As one of the world’s largest research-based pharmaceutical companies, Pfizer Inc. commits to long-term business and investment activities in Vietnam, cashing in on growing local demands. Bradley Silcox, chief representative of Pfizer Thailand Limited in Ho Chi Minh City, discussed its future strategies for Vietnam with VIR’s Bich Thuy.
The Vietnamese government has issued a resolution on socio-economic and budget management in 2018 focusing on achieving GDP growth target, promoting economic restructuring, and reforming growth models.
In the face of a rapidly ageing population, Asean needs to further promote dialogue and knowledge sharing on the issue and develop common pathways that support effective and productive participation in old age, writes Chheang Vannarith.
Regarding the proposal of the Ministry of Finance to increase the environmental protection tax (EPT) on many commodities, including petroleum, Mr. Pham Dinh Thi - Director of Tax Policy Department, Ministry of Finance has given specific explanations.
If any country deserves accolades for bringing the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) to a successful conclusion, it is Japan. Japan was the primary force driving negotiations for the CPTPP (also known as the TPP-11) after the United States withdrew from the original Trans-Pacific Partnership a year earlier.
In early 2016, the Trans-Pacific Partnership (TPP) Agreement — involving twelve countries on the Pacific Ocean rim, including the USA — was signed in New Zealand. Right after his inauguration in January 2017, newly elected US President Donald Trump withdrew from the TPP, effectively killing the agreement as its terms require the participation of both the US and Japan.
The Currency Wars are over. Having tripled the monetary base as a per cent of GDP, the world’s major central banks are now winding up. No more quantitative easing. No more attempts to devalue the dollar, euro or yen.
From February 20, 2018, logistics businesses have to meet the business conditions outlined in Decree No.163/2017/ND-CP on logistics services, replacing Decree No.140/2007/ND-CP.
The Fourth Industrial Revolution has become a buzzword in Vietnam, but locals rarely regard it as a technology that helps them make more money online and improve their daily lives. What many are most concerned about is that they could lose their jobs, as robots might be capable of handling the position they are in.
With Comprehensive and Progressive Agreement for Trans-Pacific Partnership - CPTPP (the former TPP without the US), Vietnam will miss many benefits it once expected to get because the country still doesn’t have an FTA with the US, while it has multilateral and bilateral FTAs with most CPTPP member countries.
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