Sunday , November 24 2024

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Cash-starved businesses remain hungry without credit access

Cash-starved businesses remain hungry without credit access

Cash-starved businesses in Vietnam have found it difficult to get loans from commercial banks because the latter’s credit quotas have been reached. High interest rates have been another major barrier. Construction company Dai Dung in Ho Chi Minh City has struggled to borrow from banks at interest rates 8-10% a …

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Four cops suspended for beating up two boys in southern Vietnam

Four policemen captured on CCTV camera in the southern Soc Trong Province brutally beating up two boys with batons and helmets have been suspended. The five-minute video, which went viral on social media Wednesday, is said to show a yard in the southern province’s Vinh Chau Town where the incident …

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14 trafficked Vietnamese women rescued in Philippines

The Philippines police have rescued 14 Vietnamese and 10 Chinese women trafficking victims from two Chinese suspects who allegedly held them captive in Paranaque City. The rescue operation was based on an intelligence report the police received about a group of women being confined in three separate units of a …

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