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In Vietnam, many businessmen have bought Roll-Royce special edition cars priced at tens of billions of VND. But those cars were seized or sold after the owners were arrested or imprisoned for illegal acts.
Foreign investors’ confidence in Vietnam remains stable amid global uncertainties.
The renaming of an Oxford college is just one sign of their clout | Business
Fiscal and monetary policies, bonds and robust public investment are factors that make feasible the mobilization of funds for a stimulus package, experts say. - VnExpress International
Vietnam fiscal deficit lower than projected By Quynh Trang January 10, 2021 | 09:15 am GMT+7 An employee counts Vietnamese banknotes at a bank in Hanoi. Photo by VnExpress/Giang Huy. The fiscal deficit last year was 4 percent of GDP as against the government’s expectation of 5.59 percent amid falling revenues due to the Covid-19 pandemic. Revenues fell 2 percent short of the target to VND1,500 trillion ($64.9 billion), while the expenditure was VND1,780 trillion, Minister of Finance Dinh Tien Dung said at a meeting on Friday. Nguyen Duc Kien, head of the prime minister’s advisory...