Many commercial banks continue to slash lending interest rates following an interest rate cut in July. The current lowest interest rate is 4 percent per annum.

News highlights of last week included the arrest of a major owner of mutant orchids, the capital contribution from the owner of a super-business with huge registered capital, and the 'hidden' person behind the Quang Ninh Coal Football Club.

The Indian ship INS Airavat docked at a port in Vietnam’s Ho Chi Minh City on August 30, bringing India’s medical supplies to Vietnam to assist with the COVID-19 fight.

Vietnam recorded an additional 14,224 new COVID-19 infections, including five imported cases, in the past 24 hours to 5pm on August 30, the Ministry of Health announced.

President Nguyen Xuan Phuc has signed a decision to grant amnesty to more than 3,000 prisoners.

Hanoi has so far offered financial aid worth nearly 750 billion VND (nearly 33.05 million USD) to 2.34 million disadvantaged households and people who are struggling to make ends meet because of COVID-19 impacts.

Vietnamese Meridian contingent wins bronze at Army Games 2021

The Index of Industrial Production for August has dropped by 4.2 per cent from July, and a 7.4 per cent decrease year-on-year. However, IIP for the year so far has increased by 5.6 per cent year-on-year. 

According to Vietnamese businesses, the Covid-19 epidemic has made it difficult for them to maintain production and ensure on-time delivery. The higher transportation cost is "another hit".

The strong outbreak of the fourth wave of the Covid-19 pandemic along with prolonged social distancing in many provinces and cities in Vietnam has severely affected Vietnamese businesses.

HCM City offers tax breaks to household businesses hit by COVID

Local people need to be equipped with essential skills to cope with natural disasters, especially those in the mountainous, remote and ethnic areas, as more storms and floods are expected during the rest of this year.

Vietnam posted a trade deficit of $3.71 billion in the first eight months of 2021 as the country's imports rose 33.8 percent year on year to $216.26 billion while exports raked in $212.55 billion, up 21.5%, according to the General Statistics Office.

Many Covid-19 map systems have been created to assist pandemic prevention and control, providing people with an official, centralized and intuitive information based on digital maps.

Vietnamese boxer Nguyen Thi Thu Nhi will compete for the World Boxing Organisation (WBO)'s world belt in the Republic of Korea in October, Thanh Nien (Young People) Newspaper has reported.

In addition to grading, both oral and written forms will also be used to assess students, according to the Ministry of Education and Training's (MOET) newly released Circular 22.

HCM City will allow shippers to return to work in Thu Duc City and seven districts hit hard by Covid-19, but they must undergo a Covid-19 test every morning.

BOT investors have not only faced hardship caused by the pandemic but are also struggling with obstacles stemming from the Ministry of Transport’s regulations of road toll increases and the State Bank of Vietnam’s lending policies.

Hanoi will conduct focused, large-scale testing from August 27 to September 4 with a total of about 200,000 samples by RT-PCR tests, divided into two phases.

The Vietnam Basketball Association (VBA) professional league has been officially canceled because of COVID-19.

HCM City detected 54,498 Covid-19 cases in the community through rapid tests on August 23-27.

The State Bank of Vietnam (SBV) is consulting on a draft circular for incentive policies to support firms with access to bank loans to overcome difficulties in the COVID-19 pandemic. 

HCM City plans to allocate VND4,500 billion from the city budget for 12 key irrigation projects between 2021 and 2025.

The Government has issued a resolution on the reduction of electricity bills for the fifth time for businesses affected by the Covid-19 epidemic, as proposed by the Ministry of Industry and Trade.

HCM City is implementing social security policies to help people have peace of mind in fighting against the epidemic.