Conversations on Vietnam Development
17 Nov 2020 09:26PM
NEW DELHI: The navies of India, the United States, Australia and Japan held exercises Tuesday (Nov 17) in the Northern Arabian Sea in the second phase of a naval drill seen as part of a regional initiative to counter China’s growing assertiveness in the Indo-Pacific.
Tiếp tục đọc “India, US, Japan, Australia resume naval exercise”
Published: 11:00pm, 17 Nov, 2020Why you can trust SCMP
Two US Air Force B-1B bombers entered China’s ADIZ on Tuesday, according to an aviation tracking service. Photo: AP
The United States sent two long-range bombers into China’s air defence identification zone (ADIZ) on Tuesday in an apparent show of force, as the Chinese navy conducted a series of simultaneous massive drills.
According to aviation tracker Aircraft Spots, two US Air Force B-1B Lancer bombers left Andersen Air Force Base in Guam on Tuesday morning and entered China’s ADIZ over the East China Sea.
Aircraft Spots said the bombers were refeulled in flight during the mission.
The B1-B has the biggest payload of any bomber and is a departure from the fighter jets and spy planes the American forces have sent before on missions so close to the Chinese coast.
Such heavy aircraft are not known for being deployed on spying missions, suggesting that the US was sending a blunt warning.
Tiếp tục đọc “US bombers enter Chinese air defence zone as Beijing’s navy mounts massive exercises”All IndiaPress Trust of IndiaUpdated: November 15, 2020 5:30 pm ISTby TaboolaSponsored LinksSponsoredPeople in An Phu Tan Are Choosing to Donate Meals Like This (Akshaya Patra)Cuộc chiến Thương mại Mới. Đi trước thị trường. Mở tài khoản ngay hôm nay. (IC Markets)
India expressed concern over “actions and incidents” that “erode” trust in the South China Sea.
Tiếp tục đọc “S Jaishankar Expresses Concerns Over Situation In South China Sea”PUBLISHED : 15 NOV 2020 AT 05:43
WRITER: KYODO NEWS , BANGKOK POST
Vietnam’s Communist Party General Secretary and President Nguyen Phu Trong (centre) walks past flags of the Asean member countries before opening the 37th Asean in Hanoi on Thursday. It was followed by other related meetings, including the East Asia Summit on Saturday. (Reuters photo)
Asia-Pacific leaders voiced concern over the situation in the resource-rich South China Sea at a regional summit on Saturday, a Japanese government official said, as security tensions between the United States and China have shown no sign of easing.
Tiếp tục đọc “Asia-Pacific leaders voice concern over S. China Sea amid tensions”BYJOSEPH TREVITHICKNOVEMBER 16, 2020
At least some of the ballistic missiles that China’s People’s Liberation Army fired into the South China Sea during an exercise earlier this year, which you can read about more in the War Zone‘s initial story on those drills, reportedly hit a moving target ship. If true, this would be the country’s first known demonstration of an actual long-range anti-ship ballistic missile capability, which could significantly change the operational calculus for any potential opponent, including the United States, in the disputed maritime region and elsewhere in the Pacific.
Tiếp tục đọc “Chinese Long-Range Ballistic Missiles Struck Moving Ship In South China Sea: Report”By Nguyen Quy November 17, 2020 | 07:58 am GMT+7 vnexpress
Women practice aerobics to beats coming off a smartphone at a Covid-19 quarantine camp in Lao Cai Province, northern Vietnam, February 17, 2020. Photo by VnExpress/Giang Huy.
With an overall score of 58.3 points, Vietnam ranked 13th out of 29 economies in the Asia-Pacific region, according to the Prosperity Index 2020 published Monday by London-based think tank Legatum Institute.
Tiếp tục đọc “Vietnam prosperity ranking jumps 12 places”By Le Thi Ly November 17, 2020 | 07:59 am GMT+7 vnexpress
TĐH: Dear readers, for the sake of Vietnamese workers, please kindly promote this article far and wide. Thank you very much.
