Vietnam will likely survive on a two-scenario forecast for economic growth this year, at either 6.56 per cent on the safe side or at as high as 6.81 per cent, according to the latest VEPR report.
According to Dr Nguyen Duc Thanh, raising taxes is not a sustainable solution, as no society can thrive while shouldering a heavy taxation burden. It will slowly shrink.
At the workshop where the results of the study on “Wages and Labor productivity in Vietnam” were published, experts share different views on this issue.
Imposing targets for each ministry can pose some negative impacts on the economy, as it does not create any motivation for the development of economic sectors.
Publication permit No. 348/GP-BTTTT dated July 19, 2017, granted by the Ministry of Information and Communications of the Socialist Republic of Vietnam
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