Dr. Tran Dinh Thien, Associate Professor, Director of Vietnam Institute of Economics, made the statement at the opening ceremony of the Autumn Economic Forum held yesterday in the southern city of Vung Tau. Dr Thien also pointed out some paradoxes in the Vietnamese economy such as local banks having large amounts of money, while many enterprises complain about accessing capital. “Many outstanding problems relating to land disputes, lax management at state-owned enterprises or risks to the banking system, etc. are bringing more difficulties to the economy and people’s lives,” he said, while proposing solutions including setting out a long range development plan, removing quotas for provincial GDP growth, and providing more assistance to enterprises. National Assembly Deputy Tran Du Lich from HCM City also agreed with Dr Thien, saying that it was necessary to lower corporate income tax and help firms access credit. Dr Nguyen Dinh Cung, Deputy Director of the … [Read more...] about Forum discusses the problems facing Vietnam’s economy
State owned enterprises
China will introduce more targeted and effective measures to further reduce corporate operating costs and the country will achieve its development goals for this year, as well as the goal of building a moderately prosperous society in all respects, Premier Li Keqiang said on Thursday. … [Read more...] about Measures coming to reduce corporate operating costs: Premier
Don’t get me wrong, I’m not glorifying violence – that’s what the president of the United States is doing. And I’m certainly not calling for violence. I’m simply saying we must interrogate what we call “violence” and what we call “policy.” Many of the people yelling “violence is not the answer” about the riots in Minneapolis are the same people who wholeheartedly support America’s endless wars. Many of the people condemning the looters in Minneapolis are the same people who venerate billionaires. Loot a TV and you’re a dangerous criminal; loot a country and you’re an enterprising capitalist. … [Read more...] about If violence isn’t the way to end racism in America, then what is?
Attracting industrial investments and creating jobs is a high-priority item for the state, as it requires to boost the sagging revenues caused also by the Covid-induced revenue fall. The government’s decision to open liquor shops, against political and public protests, even while keeping educational institutions and places of worship closed owing to Covid-19, is a pointer to the pressure on the revenue front. … [Read more...] about TN’s EPS woos investments amid Covid, but is the environment friendly?
By Divya Kottadiel The ongoing COVID-19 crisis has highlighted several existing systemic gaps in services, especially to the rural poor. Inadequate healthcare infrastructure is one of them. Reverse migration has also put additional stress on an already overburdened rural health system, impacting its capacity not only in caring for those who have contracted the virus, but also other health and wellness issues in these regions. Despite an increase in electrification under Saubhagya, many health facilities are forced to function without proper electricity supply. Hospitals use diesel generators as back-up sources of power. These solutions are expensive, maintenance is difficult, and they contribute to air pollution in the area. Regular, reliable supply of power is critical in order to store much-needed vaccines and medicines, and to run life-saving equipment.According to the 2018-2019 Rural Health Statistics report, around 39,000 rural health sub-centres in the country lack electricity. … [Read more...] about OPINION: Solar innovation gives health mission a shot in the arm