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Total of 205 traders allowed to export rice | Business | Vietnam+ (VietnamPlus)

The rice storage of Song Hau Food Company in Can Tho city. (Photo: VNA) Hanoi (VNS/VNA) - Up to 205 local traders nationwide were permitted to export rice as of January 18, following a list released by the Ministry of Industry and Trade’s Per the list, the Mekong Delta City of Can Tho saw the highest number of licensed rice exporters at 43. Ho Chi Minh City ranked second with 38 eligible rice exporters, followed by the southern provinces of Long An, An Giang and Dong Thap at 25, 20 and 18, respectively. Other localities with licensed rice exporters were Tien Giang and Hanoi with eight, Nghe An with

Gov t urged to develop legal framework for direct lending for SME development | Business

Illustrative photo. (Source: VNA) Hanoi (VNA) - The Government has been urged to develop a legal framework for the Small- and Medium-sized Enterprises (SMEs) Development Fund in terms of direct lending, in addition to trust and in direct lending services provided through commercial banks, to provide broader access to soft loans by According to the Ministry of Planning and Investment, since the fund was put into operation more than three years ago, it has helped SMEs enhance their operational effectiveness, increase profits, and create more jobs. Many firms have paid off loans early. The fund was established by the Government in 2013 with a charter

Insurance industry continues good trends in 2021 | Business

In 2021, insurance companies can reach a larger group of potential customers thanks to new exclusive bancassurance contracts signed last year and the demand for life insurance products remains good, according to the report. Experts also predict that if the COVID-19 pandemic is controlled and social distancing lifted, insurers can recover their promotion activities such as meetings and customer conferences as before. Economic recovery will also contribute to boosting non-life insurance. SSI expects GDP growth to return to 6.5 percent in 2021 as economic activity recovers. As a result, insurance in cargo, aviation and travel will be able to achieve levels as high as they reached before the pandemic.

Hanoi calls on foreign firms to invest in industrial zones | Business

Software village at Hanoi (VNA) – Politburo member and Secretary of Hanoi’s Party Committee Vuong Dinh Hue asked foreign hi-tech groups to consider investing in the city’s existing industrial zones, including the Hoa Lac Hi-Tech Park, while receiving representatives from FDI enterprises operating in the high technology industry on January 19. Hue encouraged the Kinh Bac City Development Holding Corporation ( KBC) to invest in industrial zones in Soc Son and Dong Anh districts to attract more foreign businesses. He expressed his hope that major technology groups will set up search and development (R&D) and innovation centres in Hanoi in the way the

Work on National Innovation Centre to begin soon | Sci-Tech

Design of the National Innovation Centre (Photo: baodautu.vn) Hanoi (VNA) – Construction of the National Innovation Centre (NIC), worth 740 billion VND (32 million USD), will be launched at Hoa Lac hi-tech park on the outskirts of Hanoi on January 9. The centre, covering an area of 35 hectares, is set up under the Prime Minister’s Decision No.1269/QD-TTg to support and develop the nation’s start-ups and innovation ecosystems, contributing to the growth models based on science and technology. It is expected to house domestic and international innovative businesses, laboratories, offices of large corporations, as well as working place of leading experts and scientists.

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