The Government’s board for private economic development research (IV Board) has proposed the scrapping of pre-entry COVID-19 testing requirements for foreign arrivals to Vietnam to stimulate tourism. The proposal, which also requested the health ministry to stipulate that rapid COVID-19 tests should be conducted at the border gates only for those who display suspect COVID-19 […]
Read MoreIn a recent report of the World Bank (WB), Vietnam was among the economies that the institution sharply reduced its growth forecast indicators. In early April, the WB forecasted that Vietnam’s growth rate would be only 5.3% this year, according to the basic scenario, and even worse – 4.4%. These two rates are much lower […]
Read MoreAfter Thailand’s government allowed the re-opening of the border with Cambodia from May 1, a number of associations and private companies in the tourism sector in Cambodia, Thailand as well as Vietnam have cooperated to plan to boost the flow of tourists again. In early May, the Asia-Pacific Tourism Association (PATA) led by Thuon Sinan, […]
Read MoreThe question for Vietnam is how to become a high-income economy while increasing productivity and protecting its resources. This is the issue addressed by Manuela V. Ferro, the World Bank’s Vice President for East Asia and Pacific, in an article “To prosper, Vietnam needs to increase efficiency”. “For Vietnam to achieve the desired transformation results, […]
Read MoreBased on data about phones, electricity and shopping usage, AI can be used to give credit ratings to people. With such an application, about 1 billion people can have an opportunity to access bank capital. Solution for millions of ‘financially invisible people’ Nguyen Trang, who has an an online business in Hanoi, needs capital to […]
Read MoreMany small and medium sized enterprises (SMEs) have had to borrow money from black credit sources. According to the PCI (provincial competitiveness index) report released by the Vietnam Chamber of Commerce and Industry (VCCI), 46.85 percent of surveyed private enterprises said they had difficulties in accessing bank loans in 2021. The figure was higher than […]
Read More
Thailand
