As far as the types of enterprises are concerned, non-state enterprises accounted for 96% of the total number of businesses. Yet the ratio of gross profits to capital was the lowest, up an average of only 0.4 percentage point during the 2016-2018 period versus the 2011-2015 period. In contrast, FDI enterprises posted the highest rate of return, and this rate tended to be higher because of their better management, easier access to bank loans, availability of more incentives, and less impact caused by petty corruption than their local peers. … [Read more...] about Vietnamese enterprises: The evidence of inefficiency
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To attract more buyers, import groups have nevertheless released their own packages. From the beginning of April a series of imported car brand companies announced a sharp discount. Volkswagen Tiguan and Passat model cuts were being offered at around VND200 million ($8,700), the Subaru Forester was seeing discounts by agents in some regions by VND165-175 million ($7,200-$7,600), Honda CR-V buyers could grab a discount of 150 million ($3,450), the Chevrolet Colorado was being discounted by VND 92-154 million ($4,000-$6,700), and the Nissan Terra recorded price reductions by around 120 million ($5,200). … [Read more...] about Discount paradise for auto buyers
The European-Viet Nam Free Trade Agreement (EVFTA) is also expected to be approved by the 14th National Assembly in its ongoing ninth meeting. Under the agreement, tax imposed on exports from Viet Nam to EU will be eliminated as soon as EVFTA takes effect or shortly thereafter (maximum seven years). Thanks to the EVFTA, Viet Nam’s revenue from exports to the EU is forecast to surge by 44 per cent by 2030. … [Read more...] about Can Viet Nam could take advantage of new foreign investment strategies?
The video includes a list of famous beauty spots such as Phong Nha-Kẻ Bàng National Park, Gianh River, Tiên Sơn Cave, Tú Làn Cave, Sơn Đoòng Cave System, Nước Moọc Stream, Đại Giác Pagoda, Nhật Lệ beach and Ngang Pass. … [Read more...] about Music video lures tourists to Quảng Bình Province