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FDI and a transient economy

FDI1106In view of the way and motivation for foreign direct investment (FDI) attraction at the start, there is a complete difference between China and Vietnam. China has a pro-active, long-term and systematic approach to FDI while Vietnam seems to take it as a temporary solution.

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Manage e-commerce business tax: Have to amend lots of regulations for resolving to the very roots of problems

ecommerceThe tax management of e-commerce business is still a thorny problem for tax authorities to solve. In order to solve problems, it must have specific regulations related to laws along with specific sanctions.

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Rediscovering a Moral and Economic Case for Free Trade

cangbiensaigonIn our new paper, “Traders of the Lost Ark,” my Competitive Enterprise Institute colleagues and I attempt to articulate a strong moral and economic case for free trade. Free trade has long been one of CEI’s core issues, and we felt it necessary to restate the case given current policy disputes. Those disputes, we believe, have lost sight of what trade is and why we engage in it, and in so doing will lead to the infringement of liberty and great economic harm.

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Realizing Globalization’s Innovative Potential

toancauhoaThe diffusion of knowledge and technology worldwide in recent decades has brought important changes to the global innovation landscape. But those changes could be much more profound if countries created more supportive investment environments.

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Is free trade always the answer?

cangbienhcmAs concerns over Donald Trump’s import tariffs intensify and ministers renegotiate Britain’s trading relationship with Europe, the postwar consensus towards ever-closer economic cooperation between wealthy nations is being unpicked.

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Whither, or Wither, WTO?

WTO-1200Today’s pun is contained in the title, and it relates directly to the World Trade Organization’s future. Does it have one? What is it? If there’s a choice in the matter, how can we influence the outcome?

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Vietnam should take action to prevent external economic shocks

detmay1505The global economy is becoming uncertain and unpredictable while the Vietnamese economy is increasingly open in terms of capital flows, trade and prices. This fact requires Vietnam to remain steadfast in maintaining macroeconomic stability and enhancing the capacity to deal with external shocks.

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Vietnam and Israel: The First 25 Years

VietNamIsraelIsrael and Vietnam just marked their first 25 years of diplomatic relations. There is strong potential for further economic and diplomatic improvement that could provide significant benefits to both sides.

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Socio-Cultural Community has special position in ASEAN Community

daongocdungThe ASEAN Socio-Cultural Community (ASCC) has proven its special position in the building of the ASEAN Community, Minister of Labour, Invalids and Social Affairs Dao Ngoc Dung wrote in an article on the occasion of the 51st founding anniversary of the Association of Southeast Asian Nations (ASEAN).

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The financial sector is steadily reforming

hanhchinhAlong with the implementation of requirements in the system of Resolution 19 of the Government, the financial sector has been active in public administration reform (PAR), which has achieved positive results, and been recognized by the society, people and enterprises. Although the pace is not fast, but with political determination the whole industry is continuing to "persist" improving the quality and effectiveness of this work, to reach higher targets in accordance with international practice.

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