The US wants to halt Huawei's global advance. It may be too late Huawei's rise as a global tech company is under threat as an increasing number of governments express concern that its technology could be used by Chinese spies. But the US-led campaign against the Chinese company may do little more than act as a brake on growth, given the dominant position Huawei has already built in fifth generation (5G) wireless technology. It has loyal customers in emerging markets and parts of Europe, and expects to become the world's top smartphone seller by next year. "This campaign will only slow Huawei's business growth in some countries in European and Asia Pacific markets," said Charlie Dai, an analyst with research firm Forrester based in Beijing. "But I don't think it's going to retreat from any market at all in the foreseeable future." Huawei's global dominance has raised alarm bells in the United States, which has accused the company of selling products that the Chinese government could … [Read more...] about The US wants to halt Huawei’s global advance. It may be too late
Walk the tightrope
The second October 16-17 visit by U.S. Defense Secretary James Mattis to Vietnam this year attracted great attention among international experts. His first visit was in January 2018. Frequently cited Vietnam expert Carl Thayer, Emeritus Professor at the University of New South Wales at the Australian Defense Force Academy, said the trip showed that Secretary Mattis is following guidance in the U.S. National Security Strategy and the U.S. National Defense Strategy to include Vietnam in a cooperative defense network to deal with current challenges to regional security, including aggressive Chinese actions in the South China Sea. Vietnam calls the waters the East Sea. "It is clear from the U.S. National Security Strategy and U.S. National Defense Strategy that the United States views Vietnam as an important strategic partner. The recent speech by Vice President Mike Pence signaled a major shift in U.S. policy to identify and treat China as an … [Read more...] about How Vietnam can walk the tightrope of US-China tensions
The consumer price index jumped by 2.22 per cent in June and 4.6 per cent from a year earlier, a seven-year high, the General Statistics Office (GSO) reported. — Photo thoibaonganhang.vn The rest of this year is likely to be a difficult period for the economy meaning challenges for the Government in achieving the targets set for the year. The problems include a weakening of the dong against the dollar and rising inflation, interest rates and public debt, and the Government will be walking a tightrope in terms of monetary policy. The consumer price index jumped by 2.22 per cent in June and 4.6 per cent from a year earlier, a seven-year high, the General Statistics Office (GSO) reported. Inflation in the first six months of the year was up to 3.29 per cent. GSO experts attributed the sharp increase in inflation in recent months to the rise in prices of several major products and services. Of 11 major categories of goods and services, nine saw prices increasing. Transportation … [Read more...] about Trillion đồng question: to tighten monetary policy or not?
Viet Nam News By Linh Do Last month, my 16-year-old cousin from America visited Viet Nam. She had been here many times before when she was a child. Yet in this visit, as a teenager with a fully grown female body, she was in for a surprise. The girl wore scanty tank tops and very short shorts as she walked around. People stared. Intrusively. Rudely. Which made her very uncomfortable. I was at a loss, not knowing how to respond to this sexually charged cultural crossroads. The girl enjoyed wearing what she wore, it was her taste, her choice, her freedom, her right. At the same time, people couldn’t help staring either. In the West, choice, freedom and rights are often the catchwords. For about 150 years, spearheaded by Western feminism, women all over the world have been fighting for the right to be equal with men. We have gained access to education, politics and whatever sphere of life we desire. In terms of sexuality, we have made great strides. We can marry, … [Read more...] about Walking the tightrope of female sexuality
Nearly half of Vietnamese men—some 15 million people—are smokers. — Photo suckhoe.org.vn by Hoàng Anh Last week the Ministry of Health, allied with health experts and policymakers, called for an increase in the consumption tax on cigarettes. Their proposal was to have a flat-rate duty of VNĐ2,000 or US$.08 on a 20-pack of cigarettes. To give readers some context, the health ministry called for a 100 per cent increase over what is being proposed by a draft law on Special Consumption Tax, which is to come into effect in 2020 and sets the tax at VNĐ1,000 or US$.044. Taking into consideration other factors such as inflation, increase in income and purchasing power, the tiny tax proposed in the draft law is almost certainly doomed to fail its original purpose: to reduce the number of smokers. It is likely that by the time the draft law takes effect, a pack of cigarettes may cost less than what it does today in term of real purchasing power. The … [Read more...] about Tobacco control is losing ground