Wednesday, May 23, 2018 - 4:32:08

Viet Nam News

GDP not an ideal indicator for growth, says Nobel laureate

Business

GDP not an ideal indicator for growth, says Nobel laureate

About two years ago I read on Viet Nam News about the willingness of the Vietnamese Government to let foreign companies set up shop in Vietnam, which I think is a good idea in developing economies. In the initial stages, typically an economy doesn’t have all the skills needed for growth to get momentum.

Stop alcohol tax hikes, brewers plead

Business

Stop alcohol tax hikes, brewers plead

Taxes on alcohol and soft drinks should not be hiked again in the next few years since successive hikes in special consumption tax have had a strong impact on the market, heard a round table in Ho Chi Minh City.