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Nguyen Duc Thanh

US-China trade deal forces firms to grow

US-China trade deal forces firms to grow

The recently signed US-China trade deal, an effort to calm trade tensions between the world’s two largest economies, will force Vietnamese businesses to grow in order to meet the challenges as well as the opportunities it brings.
Viet Nam should eliminate unfair incentives to grow the private sector

Viet Nam should eliminate unfair incentives to grow the private sector

Nguyen Duc Thanh, director of the Institute for Economic and Policy Research (VEPR) talks to Viet Nam News about the role of the private sector in the local economy and how it can develop.
Viet Nam should cut tax incentives for long term development

Viet Nam should cut tax incentives for long term development

Tax incentives had led to a decrease in State revenue in Viet Nam over recent years, said Nguyen Duc Thanh, director of the Viet Nam Institute for Economic and Policy Research (VEPR).
Some 85 per cent of VN enterprises remain outside of Industry 4.0

Some 85 per cent of VN enterprises remain outside of Industry 4.0

As many as 85 per cent of industrial enterprises in Viet Nam still lag behind Industry 4.0 revolution, and only 13 per cent are at the beginner level, one official has warned.
Global shocks pose threats to VN economy: VEPR

Global shocks pose threats to VN economy: VEPR

The Vietnamese economy faced further uncertainty due to the impacts of global shocks, according to the Việt Nam Institute for Economic and Policy Research.
Economic growth could reach 6.9% in 2019: VEPR

Economic growth could reach 6.9% in 2019: VEPR

Viet Nam’s economic growth could reach 6.9 per cent in 2019, an increase of 0.1 per cent compared to the 2019 socio-economic development plan adopted by the National Assembly, in the context that Viet Nam is benefiting from the US-China...
Property tax reduces household incomes and expenditures

Property tax reduces household incomes and expenditures

Property has been suffered a variety of taxes in the process of formation, therefore, applying an annual tax on property is unreasonable and distorting the taxation principle.
VN currency suffers from US-China trade war

VN currency suffers from US-China trade war

The Government will have to decide either to devalue the Vietnamese dong further against the US dollar to support exports and avoid cheaper Chinese goods to flood in the local market, or keep the dollar/dong exchange rate stable to avoid increased...
Impressive Q2 growth, but risks still abound

Impressive Q2 growth, but risks still abound

Viet Nam’s economy maintained impressive growth in the second quarter this year, but risks are becoming more apparent, especially threats on the exchange rate and interest rate.
Cashew producers seek more credit from banks

Cashew producers seek more credit from banks

The Vietnamese cashew sector is calling for an US$800 million credit package from commercial banks to better serve its exports, as heard at a seminar held in HCM City late last week.
Cashew nut exports rise, but processors face shortage of raw materials

Cashew nut exports rise, but processors face shortage of raw materials

Viet Nam exported 141,000 tonnes of cashew nuts for a value of U$$1.39 billion in the first five months, up 21.4 per cent and 25.3 per cent year-on-year, respectively, according toVCA.
Agricultural innovation needed for growth

Agricultural innovation needed for growth

Without a proper supply chain, Viet Nam’s agriculture may be in for a harsh winter.
First quarter growth strong, but uncertainty looms

First quarter growth strong, but uncertainty looms

Results from the first quarter show Viet Nam’s economy maintains an impressive growth momentum.
Food association unfit to lead rice sector: experts

Food association unfit to lead rice sector: experts

The Vietnam Food Association (VFA) came under heavy criticism yesterday as economic experts voiced discontent with the association’s favouritism, lax business practises and overall incompetency in the rice export sector.
Bright economy dimmed by public debt: report

Bright economy dimmed by public debt: report

Viet Nam experienced a relatively stable macroeconomic situation in 2017, in accordance with general global economic trends, but experts warned there will be obstacles to maintaining such momentum in the turbulent environment of 2018.