How politics affects business

Amid the COVID-19 pandemic, the effort to preserve the industry’s OTP rate at 90.9 per cent, up 4.5 per cent compared to the same period in 2019, is a bright signal of service improvement by domestic firms. In addition, thanks to Viet Nam's effective control over the pandemic, the domestic aviation industry has shown its ability to recover quickly. As in December 2020, the total number of flights across the industry has reached nearly 20,000, only 34 per cent less than the same period a year earlier. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 17

“Just a month ago, the Prime Minister said the Government was committed to maintaining stable prices for public services and basic amenities such as electricity in the last half of 2018, and now the Government has proposed an increase to the environmental tax, which in turn, would lead to an increase in the price of commodities,” Nguyễn Văn Giàu, chairman of the NA External Relations Committee, said at the meeting. … [Read more...] about NA Standing Committee delayed voting on environmental tax hike proposal

The UN Human Rights Council's UPR mechanism was established in 2008 and is one of the outstanding successes, built on the principles of transparency, fairness, non-discrimination, promoting dialogue and cooperation between countries. With a consistent policy on the protection and promotion of human rights, Vietnam attaches special importance to and always fully and seriously implement its obligations and commitments in line with UPR mechanism, including the implementation of approved UPR recommendations. During cycle three, Vietnam received 291 recommendations from 122 countries and accepted 241 of them. On December 31, 2019, the Vietnamese Prime Minister approved the Master Plan to implement UPR recommendations cycle three, which Vietnam approved in Decision No. 1974/QD-TTg.  … [Read more...] about Vietnam promotes and protects human rights in Covid-19 epidemic