Credit registry coverage higher than world’s average

Credit registry coverage higher than world’s average

Vietnam’s credit registry coverage increased to 59.6 percent in 2020 from 41.8 percent in 2015, said Do Hoang Phong, director of the Vietnam Credit Information Centre (CIC).
Multi-Dimensional Review of Vietnam launched

Multi-Dimensional Review of Vietnam launched

Multi-dimensional review (MDR) is a good reference for the building of the 10-year socioeconomic development strategy for 2021-2030.
Vietnam stands to benefit from new OECD tax rules

Vietnam stands to benefit from new OECD tax rules

The OECD and the G20 released a new blueprint for taxing the digital economy, which would allow countries like Vietnam to tax elusive multinational enterprises.
McDonald's hit with sexual harassment complaint at OECD

McDonald's hit with sexual harassment complaint at OECD

WASHINGTON: An international group of labour unions said on Monday (May 18) it has filed a complaint against McDonald's for "systemic sexual harassment" at the fast food chain's restaurants around the world.
OECD slashes 2020 global growth forecast over COVID-19

OECD slashes 2020 global growth forecast over COVID-19

The coronavirus outbreak will have a major impact on economic growth worldwide this year, the OECD warned Monday (Mar 2) as it lowered its global GDP forecast by half a percentage point to 2.4 per cent, the lowest rate since the 2008-09 financial crisis.
Deputy PM addresses conference on anti-corruption initiative

Deputy PM addresses conference on anti-corruption initiative

Permanent Deputy Prime Minister Truong Hoa Binh delivered a keynote speech at a high-level session of the 10th Regional Conference of the Anti-Corruption Initiative for Asia-Pacific, themed “Preventing and Combating Corruption in Infrastructure Projects in Asia-Pacific”, in Hanoi on December 6.
Vietnam leads ASEAN in women's employment

Vietnam leads ASEAN in women's employment 1

Vietnam is leading ASEAN in terms of the percentage of working women in total employment, according to a report by the ADB and OECD.
OECD hopes for global digital tax by 2020

OECD hopes for global digital tax by 2020

The possibility of an international deal to tax US tech giants such as Amazon, Google and Facebook is sensitive, as countries threaten to go it alone and Europe is divided on the issue.
OECD warns of global slowdown

OECD warns of global slowdown

PARIS: The global economy has peaked and faces a slowdown driven by international trade tensions and tighter monetary conditions, the Organisation for Economic Cooperation and Development warned on Wednesday (Nov 21).
Superbugs to 'kill millions' by 2050 unless countries act

Superbugs to 'kill millions' by 2050 unless countries act

PARIS: Millions of people in Europe, North America and Australia will die from superbug infections unless countries prioritise fighting the growing threat posed by bacteria immune to most known drugs, experts predicted on Wednesday (Nov 7).
OECD warns against 'escalation' in trade tensions

OECD warns against 'escalation' in trade tensions

The OECD on Wednesday (May 30) appealed for an end to the "escalation" in global trade tensions, as the introduction of US tariffs on steel and aluminium imports loomed.
OECD warns eurozone crisis stunting global recovery

OECD warns eurozone crisis stunting global recovery

Europe came under mounting pressure Tuesday to take action to boost growth as the OECD warned the eurozone crisis has worsened and poses the most serious risk to a recovery for the global economy.
Crisis, stagflation stalk global recovery: OECD

Crisis, stagflation stalk global recovery: OECD

Crisis still stalks the global economy with stagflation lurking and Japan set for recession this year despite moderate overall recovery, the OECD said on Wednesday, warning against complacency.
Oil demand, supply rise, OPEC flush with spare capacity: IEA

Oil demand, supply rise, OPEC flush with spare capacity: IEA

Global demand for oil is stronger than expected as the northern hemisphere ends the year in an icy grip, the IEA said on Friday, raising its estimate for demand in 2010 by 130,000 barrels per day to 87.4 million barrels per day.