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Credit limit increase will support economy

Credit limit increase will support economy

Many commercial banks have now extended their credit growth limit for 2021. This could be the best solution offered by the State Bank of Vietnam because currently monetary policies do not have much room and the brunt of reducing lending interest rates is falling on the economy.
Stock market still attractive to investors

Stock market still attractive to investors

Currently, VN-Index has declined by about 12 percent from the peak of 1,420 points on July 2. However, experts assessed the fluctuations of the stock market in July this year to be short-term. The stock market still has many development opportunities in the long term, continuing to affirm its role as an important capital mobilization channel.
HCMC holds Covid-19 press conference to address current social issues

HCMC holds Covid-19 press conference to address current social issues

The HCMC Steering Committee for Covid-19 prevention and control on July 28 organized a press conference on social issues involved in the combination of western medicine and traditional oriental medicine for Covid-19 treatment, and the branch No. 2's lines of the Covid-19 support hotlines 1022 that has been overload with calls.
HCMC Party officials visit District 6’s quarantine, locked down areas

HCMC Party officials visit District 6’s quarantine, locked down areas

On July 28, Mr. Le Thanh Liem, member of the Standing Committee of HCMC Party Committee, Head of the Internal Affairs Committee of HCMC Party Committee and city officials visited Covid-19 patients and frontline workers at checkpoints, quarantine areas, and treatment facilities in District 6.

National

International

Vietnam welcomes US decision not to take trade action against Vietnam

Vietnam welcomes the decision of the United States Trade Representative (USTR) on July 23 not to take trade action against Vietnam in connection with the investigation into Vietnam’s currency policy, Foreign Ministry spokesperson Le Thi Thu Hang said on July 24.

Business

IIP merely increases 1.8 percent in July

The General Statistics Office of Vietnam, this morning, announced that the index of industrial production (IIP) in July merely rose by 1.8 percent over the previous month and 2.2 percent year-on-year, the lowest increase in the past seven months, except February with the fewest number of working days.

Education

University admission scores predicted high this year

University admission scores are predicted to be high for students using results of graduation exams to register into schools especially majors such as natural sciences and economics.

Science/technology

Research for a bio-technology product in SHTP Labs, the unit with many research results being successfully commercialized.

Promising future for domestic science-technology market

Deputy Prime Minister Vu Duc Dam has just signed Decision No.1158/QD-TTg regarding the program to develop the national science-technology (ST) market until 2030, which in turn will boost innovation and competitiveness of domestic businesses as well as the national economy in general.

Sports

Self - introduction

New graphene oxide, Nano silver facemask helps fight against Covid-19

The research team from Ho Chi Minh City University of Technology has successfully developed a new facemask made from graphene oxide and Nano silver. This anti-bacterial, reusable facemask can effectively prevent virus infection, which is rather useful during Covid-19 pandemic.

Travel

Law

Police take legal action against ex-leader of Binh Duong

The investigation police agency under the Ministry of Public Security on July 27 decided to take legal action against Tran Van Nam, former Secretary of the Party Committee and former Vice Chairman of the People’s Committee of southern Binh Duong province, for his wrongdoings.

Lifestyle

Livelihoods of the poor on HCMC streets via some random photos

Ho Chi Minh City has performed social distancing order, the livelihood of poor and homeless people are surely very difficult. Sai Gon Giai Phong (SGGP) Newspaper introduced to readers some random photos of photographer Nguyen Ky Anh timely captured moments about those people before the order.