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Update news Le Dang Doanh
Vietnam needs to reform its trade mechanisms while local businesses are advised to be more proactive to take advantage of the European Union - Vietnam Free Trade Agreement (EVFTA).
Human resources are vital for any country and a measure of social progress, equality, and sustainable growth.
The temporary suspension of visas for foreign arrivals to the country is anticipated to have a significant impact on the Vietnamese economy in general, with the aviation industry being particularly damaged, according to economic insiders.
VietNamNet Bridge – The International Monetary Fund (IMF) figures show that China became Vietnam’s biggest export market in 2017. The position had belonged to the US for the last 15 years.
VietNamNet introduces the second period of the roundtable talks "What is the price of swapping the environment for growth?" with the attendance of Dr. Le Dang Doanh and expert Le Quang Binh.
Regarding environmental protection, Vietnam ranked 98th out of 137 economies and 123rd for air quality. Vietnam is not an industrialized country yet but its pollution is already serious, senior economist, Dr. Le Dang Doanh, has said.
A café owner was fined VND17 million and prosecuted because he took five days to file his business registration. Luckily, the prosecution was canceled after the Prime Minister’s intervention.
VietNamNet Bridge - While the national economy is in strong recovery, inflation has been curbed and p administration reform has been simplified, the number of dissolved businesses has been increasing rapidly.
VietNamNet Bridge - Experts have pointed out that it is unreasonable to impose low tax on discouraged products such as beer while imposing high taxes on milk.