INTELLASIA FINANCE & BUSINESS NEWS - AUGUST 25, 2021
1. Banks continually cut lending rates to aid pandemic affected customers
2. US and Vietnam aligning on monetary philosophy
3. Many bank branches closed in HCM City amid pandemic
4. Aviation business association seeks central bank's support for airlines
5. Vietnam forecast to grow by 4.8pct in 2021: World Bank
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MPI SUPPORTS DIGITAL TRANSFORMATION TO IMPROVE BUSINESS EFFICIENCY
The Ministry of Planning and Investment is developing a draft programme to support digital transformation in enterprises, cooperatives and business households for 2021-2025, to meet the practical and urgent needs of the fourth industrial revolution and tackling the pandemic.
BANKS CONTINUALLY CUT LENDING RATES TO AID PANDEMIC AFFECTED CUSTOMERS
Commercial banks have continuously announced lending interest rate reductions to support and accompany customers to overcome the adverse impacts of the COVID-19 pandemic.
US AND VIETNAM ALIGNING ON MONETARY PHILOSOPHY
The United States and Vietnam are making joint efforts to ensure market fairness and macroeconomic stability, therefore enhancing bilateral economic links with monetary and exchange-rate perspectives.
SPECIAL INCENTIVES IN PIPELINE FOR INVESTORS
The business community and investors are expected to benefit from the government’s upcoming decision offering special investment incentives, but experts said such bonanzas will need to be further clarified.
INTELLASIA FINANCE & BUSINESS NEWS - AUGUST 24, 2021
1. Are finance companies less attractive?
2. Vietnamese artists try to sell works on non-fungible token platforms
3. Vietnamese exports to Australia rise sharply
4. Ministries work on draft circular to ease congestion at seaports
5. Industrial property's prospective drives growth of Hanoi's serviced apartment
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VIETNAM TENDERS DAILY- AUGUST 24, 2021
1. Speciality automobile supply
2. Ambulance supply-bid extend
3. Equipment and Electrical Bulk Materials supply
4. Railway equipment supply-bid extend
5. Automatic wind door supply-bid extend
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SUPERMARKETS IN HO CHI MINH CITY STILL OPEN DURING SHELTER-IN-PLACE MANDATE
Supermarket chains in Ho Chi Minh City, including Satra, Saigon Co.op, AEON, and MM Mega Market, have stated their commitment to maintaining food distribution to residents by partnering with special ward-level response teams during this elevated social distancing mandate.