MELBOURNE -- Australian Open tournament director Craig Tiley has confirmed the year’s first Grand Slam will go ahead from Feb. 8 despite anger from players forced into hard quarantine in Melbourne due to positive COVID-19 cases on their charter planes. … [Read more...] about Australian Open to plough ahead despite players’ quarantine anger
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Portrait of an artist on a bridge
But good fortune rarely smiles on talent. Everyone passes through difficult periods in their lives, but it seems that artists suffer even more. Those like 62-year-old Minh have to work doubly hard to overcome obstacles and pursue their passion with continued gusto. … [Read more...] about Portrait of an artist on a bridge
Private sector development to enhance FDI efficiency
Vietnam must have really strong local enterprises to have a self-reliant economy. This poses an urgent need, that is the attraction and use of FDI in the next phase must bring about qualitative efficiency, meaning that the value of the production chain in Vietnam must belong to Vietnamese enterprises. Meanwhile, the private sector currently has a dominant presence in the economy, with some 800,000 enterprises operational as of October 2020, but over 95% of them are micro, small and medium busiensses. Therefore, the concentration of all resources available (capital, including land, high-quality manpower, incentives and so on) to develop the private sector economy is an urgent need for FDI attraction in the next phase. If private enterprises remain micro, small and medium, lack capital and technology, and still face administrative troubles, Vietnam will not have sufficient enterprises big and strong enough to be able to ally and partner with foreign enterprises so as to master each area … [Read more...] about Private sector development to enhance FDI efficiency