Commercial banks ask for more mechanisms to support interest rate cut

Commercial banks ask for more mechanisms to support interest rate cut

Although the State Bank of Vietnam (SBV) has had the policy to reduce interest rates and extend the repayment period to support enterprises in the restoration of production and business activities, many commercial banks said that there should be more mechanisms for implementation.
Citizens in districts 7, Cu Chi, Can Gio delighted as business activities resume

Citizens in districts 7, Cu Chi, Can Gio delighted as business activities resume

On the first day after social distancing was loosened, many people in District 7 in Ho Chi Minh City had to return when they went to the market because they forgot to bring their smartphones to scan the QR code. Some eateries have reopened. However, because travel remains difficult, they cannot buy enough ingredients, so they only sell food in the morning.
Speakers at the 18th HCM City Party Committee conference, which closed on October 16 in HCM City (Photo: VNA)

HCM City’s Party Committee wraps up 18th meeting

Ho Chi Minh City has set out a plan to use the Party’s assets more effectively based on market economy principles, said Secretary of the municipal Party Committee Nguyen Thien Nhan.