“Tourism service quality in Việt Nam had improved in recent years, but it has not yet attained its potential. A series of barriers remain, including traffic, food safety and slow digital transformation, while joint actions among agencies, local authorities, the private sector and State-owned industries in boosting tourism are yet to see rapid change,” Đam said. … [Read more...] about Domestic market to help tourism sector in post-COVID-19-period
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This is in line with global trends and provides a strong push for digitisation, delegates told the 2020 Việt Nam Retail Banking Forum titled ‘The role of retail banking services in promoting economic digitalisation in the post-COVID-19 period’ organised last week by the Việt Nam Banking Association and IDG. … [Read more...] about Covid-19 accelerates banking digitisation: seminar
Therefore, in the short term, consumption demand stimulus will be effective with interventions in the price of goods and services. A subsidy policy will be able to do so directly or indirectly, but its focus of attention should be placed on food and foodstuff, since the need for safe, quality food is considerable among the three income groups mentioned above. Another thing to do is to boost the accessibility of commodity groups related to housing and home appliances. For example, help may come in the form of value added tax adjustments, or direct support for businesses. In case it is necessary to offset the VAT revenue deficit, the personal income tax rate bracket can be modified, reducing the number of taxable groups and putting up the tax rate for high-income earners. … [Read more...] about Demand stimulus: where to begin?
Tuoi Tre (Youth) newspaper journalists had a chance to go aboard the ship 884 to survey the seabed in preparation for the construction of an aerial electricity grid to connect the mainland with Lai Son Island in the Pirates’ Archipelago in the western sea of Vietnam. … [Read more...] about East Vietnam Sea survey team – P1: Tidal check
“Due to its excessive mass, the bomb will be left to the discretion of the Ministry of National Defense," Chien told Tuoi Tre (Youth) newspaper, quoting the Hanoi Capital High Command. … [Read more...] about Massive unexploded bomb uncovered in downtown Hanoi