Official Development Assistance (ODA) is a form of “disguised” borrowing, in which rich countries lend to poor countries to build infrastructure. This is called a “concessional” loan with an interest rate of 0% and sometimes include “non-refundable aid.” However, most…
The widespread suppression of “giants” is causing a shock wave in society, causing negative economic and “worrying” policy impacts. The arrest of a series of leaders of three “popular” private corporations caused the market to react pessimistically, showing the unsustainability…
While the world economy declined at least 4% in 2020 due to the COVID-19 pandemic, Vietnam is rated as a “bright star” in the region when the economy grows by nearly 3% (+2, 91%). The leader of the Communist Party…
Tourism is the economic sector most severely affected by the global pandemic. Especially in Vietnam, when the local tourism businesses showed signs of recovery in nearly 3 months since the end of social lockdown, they are now in a state…
