result of the U.S.-China trade war. … [Read more...] about Standard Chartered forecasts Vietnam’s 2021 GDP growth at 7.8%

Phnom Penh (VNA) – Cambodia’s Minister of Justice Koeut Rith has directed the formation of two committees to begin the process of establishing separate courts for commercial and labour disputes, Phnom Penh Post reported on January 25. According to two decision letters issued on January 21, the committees are comprised of 20 members from the justice ministry, the Supreme Council of Magistracy, government delegates, the heads of the Phnom Penh Municipal Court and Appeal Court, and some other relevant officials. To prepare for the establishment of the commercial and labour courts, these two committees’ members have been asked to prepare documentation and legal briefs to determine each court’s relationship to the lower courts and the higher courts, including the Appeal Court and Supreme Court. The committees also have to conduct a study to determine the appropriate locations for these courts as well as examine any necessary changes to trade procedures and … [Read more...] about Cambodia to have trade, labour courts by this year’s end