The Saigon Times Group is a leading Vietnamese media organization with prestigious business and consumer publications. After more than two decades of development, the group has built a good reputation through four groups of publications about the economy, business, and markets in Vietnamese and one group of English publications for foreign readers.
Over 1,200 businesses in HCMC expected to cut jobs this year
In response to tough business conditions, more than 1,200 enterprises in HCMC are planning to cut jobs this year, reported the Centre for Forecasting Manpower Needs and Labour Market Information HCM City (FALMI).
Australia funds Vietnam airport planning study
The Australian Government has committed financial assistance to Vietnam for a study on the planning of four airports from 2021 to 2030.
Mekong Delta’s sand resources likely to be depleted by 2035
With 35-55 million cubic meters of sand extracted each year, the Mekong Delta’s sand reserves could be completely depleted before 2035, according to research from the World Wide Fund for Nature (WWF) in Vietnam.
Ratio of short-term capital for long-term loans to fall to 30%
Vietnamese banks and foreign bank branches in Vietnam must lower the ratio of short-term capital used to make medium- and long-term loans to 30% from the current 34%, with effect from October 1, according to the State Bank of Vietnam (SBV).
VND90 trillion withdrawn from banking system
The State Bank of Vietnam (SBV) has withdrawn nearly VND90 trillion from the banking system through six consecutive rounds of Treasury bill auctions.
HCMC monitors travelers from Nipah virus-affected areas
In response to the Nipah virus outbreak in India, HCMC authorities are taking measures to monitor individuals entering Vietnam from affected areas.