Nguoi Lao Dong newspaper cited the commission’s report, noting that Vietnam Airlines Corporation (VNA) has suffered the greatest damage as all of its international flights have had to be cancelled and its domestic flights are running on a minimal schedule. … [Read more...] about State firms to continue suffering heavy losses
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I am convinced that Vietnam will emerge stronger from this crisis with a prudent monetary and fiscal policy. The role of the Vietnamese economy in the world will grow. In view of the foreseeable fall in asset prices, particularly in the EU, good investment opportunities will arise for Vietnam within the framework of the ratified EU-Vietnam Free Trade Agreement. In any case, free trade will help all participating nations to get back on their feet more quickly. So far, it seems that the current Vietnamese crisis policy can indeed serve as a role model for others. … [Read more...] about Coping with the outbreak in the Vietnamese way – a role model?
Lucio Blanco Pitlo III, a research fellow at the Asia- Pacific Pathways to Progress Foundation, said Vietnam and the U.S. considered Chinese actions as interference in Vietnam’s energy activities in the area while ASEAN made references to "serious incidents" in the South China Sea which eroded trust and confidence and may undermine regional peace, security and stability, but it stopped short of naming or condemning China. … [Read more...] about Vietnam’s comments on Chinese transgressions ‘inspiring’: foreign expert