"While the costs of undernutrition and overweight/obesity to societies and governments are well explored, the costs and risks to companies created by malnutrition in the workforce and the wider community have remained under the radar," said lead researchers Laura Wellesley, a senior research fellow at Chatham House. … [Read more...] about Malnutrition in poorer nations costs firms up to $850 bln: study
Consumer finance
Pharmaceutical groups yearn for end to VAT tangle
VAT for imported medical devices has been an unsolved issue for years. According to the MoH, it has sent documents to the MoF on several occasions, urging for a solution to help such medical device importers – however, no strong moves have been made so far. At this dialogue, VAT was once again raised amid the upcoming enforcement of the EU-Vietnam Free Trade Agreement, expected in August, urging Vietnam to make changes in prevailing rules, including taxes. … [Read more...] about Pharmaceutical groups yearn for end to VAT tangle
E-commerce in Vietnam thrives during COVID-19
The online retail of consumer goods and services had value of $11.5 billion in 2019. VECOM predicted that the growth rate of over 30 percent would continue in 2020 and Vietnam's e-commerce value would exceed $15 billion. Sagrifood, one of the fresh food suppliers on Lazada, said the number of orders last week was 40 times higher than ordinary days as it was running a sale promotion program. … [Read more...] about E-commerce in Vietnam thrives during COVID-19
