Tuesday , November 26 2024

Business

Business

Bonds, low lending interest rates key to economic recovery: experts

Government bond issuance and low bank lending interest rates will help revive the economy after the body blow it has taken from Covid-19, experts said. Vietnam needs to allocate 5.5-5.8 percent of its GDP, or VND445.76-666 trillion (US$19.46-29.07 billion) for economic recovery, according to the National Assembly Economic Committee. “Without …

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Bonds, low lending interest rates key to economic recovery: experts

Bonds, low lending interest rates key to economic recovery: experts

Government bond issuance and low bank lending interest rates will help revive the economy after the body blow it has taken from Covid-19, experts said. Vietnam needs to allocate 5.5-5.8 percent of its GDP, or VND445.76-666 trillion (US$19.46-29.07 billion) for economic recovery, according to the National Assembly Economic Committee. “Without …

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Hotels, resorts in Vung Tau to reopen after nearly six months

Authorities in Ba Ria-Vung Tau Province, home to popular tourist town Vung Tau, have allowed hotels, resorts and restaurants in low and medium Covid-risk areas to reopen from Friday. In those areas, authorities also permitted tourist spots, museums, movie theaters and religious sites to reopen. Non-essential services like karaoke parlors, …

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