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Third, in concrete terms, strengthening e-commerce or diversifying customer groups could be two viable solutions. Fourth, state-owned enterprises should not be the beneficiaries of any subsidies whatsoever. SMEs need the money much more urgently. Fifth, state price controls are counterproductive and distort competition. They should be avoided in order to prevent side-effects such as black markets and the waste of resources (minimum prices) or queues and low investment (maximum prices). Sixth, social measures such as unemployment benefits are definitely appropriate to support citizens in need. Lastly, in view of the warning example of the EU, a zero-interest rate policy should never be introduced to Vietnam. … [Read more...] about BUSINESS NEWS HEADLINES APRIL 9

The local producer later helped shape underground music throughout the country by introducing and promoting fresh music that follows the latest trends occurring in the rest of the world. Other influential contributors include Soobin Hoang Son along with rappers Rhymastic, Binz, and Kimmese. … [Read more...] about Vietnamese music producer Touliver makes UK magazine headlines

Vietnam adopted a dual approach of containing and controlling the outbreak while sustaining socio-economic stability, fending off disruption. We have been resolute in safeguarding the lives and well-being of our people, even at the expense of the economy. Immediate actions have been taken to help people facing hardship, particularly the vulnerable, poor and workers, making sure that no one is left behind. All instructions of the Party, government and authorities have well resonated among our people. To date, Vietnam has managed to keep the situation under good control. Almost 50% of the cases have recovered with zero fatality. … [Read more...] about Vietnam PM tells Western Pacific Region health conference ‘concerted efforts’ will help beat COVID-19