Tag: policy

New policy to improve unemployment benefits

VietNamNet Bridge – The unemployed should receive better benefits next year, thanks to a new policy set to come into effect in 2009.  On Dec. 15, the Government issued a decree guiding the implementation of this policy, which provides a legal basis to encourage labourers to take part in un-employment insurance.  The insurance should not only... Read more

Bush in Baghdad for farewell visit ending his controversial Iraqi policy

U.S. President George W. Bush arrived in Baghdad Sunday in an unannounced visit, after Iraq agreed a security pact with Washington, which will allow U.S. troops to station for three more years, CNN reported. U.S. President George W. Bush walks with Iraqi President Jalal Talabani during an arrival cereomony at Salam Palace in Baghdad December 14, 2008.(Xinhua/Reuters... Read more

Policy development tops ministry meet

VietNamNet Bridge – A new agricultural development strategy was needed for the next 12 years, the Minister of Agriculture and Rural Development, Cao Duc Phat, said yesterday. “Our agricultural sector has been developing along with the country’s process of international integration, industrialisation and urbanisation”.However, he said that... Read more

Obama names Clinton, Gates to lead foreign policy

President-elect Barack Obama named former rival Hillary Clinton as secretary of state on Monday. He also said Robert Gates would remain defense secretary in a national security team charged with recasting America’s leadership role in the worldClinton and Gates, who have been at odds with Obama in the past over foreign policy and defense issues, will... Read more

Unsuitable gold management policy wasting money: experts

VietNamNet Bridge – Experts believe that the current tight policy on gold imports and exports is causing tremendous losses for investors, not to mention the national economy. The gold price performance in the last 10 yearsLate last week, when the world’s gold price fell to the deepest low so far this year, the domestic dollar price unexpectedly skyrocketed.... Read more

Vietnam PM says rice export policy working

Vietnam’s rice export policy has been effective, ensuring national food security, taking into account the effects of high inflation on farmers, Prime Minister Nguyen Tan Dung told a regional meeting in Hanoi last week. “We need to deal with issues with long-term, overall benefits in mind, not just short-term or partial gains, and we have tackled... Read more

Obama, Bush deny economic policy bargaining

Aides of U.S. president-elect Barack Obama and President George W. Bush denied Tuesday there had been any bargaining on economic plans during the two people’s Monday meeting at the White House. L-R: U.S. President George W. Bush, First Lady Laura Bush, Michelle Obama and president-elect Barack Obama stand outside the Diplomatic entrance of the White House... Read more

Luxury tax policy put small cylinder capacity cars on top choice

VietNamNet Bridge – The luxury tax reduction on small cylinder capacity cars is believed to create big changes for the automobile market in the time to come with the rise of small cylinder capacity cars. The Government has submitted to the National Assembly’s 4th session plan on the luxury tax adjustment. It attempts to slash the luxury tax on vehicles... Read more

Central bank sees ‘tight’ monetary policy until year-end

The central bank said this week that it envisions a “tight” monetary policy until the end of the year, even as evidence indicates that inflation is slowing and the country’s trade deficit is coming under control. The State Bank of Vietnam has raised interest rates three times this year, with the... Read more

Keep interest rates, tight fiscal policy, HSBC suggests

Vietnamese authorities shouldn’t reduce interest rates this year as the nation’s economy needs more time to recover from “excesses” such as high inflation and a growing trade deficit, HSBC Holdings Plc said. The State Bank of Vietnam has increased the benchmark lending rate three times this... Read more

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