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 Vietnam could take advantage of new foreign investment strategies?
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If you take a closer look into the complementarities of our two economies, greater interdependence is really a win-win situation. These positive effects will of course only materialise if the promises and obligations of the agreements are swiftly put into practice. The benefits of the agreements will depend on the level of transparency and predictability of government behaviour in contact with business. Businesspeople and investors can be shy and have options to move elsewhere. Attracting and retaining more European FDI will require reforms and streamlining of rules and procedures. Digitalisation and access from outside of Vietnam to start and accomplish these procedures could help attract more small- and medium-sized global players. VIR … [Read more...] about How the EVFTA and EVIPA will help Vietnam lure investment
Students in Thua Thien-Hue Province, central Vietnam are pictured before taking their literature test, part of the national high school exam, on August 9, 2020. Photo: Phuoc Tuan / Tuoi Tre The foreign languages can be English, French, German, Chinese, Japanese, or Russian; natural sciences are a combination of physics, chemistry, and biology; and social sciences include history, geography, and civic education. … [Read more...] about Vietnam’s national high school exam begins amidst COVID-19 epidemic
Hanoi (VNA) - Top leaders of Vietnam have extended congratulations to leaders of Singapore on the country’s 55th National Day (August 9). Party General Secretary and State President Nguyen Phu Trong sent a letter of congratulations to Singaporean President Halimah Yacob. Prime Minister Nguyen Xuan Phuc extended congratulations to his Singaporean counterpart Lee Hsien Loong. On the occasion, Deputy Prime Minister and Minister of Foreign Affairs Pham Binh Minh congratulated Singaporean Minister for Foreign Affairs Vivian Balakrishnan. Vietnam and Singapore officially set up diplomatic ties on August 1, 1973. Singapore has emerged as the biggest foreign investor in Vietnam in the first four months of 2020 with 5.07 billion USD, accounting for 41 percent of the total./. … [Read more...] about Congratulations to Singapore on National Day
The PM asked relevant ministries, departments and units to monitor the implementation of disease prevention and control measures by students, their parents, teachers and volunteers during the national high school graduation exam as well as ensure public transport services meeting increasing travel demand in these days. … [Read more...] about PM requires strict implementation of Covid-19 prevention rules in exit exam