Monday , November 25 2024

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British naval vessel docks in HCMC for 5-day visit

The British Navy’s offshore patrol vessel HMS Spey arrived in Ho Chi Minh City on Tuesday for a five-day visit. The visit marks the 50th anniversary of the establishment of diplomatic relations between the U.K. and Vietnam, Iain Frew, the British ambassador to Vietnam, was quoted as saying in a …

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PM orders banks to smooth credit flows to property sector

PM orders banks to smooth credit flows to property sector

Banks need to make credit easily accessible to property developers and buyers, and cut costs to reduce loan interest rates, Prime Minister Pham Minh Chinh has said. He was cited in a resolution passed at the January meeting of the Cabinet. Real estate accounts for 11% of the country’s GDP …

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