Zero emissions, zero waste, and zero inequality are what make Verena Siow, president and managing director of SAP Southeast Asia proud of the development journey of the German software giant over the past 50 years.
The Asian Development Bank has approved a $100 million policy-based loan to develop Vietnam’s finance sector, aiming to support long-term economic growth and tackle rising income inequality.
If inequality was not increasing, Vietnam’s poverty reduction record would be even better, according to the leading international non-governmental organization Oxfam.
Vietnam has increased 8.52 per cent in spending on social security compared to last year, the second largest increase in the world, according to the commitment to reducing inequality index just published by Oxfam.
Economist Pham Chi Lan said that providing incentives for too many fields in special economic–administrative zones would increase the tax inequality for businesses.
The biggest obstacle to a woman’s career is herself.
APEC leaders are in a unique position to put an end to the long-standing poverty and extreme inequality which are not destiny and can be challenged and eliminated.
