The directive expands the list of supported localities to include four additional provinces – Khánh Hòa, Gia Lai, Đắk Lắk and Lâm Đồng – alongside central localities that had already suffered significant damage.
The funds were raised through a company-wide fundraising campaign conducted from October 14 to 16, under a matching donation programme. Every contribution made by Manulife employees and agents was matched by the company, effectively doubling the total raised for disaster...
Businesses experiencing direct impacts on production and operations may receive reductions of up to 30 per cent on special consumption tax for the year of occurrence.
Mastercard announced a partnership with Grab Vietnam, along with the support of United Nations Children’s Fund, to launch a joint initiative, “Delivery for Good” on December 15.
The Government is to roll out a VND118 trillion (US$5.2 billion) COVID-19 relief package by the end of the year, said deputy minister of finance Nguyen Duc Chi during a government meeting on Wednesday.
Generali Vietnam has launched the “Sat Canh Ben Mien Trung” (Standing Side By Side With Central Vietnam) emergency relief programme with a total fund of VND6.5 billion (US$281,000).
The Ford Motor Company Fund has recently announced that its employees and others have contributed over US$1.13 billion to COVID-19-related relief efforts around the world, surpassing its goal.
Viet Nam’s fiscal deficit (excluding debt principal repayments) would be 6.4 per cent of GDP in 2020, almost double of 3.4 per cent last year, Fitch Solutions forecast.
The State budget revenue in January – April was estimated to total VND491.38 trillion (US$21.18 billion), representing a of 5.9 per cent against the same period last year.
More than 20,000 staff at hotels and tourist accommodations in HCM City were laid off or put on unpaid leave in the first quarter of the year due to the COVID-19 pandemic.
Coca-Cola Vietnam has announced that it is suspending advertising and instead using funds from its advertising budget to support COVID-19 relief and response efforts.