Cities will be allowed to fully reopen their doors to tourists. However, whether they will be successful remains an open question. It is obvious that the existing services have to find ways to renovate themselves to thrive again in the coming time. This is also a time for the Government to look inside and build a new economic blueprint: evening economy. … [Read more...] about Night-time economy waits for its bright days
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Industry insiders said that because of humble punishments, companies are often willing to violate some rules to gain higher profits. The Vietnamese drug market posted turnover of $5.2 billion in 2017, according to data from London-based market researcher Business Monitor International. This was up about 10 per cent on-year and is expected to continue double-digit growth over the next five years. Moreover, Vietnam’s drug spending per capita rose by 10.6 per cent on-year to about $53 in 2018, and is forecast to rise further in the near future. … [Read more...] about Fresh rules to tackle pharma misconduct
As more consumers are pivoting to e-commerce and cashless payments, merchants have to adjust their strategies to meet the evolving demand. Merchants who emerge successfully after the pandemic will be those that have mastered the “order-payment-fulfilment” strategy; if any one part fails, the customer experience is broken. The fulfilment part of the strategy has seen the most change, with retailers having to adapt and provide new delivery, payment, and collection options. … [Read more...] about Shopping habit focus for new Visa initiative
Dat said, "People across Vietnam are joining hands to fight the COVID-19 pandemic. As an artist, I feel responsible to do something to contribute to this effort. Wearing masks, using hand sanitizer, keeping social distance... are among things we can do to help contain the virus. This is how we can show our love for the country and our fellow countrymen." … [Read more...] about Latest Coronavirus News in Vietnam & Southeast Asia on April 13
The Covid-19 pandemic came as a great shock to most economies, including Vietnam. Still, Vietnam’s resilience proves this is also an opportunity for the country to give the private sector and the domestic market more attention. The public debt-to-GDP ratio is expected to be 46.1% in 2021, on the basis of GDP revaluation, so it is quite possible to improve this ratio, especially in the context of real interest rates around 0% in developed economies, plus a high savings rate at home. However, policies such as increasing public debt and curbing inflation need to be carefully studied with data of Vietnam concerning the following two issues. … [Read more...] about Demand stimulus: where to begin?