Vietnam ready to welcome global semiconductor and artificial intelligence companies
Vietnam is well placed to welcome and cooperate with companies and investors from around the world in the field of semiconductors and artificial intelligence (AI), said Minister of Planning and Investment Nguyen Chi Dung , during a seminar organized on October 1 in Hanoi.
Supporting businesses impacted by Typhoon Yagi
A series of support policies aimed at stabilizing the lives of the population, promoting the resumption of activities of businesses and commercial households and stimulating economic growth after the passage of Super Typhoon Yagi are being implemented by the government.
Singapore investigating nearly 100 people for illegal money lending
Singapore police are investigating 98 suspects for unlicensed money lending following a crackdown from August 19 to 23, according to a police statement.
The Camaïeu brand relaunched with great fanfare, two years after liquidation
Two years after its collapse, which made it the symbol of the decline of ready-to-wear, Camaïeu is back in the windows Thursday August 29 in Lille and in eleven other stores, relaunched by Celio, buyer of the brand but not of employees.
Retail banks look to businesses to drive credit growth
Many retail banks, which previously focused on lending to individual customers, have had to turn to businesses to achieve credit growth in the first half of 2024.
Bangladesh: New Chief Justice takes oath
The new Chief Justice of Bangladesh, Syed Refaat Ahmed, was sworn in to replace Obaidul Hassan, a loyalist of former Prime Minister Sheikh Hasina, who resigned last week following student protests, announced Sunday August 11 the presidency of the Republic of Bangladesh.
Chinese commercial banks see decline in non-performing loans
The ratio of non-performing loans of Chinese commercial banks stood at 1.56% at the end of June, compared to 1.59% at the end of March, official data revealed on Friday August 9.
In South Africa, opera is booming
Now boasting many big stars on the international scene, led by soprano Pretty Yende, opera in South Africa has experienced a meteoric rise since the abolition of racial barriers around thirty years ago, drawing its talents from choral traditions.
Tennis: Nadal is “ready to play” in singles
Nadal, whose participation in the Olympic singles tournament was undecided due to discomfort in his right thigh for several days, “is ready to play”, said Sunday July 28 David Ferrer, the team coach, on a Spanish television channel.
Everything is ready for Paris 2024, according to the IOC president
International Olympic Committee (IOC) President Thomas Bach said everything was in place for the Games as the Paris 2024 organizing committee presented its final stages of preparation to the IOC Executive Board on Saturday (July 20).
Bank loans accelerate in Ho Chi Minh City
After a decline, bank credit in Ho Chi Minh City has recovered and is expected to continue to increase for the rest of the year, as demand for funds is usually high at the end of the year, the State Bank of Vietnam said .
China to replace two giant pandas loaned to Australia
China will lend Australia new giant pandas, symbols of Beijing’s diplomatic friendships, to replace the pair of ursids whose loan contract is expiring, the Chinese Prime Minister announced on Sunday June 16.
Thailand to spend more than USD 220 million to help SMEs get loans
Thailand’s cabinet has approved a program to spend THB 8.28 billion (USD 223 million) on interest and loan guarantees to help small and medium-sized enterprises (SMEs) gain easier access to capital.
The ECB reduces its key interest rates by 25 basis points
The European Central Bank (ECB) announced Thursday June 6 that it would reduce its key interest rates by 25 basis points.
Da Nang hosts 13th ASEAN School Games
The 13th ASEAN School Games (ASG) will take place from May 29 to June 9 in the central city of Da Nang.
President Tô Lâm takes oath
Tô Lâm, member of the Political Bureau, Minister of Police, deputy of the 15th legislature of the National Assembly, was elected Vietnamese president for the 2021-2026 term, during a working session on personnel of the 7th session of the 15th legislature of the National Assembly, held Wednesday morning, May 22 in Hanoi.
Vietnamese folk songs performed at the Berlin Philharmonie
The German chamber choir Lichtenberger Piekfeine Töne presented Vietnamese folk songs at the Berlin Philharmonie.
New Singapore Prime Minister Lawrence Wong sworn in
Lawrence Wong was sworn in as Singapore’s fourth Prime Minister on Wednesday evening (May 15) at the Istana, the country’s presidential palace, in the presence of guests from all walks of life in Singapore.
IMF agreement for a four billion USD loan for Ecuador
The International Monetary Fund (IMF) has reached an agreement with the Ecuadorian government to establish an economic aid program of four billion USD over four years, the institution announced Thursday, April 25 in a press release.
Old loans must temporarily bear higher interest rates
The average interest rate for new loans from commercial banks is around 6.4 percent per year, down 0.7 percentage points per year from the end of last year.
