A reader nicknamed Ly Thong commented: "The price is same but the quality gap is too big. You don’t need to be a genius to know what movie ticket you should buy." … [Read more...] about Should Vietnam’s film industry be protected?
Foreign package policy
Thuy said against the background of the global and domestic macro-economy, the overall balance of payments may remain a surplus, or in other words, foreign currency supply is still greater than demand. In particular, the element deemed to play the most important role would be foreign investment. The dynamic and healthy development of Vietnam’s economy with such driving forces as the openness of the economy, the population structure, and the process of restructuring and urbanization will continue to lure capital flows from abroad to Vietnam in various forms—from remittances to direct and indirect investment. … [Read more...] about Peacetime in sight for the dong
For his part, Massaki Yamada said projects using JBIC loans were being implemented effectively. The bank was focusing on technology transfer projects and encouraging Japanese small- and medium-sized enterprises to invest and expand their business and operations in Việt Nam, he said. He noted the JBIC was likely to arrange bigger loans for Vietnamese firms, especially those developing substantial infrastructure and energy projects. … [Read more...] about Deputy PM receives leader of Japanese bank
The second factor relates to external financial conditions. In 2020, central bankers across the globe are likely to keep their monetary policies the same as those pursued in late 2019. In such a context, continuous draconian cuts on interest rates may be out of the question. Conversely, there is a very low possibility that central banks will hike these rates. The U.S. Federal Reserve has said it will retain its rate at 1.5%-1.75% in 2020. However, if the U.S. growth falls much deeper than expected, at around 2%, Fed may reconsider its decision as it has considerably bigger leeway to do so than its counterparts in the EU and Japan have. … [Read more...] about Not too many macro fluctuations expected for 2020
And this is not to mention cases in which fertile land of farmers are bought at cheap prices and then sold to developers and businesses at much higher prices. In some cases, farming land has been revoked and left to degrade for projects that remain on paper. Such stories have caused much public outrage and cost so much time, effort and money of farmers who have been denied justice. … [Read more...] about On fertile agricultural land, Vietnam’s shooting itself in the foot