As the COVID-19 pandemic is predicted to linger and affect the State budget revenue as well as spending on the pandemic combat, it is necessary to flexibly combine fiscal and monetary policies to keep macro-economic stability, said Minister of Finance Ho Duc Phoc.
The Fourth Industrial Revolution is taking place around the world with a boom in digital technology, creating great opportunities for but also challenges to the development of each country, enterprise, and person.
The AXA Investment Managers Asia headquartered in Singapore recently published an article which elucidates the reasons behind Vietnam’s high ranking on economic performance and discusses the prospects for broadening the country’s position in the regional and global production ecosystems.
VietnamBriefing, a business news website on doing business in Vietnam, recently published an article highlighting the country’s special factors in attracting foreign investors compared to other regional production sites.
The report on Provincial Competitiveness Index (PCI) in 2020 acknowledged efforts in administrative reform of all 63 provinces and centrally-run cities, but the business circle still wants local administrations at all levels to further improve their transparency and accountability.
In an era of protectionism where the jitters of COVID-19 are still being felt by many economies, Vietnam is soaring to become one of the prime locations for export manufacturers, said a recent article published on the Hong Kong-based global industry analysis firm Counterpoint.
The Mekong Delta city of Can Tho has launched a project on green tourism at the Cai Rang Floating Market, one of the most-visited destinations in the region.
The Vietnamese community in Russia has a close attachment to the homeland. Founded in the 1990s, most were sent to study or work in the country, while a few have now served in its military. Despite living far away, the military men, who are usually called “Uncle Ho’s soldiers”, still look back fondly on the homeland.
With a thriving economy, stable political system, and a rich culture, Vietnam has been a secure home for not only Vietnamese but also many international friends.