Lower volume of inward remittance to Vietnam in 2020 was mainly due to impacts of COVID-19 which is plaguing countries around the world, particularly those which accommodate big volumes of Vietnamese guest workers under long-term contracts. This cash flow, however, is expected to bounce back in the following years after the pandemic impacts are lessened thanks to vaccine advances. … [Read more...] about Prospects remain bright over dented remittance inflows
Insurance income tax
Wealth inequaity increases after COVID-19
Inequality is costing lives Afro-descendants in Brazil are 40 per cent more likely to die of COVID-19 than white people while nearly 22,000 black and Hispanic people in the US would still be alive if they experienced the same COVID-19 mortality rates as their white counterparts. Infection and mortality rates are higher in poorer areas of countries such as France, India, and Spain while England's poorest regions experience mortality rates double that of the richest areas. … [Read more...] about Wealth inequaity increases after COVID-19
Vietnamese firms told to be ready for legal challenges when exporting to US
Vietnamese enterprises must be well prepared for legal issues if they seek to export to the US market, a seminar heard in HCM City last week. Tran Phu Lu, deputy director of the Investment and Trade Promotion Centre of HCM City (ITPC), said the US is Viet Nam’s largest export market and major items include seafood, textiles, footwear, and farm produce. … [Read more...] about Vietnamese firms told to be ready for legal challenges when exporting to US
What’s next for Vingroup? What is One Mount Group?
One Mount Group is rumoured to have been established by Techcombank, Masan, and Vingroup Elsewhere, Vinfast plans to launch the first electric car in the US in early 2022, and break even with its earnings before interest, tax, depreciation and amortization (EBITDA) in the next five years. … [Read more...] about What’s next for Vingroup? What is One Mount Group?
