Vietnam’s government has reacted to the pandemic early and fiercely. Schools were closed, events were cancelled, the population was reminded to be careful, and now, borders were closed and entry to the country has been restricted. Nevertheless, nowhere in Vietnam was any sign of a similar panic to what can be seen now in the increasingly hectic European Union. After the danger had initially seemed to be ignored in the West, headlessness is now apparent. Moreover, thanks to the starving European Central Bank’s (ECB) policy of recent years, essential monetary policy instruments are now missing in the EU. This is different in Vietnam, as we shall see. … [Read more...] about BUSINESS NEWS HEADLINES APRIL 9
Gary barlow when your feet dont touch the ground
The pint-sized playmaker has given us plenty of incredible moments over the last few years, and with the COVID-19 pandemic taking football off our screens, what better time for a reminder of some of his best pieces of genius? … [Read more...] about Six moments of genius from Nguyễn Quang Hải
Football star Quang Hai selected to join #BreakTheChain campaign The Asian Football Federation (AFC) has chosen Vietnamese football star Nguyen Quang Hai to take part in the #BreakTheChain global campaign which aims to raise public awareness about basic preventive measures against the novel coronavirus (COVID-19). … [Read more...] about Six moments of genius from football star Quang Hai
Third, in concrete terms, strengthening e-commerce or diversifying customer groups could be two viable solutions. Fourth, state-owned enterprises should not be the beneficiaries of any subsidies whatsoever. SMEs need the money much more urgently. Fifth, state price controls are counterproductive and distort competition. They should be avoided in order to prevent side-effects such as black markets and the waste of resources (minimum prices) or queues and low investment (maximum prices). Sixth, social measures such as unemployment benefits are definitely appropriate to support citizens in need. Lastly, in view of the warning example of the EU, a zero-interest rate policy should never be introduced to Vietnam. … [Read more...] about Coping with the outbreak in the Vietnamese way – a role model?