Huong Diu/KieuOanh

VCN- With the rapid technological development during economic difficulties, few investment channels bring high profits, plus due to the psychology of making money quickly, many people are tending to look towards the foreign exchange market (FOREX) to "dig" and buy and sell virtual money without knowing that this space is full of traps and tricks. Authorities have warned, but the legal sanctions are not sufficient, the experience and knowledge of finance of the people are not high, so it is easy to "fall into the trap".

VCN- The Government has toldministries, agencies and localities to focus on the synchronous and effective implementation of solutions to promote production and business development, as well astimely support businesses and people affected by the Covid-19 pandemic.

VCN- Most banks have announced their third quarter financial statements with positive profit growth. However, the pressure from the economy, the rising fear of the pandemicand bad debt are causing banks to increase their risk provisions.

VCN - Although banks have promoted many measures to support credit with preferential interest rates for customers facing difficulties due to the impact of Covid-19 and the State Bank of Vietnam (SBV) has reduced the operating interest rate several times, credit growth is still slow. With positive signals of the economy, will credit grow in the last three months of the year?

VCN - The banking sector is being hit by the Covid-19 pandemic as the bad debt tends to increase. Besides, the sale of assets and debt recovery of banks has not been smooth, making it more difficult.

VCN- Nguyen Xuan Duong, Chairman of Hung Yen Textile and Garment Association, Chairman of the Board of Directors of Hung Yen Garment Corporation, Vice Chairman of Vietnam Textile and Apparel Association (Vitas) said the decrease in orders is an alarming problem for the textile industry, but the opportunity is not over.

VCN - The Covid-19 pandemic has been disrupting the global supply chain, limiting import and export activities. Therefore, domestic enterprises have sought to shift supply to the domestic market, helping production and business activities resume in the "new normal".