I am not an expert. Most certainly, I am not an economist. I just speak from the experience of being an ordinary, unskilled worker. |
| Le Thi Ly |
Until a few years ago, as college students, my friend and I typically spent summer vacations as factory workers to earn some money and help parents pay our tuition fees.
Honestly, those three months felt like three centuries.
Tiếp tục đọc “Turning an eagle eye on Vietnam’s attraction for the ‘eagles’”TĐH: There are many intangible benefits from foreign direct investments (FDI) – employment and jobs for the local population, increased education, increased professional skills, better law enforcement and legal process, better working and living conditions in general for the locality… Not just taxes. Tax is a small part of the benefit package. If we need to lower/exempt taxes to compete, then let’s do that to compete. If the entire gang of Asia or Southeast Asia countries agree not to use taxes to compete, then that is “an agreement not to compete,” in a national scene that would constitute a violation of antitrust (anti-competition) law, harmful to consumers and to the economy. The economic principle should not be different in the international scene. (But of course, we need to compete both in business environment and in financial benefits such as taxation and land lease).
By Dat Nguyen, Quynh Trang November 16, 2020 | 08:07 am GMT+7 vietnamnet
Workers seen in a foreign-invested air conditioner manufacturing plant in the northern province of Hung Yen in December 2019. Photo by VnExpress/Vien Thong.
The average corporate income tax rate in Southeast Asia has fallen from 25.1 percent in 2010 to 21.7 percent this year, showing that countries are competing with one another in a “race to the bottom” by offering aggressive tax incentives to foreign multinationals, a recent report by Oxfam, a global organization working on poverty alleviation, and its partners said.
Tiếp tục đọc “Lowering taxes to attract FDI is a ‘race to the bottom’: experts”17/11/2020 06:15 GMT+7 vietnamnet
Mergers and acquisitions in Vietnam are forecast to change from the beginning of next year, when three amended laws will come into effect at the same time.Deputy Director of the Central Institute of Economic Management Phan Duc Hieu, spoke with VIR’s Khanh An about impact of the laws on enterprises, investment, and securities on the M&A market.
How do you estimate the impact of the amended laws on enterprises, investment, and securities on capital contributions and share purchases activities?
Tiếp tục đọc “Triple amendments strike sparks in M&A”17/11/2020 07:00 GMT+7 vietnamnet
Following a proposal by 10 provinces, the Ministry of Investment and Trade (MOIT) wants to extend the deadline for FIT (Feed in Tariff) application because many wind power projects cannot become operational prior to the given date.MOIT is consulting with relevant ministries and branches on its draft report to the Prime Minister on solutions to settle the problems of wind power projects.
On September 10, 2018, the Prime Minister released Decision 39 on wind power prices (not including VAT). EVN buys electricity from in-land wind power projects at VND1,927 per kwh (8.5 US cent), while the price of VND2.223 per kwn (9.8 cent) is applied to offshore wind power projects.
Tiếp tục đọc “Wind power: Ministry wants to extend FIT policy”
16 Nov 2020 03:31PM CNA
TOKYO: Japanese Prime Minister Yoshihide Suga and his Australian counterpart, Scott Morrison, may agree a historic defence pact on Tuesday (Nov 17) that will closely align two key US allies in Asia as a counter to China’s growing influence in the region.
Tiếp tục đọc “Japan and Australia seek to align on defence as China’s regional influence grows”
16 Nov 2020 12:03PM(Updated: 16 Nov 2020 12:10PM) CNA
TAIPEI: Trade-dependent Taiwan has made “relatively” good progress towards joining the revamped version of the Trans-Pacific Partnership, but it is awaiting clearer rules on membership, the island’s chief trade negotiator said on Monday (Nov 16).
