Economy

Moreover, economic policy that follows the fortunes of these firms would benefit not just women but all economic participants. Most obviously, monetary and fiscal policy would have an incentive to look past the headline numbers and consider how the larger statistics on GDP and unemployment are filtering down to the less advantaged. This will create a bias toward greater support during a downturn. Focusing on the health of women-owned businesses would also improve economic resilience. Women are more likely to be in economically vulnerable jobs than men, and with poorer access to finance, and businesses owned by them are at greater risk of bankruptcy because of temporary liquidity issues rather than more serious solvency issues. … [Read more...] about Is Vietnam’s economy recovering from COVID-19? Ask female entrepreneurs

As public investment is a key measure to boost economic growth, faster disbursement of public funds, including ODA, is essential, Truong Hung Long, Director of the Department of Debt Management and External Finance under the Ministry of Finance, said, adding that it also reflects Vietnam’s ability to utilize funds it receives from investors and donors. … [Read more...] about Foreign aid disbursement falls way short of 2020 target

Chair of Vinh Long Lu Quang Ngoi said the My Thuan – Can Tho Highway will help ease the overloading of Highway 1, contribute to development in the Mekong Delta, and ensure national defence and security for the cities and provinces in the region. Ngoi believes that once the My Thuan – Can Tho route opens, the number of traffic accidents on Highway 1 will decrease. The provincial authorities will apply measures to speed up site clearance so as to hand over the site to investors so they can execute the project on schedule. … [Read more...] about Highways open to traffic, clear the way to more development in Mekong Delta

Actual results, performance or events may differ materially from those in such statements due to, without limitation, (i) general economic conditions, including in particular economic conditions in the Allianz Group's core business and core markets, (ii) performance of financial markets, including emerging markets, and including market volatility, liquidity and credit events (iii) the frequency and severity of insured loss events, including from natural catastrophes and including the development of loss expenses, (iv) mortality and morbidity levels and trends, (v) persistency levels, (vi) the extent of credit defaults, (vii) interest rate levels, (viii) currency exchange rates including the Euro/U.S. Dollar exchange rate, (ix) changing levels of competition, (x) changes in laws and regulations, including monetary convergence and the European Monetary Union, (xi) changes in the policies of central banks and/or foreign governments, (xii) the impact of acquisitions, including related … [Read more...] about Allianz Risk Barometer 2021: Covid-19 trio tops global and Asia Pacific business risks

Also since 2016, we began to move into a new period. The Government and the Politburo have had guidelines to develop new policies towards economic development without affecting the environment. This is also a very important lesson for the management of natural resources and the environment. The lesson is that if we still hold the policy of developing the economy first and fixing environmental issues later, we will have to pay a very expensive price. … [Read more...] about Environment minister talks about achievements, plans for coming years