Over the years, Vietnamese media agencies have promoted tasks to self-finance their operation as a business. Which advantages and disadvantages come from such trends in the developing media economy? For many years, with the trend of economic autonomy, press agencies must simultaneously realise the dual goal of political duties and ensuring the operation of the press as well as the livelihoods of their staff. This is a very difficult issue for many press agencies today, especially in the context of the COVID-19 pandemic. … [Read more...] about Tightening links between business and the press
News business canada
Reforms must focus on regulation inconsistencies and overlaps
VCCI’s Chairman Vu Tien Loc said that the business community was highly expectant of the Government’s new wave of reforms, making regulations stronger and more practical. The Government carried out two waves of reforms in the past five years. The first was in 2016 with the highlighted requirement that no business prerequisites were raised in decrees and the second was in 2018 with the focus on simplifying and removing business prerequisites. … [Read more...] about Reforms must focus on regulation inconsistencies and overlaps
Local airlines struggle to reposition themselves in market
According to ICAO (the International Civil Aviation Organization), effective June 16, flights to Vietnam until September 16 are not allowed to carry passengers except people entering Vietnam for diplomatic or business purposes, specialists, certain businesspeople, highly qualified workers, or those who have approval from the National Steering Committee for COVID-19 Prevention and Control. … [Read more...] about Local airlines struggle to reposition themselves in market
Petrolimex plans stock sale, divestment of State capital
Petrolimex signed a memorandum on strategic co-operation with ENEOS in December 2014. The Japanese firm has a capital of 30 billion JPY, with the number of its employees reaching 9,206 as of April 1 this year. The company accounts for 50 percent of market shares in Japan in terms of gasoline sales. … [Read more...] about Petrolimex plans stock sale, divestment of State capital
Global coffee price fluctuates, domestic price plunges
Coffee prices in the Central Highlands and the south are predicted to continue to slide downward as prices have fallen globally. Prior to that, farmers witnessed a ‘black day’ March 28, when the price fell out of the VND30,000 per kilogram threshold, selling at VND29,700 per kilogram only, a 15-year low, lower than the production cost of VND32,000-33,000 per kilogram. … [Read more...] about Global coffee price fluctuates, domestic price plunges