Tiếp tục đọc “Taiwan talks up trans-Pacific trade pact after exclusion from RCEP”Peter Martin November 16, 2020, 9:38 PM GMT+7 Bloomberg
Former U.S. Secretary of State Henry Kissinger said the incoming Biden administration should move quickly to restore lines of communication with China that frayed during the Trump years or risk a crisis that could escalate into military conflict.
“Unless there is some basis for some cooperative action, the world will slide into a catastrophe comparable to World War I,” Kissinger said during the opening session of the Bloomberg New Economy Forum. He said military technologies available today would make such a crisis “even more difficult to control” than those of earlier eras.
“America and China are now drifting increasingly toward confrontation, and they’re conducting their diplomacy in a confrontational way,” the 97-year-old Kissinger said in an interview with Bloomberg News Editor-in-Chief John Micklethwait. “The danger is that some crisis will occur that will go beyond rhetoric into actual military conflict.”
Tiếp tục đọc “Kissinger Warns Biden of U.S.-China Catastrophe on Scale of WWI”PUBLISHED FRI, NOV 13 202010:19 AM EST UPDATED FRI, NOV 13 202012:10 PM ESTSam Shead@SAM_L_SHEAD CNBC
KEY POINTS
Britain’s Prime Minister Boris Johnson giving a statement in Downing Street in central London on April 27, 2020 after returning to work following more than three weeks off after being hospitalized with the Covid-19 illness.DANIEL LEAL-OLIVAS
LONDON – The U.K. government introduced new rules this week that are designed to protect Britain’s best and brightest companies from being gobbled up by other, potentially hostile, nations.
Tiếp tục đọc “Too little, too late? Britain introduces rules to protect tech firms from overseas takeovers”vietnamnet 16/11/2020 15:48 GMT+7
| A rendering of the proposed Long Thanh International Airport in the southern province of Dong Nai. – Photo courtesy of Airports Corporation of Vietnam |
The project has four component projects such as headquarters of State management agencies, flight management services, essential airport facilities, and other works.
Major works such as airport buildings, the aircraft apron, passenger terminals, and cargo terminals will be built by the Airport Corporation of Vietnam (ACV), which operates 21 airports across the country.
ACV has to raise funding for the construction.
The first phase of the airport, expected to cost more than US$4.6 billion, is projected to be completed by 2025.
The investment was approved by the National Assembly in 2017, which also issued a resolution on compensation and resettlement of and support for affected individuals and organisations.
Prime Minister Nguyen Xuan Phuc urged Dong Nai Province authorities to hand over the required lands in October so that construction of the airport could begin early next year.
He also set a deadline for assessing cleared land for compensation purposes by the end of this month.
The Ministry of Transport should work closely with the province to promptly resolve all challenges to ensure the project remains on schedule, he said.
The airport work requires more than 5,000ha of land and more than 364ha elsewhere to build two resettlement sites.
Around 4,800 households and 26 organisations are expected to be relocated to make way for it.
Spread over a total area of more than 5,580ha, the airport will straddle six communes in Long Thanh District. It is expected to cost VNĐ336.63 trillion ($14.47 billion), with the construction divided into three phases.
In the first phase one runway with a length of 4,000m, taxiways, an apron, and a passenger terminal with other auxiliary works involving a total floor area of 373,000 sq.m will be built to serve 25 million passengers and 1.2 million tonnes of cargo each year.
The airport is expected to have four runways, four passenger terminals and other auxiliary works to ensure a capacity of 100 million passengers and 5 million tonnes of cargo a year by 2040.
Tan Son Nhat International Airport in HCM City, the country’s largest, has been seriously overloaded for years, both in the air and on the ground.
The Ministry of Transport said Long Thanh International Airport is a key national project that would have a significant impact on the southern key economic region. VNS
The Ministry of Finance (MOF) has warned about problems with the Long Thanh International Airport project, ….
The government’s report to the National Assembly on the implementation of the Long Thanh International ….
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