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Legislature approves stimulus package to boost recovery
The National Assembly has approved an economic stimulus package that involves cutting value added tax by 2 percentage points and pumping VND176 trillion ($7.75 billion) into development.
Multiple sources can be tapped for Covid-19 stimulus package: experts
Fiscal and monetary policies, bonds and robust public investment are factors that make feasible the mobilization of funds for a stimulus package, experts say.
Vietnam to lower lending interests via cash influx
The central bank is set to issue VND3 trillion ($131.65 million) to banks so that they could lower their interest of VND100 trillion worth of loans to boost economic recovery.
September 28, 2021 | 05:30 am PT
Red tape slows salary disbursement
A mere 2 percent of a VND7.5 trillion ($328.4 million) salary support package for Covid-affected workers has been disbursed after a month due to red tape.
August 19, 2021 | 10:58 pm PT
