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Dang Hoang Hai Anh, senior economist of the World Bank in the United States, concurred that the domestic purchasing power is a crucial factor. He stressed that before the coronavirus outbreak, an economic growth model based on the domestic purchasing power had been tabled for discussion globally. For Asian nations such as Vietnam where saving rates are high among the local people, efficiently exploiting such sources of capital could help restore the purchasing power. While focusing on the domestic purchasing power, the Government and enterprises would need to include more measures to boost consumption. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 16

It can be said that Vietnamese enterprises have never engaged in a bigger playground. However, to materialise opportunities generated by the agreement, To Hoai Nam, General Secretary of the Vietnam Association of Small-and Medium-sized Enterprises (VINASME) suggested businesses study the current regional and global supply chains to evaluate the impact of the pact on future business models.  … [Read more...] about RCEP: local enterprises stepping firmly forward

Last year, Thanh Hóa finished third in the group of relegation. While in 2019 V.League 1, Thanh Hóa scored a league record by employing three consecutive coaches in one season. They parted ways with Spanish coach Fabio Lopez, then replaced coach Nguyễn Thành Công with another domestic manager, Mai Xuân Hợp. … [Read more...] about Thanh Hóa ready for V.League 1 under coach Ljupko Petrovic