Challenges facing economic growth in 2019

Challenges facing economic growth in 2019

The ongoing trade war between US and China has lasted for nearly a year. However, its impact on Vietnam’s international trade and investment is still not clear. The movement of manufacturing enterprises from China to Vietnam is happening in parallel with many other ongoing changes. Hence, it is very hard to determine the influence of the trade war on Vietnam’s economy.

Public sector not core of economy

Public sector not core of economy

In evaluating the role and effectiveness of the public sector and its restructuring process, many experts believe that in most countries the public sector has been operating less effectively than the private sector. 
Constraints in public land revenue collection

Constraints in public land revenue collection

The annual fee collection for allocating public land or one-time payment for leasing public land currently constitutes 80% of total revenue from land, making it a very important income source for provinces. However, many constraints remain in the current public land revenue collection method.

Seafood stocks impacted by negative information of MPC

Seafood stocks impacted by negative information of MPC

The information that Vietnam’s ‘Shrimp King’, Minh Phu Seafood Company (MPC), has been accused of tax evasion in US market has impacted not only MPC’s business but also the whole seafood industry.

Flaws in current land legal framework

Flaws in current land legal framework

The 2013 Land Law has had several improvements to it such as using the government land price frame and local regulated listed price in calculating land tax and fee for normal land and also for some special cases. For other cases, it requires a different specific land valuation method. However, the loophole in the current land legal framework remains.

Collecting and recycling solutions for plastic waste

Collecting and recycling solutions for plastic waste

Plastic waste is one of the biggest and most serious environmental challenges in the world today. Hence, finding a solution to reduce plastic waste is in the interest of most countries. In Vietnam, investment in biodegradable plastic bags is being discussed to replace the currently used common plastic carry bags. However, the discussion with Huynh Thi My, General Secretary of Vietnam Plastic Association gives us a very different viewpoint of this issue.

VICEM Struggles to Privatize

VICEM Struggles to Privatize

Vietnam Cement Industry Corporation (VICEM), one of the biggest enterprises of the Ministry of Construction, has delayed several times its plans to privatize and open IPO.

Thousands took part in Novaland Expo 2019

Thousands took part in Novaland Expo 2019

During 3 days of Novaland Expo 2019 (from June 14 to 16, 2019) at Novaland Model House 26 Mai Chi Tho, District 2, thousands of customers had taken part. In the exhibition, Novaland presented new series of projects with thousands of real estate products in Ho Chi Minh City and other neighboring provinces. 

An oil tanker is on fire in the sea of Oman on June 13: Asian governments must quickly assess the threat and respond.   © AP

Asia has most to lose if Middle East turmoil hits oil supplies

U.S. President Donald Trump says he might take military action against Iran to prevent it from acquiring a nuclear weapon. But he has indicated he won't necessarily jump in to protect international oil supplies from the Middle East if they are under threat from the Islamic Republic.
Workers processing shrimp for export (Photo: SGGP)

Vietnamese firms plan penetration into potential Russian market

With the population of 143 million people, GDP per capita approximating US$17,000 a year and the increasingly developing middle class which accounts for 10-25 percent, lots of Vietnamese firms estimated that Russia is a highly potential market for Vietnamese agricultural, forestry and fishery products so they have been planning penetration into this market.