Thirdly, Viet Nam should not compete with other countries to court more foreign capital by only offering investment incentives, as this can distort resource allocation and will not have a meaningful impact in the long run. The country will be more attractive to foreign investors if it can correct its weaknesses and shortcomings, such as improving the capacity of capital absorbency, perfecting logistics infrastructure, upgrading workers’ skills and ability, and reforming institutions. … [Read more...] about Can Viet Nam could take advantage of new foreign investment strategies?
Fidelity investments offers
An illustration of a Bitcoin on June 23, 2017. Local residents should be cautious about people calling for investments in cryptocurrencies to avoid being swindled - PHOTO: REUTERS HCMC – A former top police official asked local residents to stay clear of persons calling for investments in cryptocurrencies to avoid being cheated, as drives to mobilize capital for the crypto business are unlawful in Vietnam. … [Read more...] about Calling for cryptocurrency investment is illegal: official
Based on its current business operations and financial position and a possible V-shaped recovery in global markets in the second half of 2020, MSR targets net sales of VND8-9 trillion ($343.6-386.5 million) and net attributable profits of VND200 -500 billion ($8.58-$21.45 million), representing a minimum increase of 70 per cent in sales and a reduction of 57 per cent or increase of 42 per cent in profits. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES JULY 5
Mai Tien Dung, Chairman of the Government Office and Chairman of the Advisory Council for the Administrative Procedure Reform, acknowledged the EuroCham's efforts in releasing the Whitebook 2020, adding that the publication substantially reflects the aspirations of the European business community to further enhance the business environment in Vietnam. Dung stated that the country has been able to successfully curb the spread of the COVID-19 and has entered into a new normal period, with the dual aim of realising goal of epidemic control and economic recovery. Despite its economic growth forecast for the year being only between 2.7% and 4.9%, international organisations consider Vietnam to be one of the few countries likely to achieve positive growth after suffering from less of an impact caused by the epidemic when compared to many other countries. … [Read more...] about EuroCham executive believes golden chance lies ahead to implement EVFTA
I understood Mai completely since my mom has raised me in a similar way. The age gap between my mom and me is about 40 years. Considering the social role of women in a male-dominated culture many years ago, I very much understood why my mom swore by this perception and passed it on to me. … [Read more...] about “Men make houses, women make homes”: is this relevant today?