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Update news Vu Thanh Tu Anh
Businesses would rather borrow money at commercial interest rates and get loans immediately than wait for preferential loans, according to Vu Thanh Tu Anh, a respected economist.
The major goal, according to Vu Thanh Tu Anh from the Fulbright School of Public Policy and Management, is preserving people's lives and businesses in order to quickly recover after the epidemic.
VietNamNet Bridge - Many Vietnamese businesses prefer to stay ‘invisible’ and ‘tiny’ to avoid the watchful eyes of state management agencies, inspectors and taxation bodies.
Economists have warned that if Vietnam tries to attract as much foreign direct investment (FDI) as possible and is not selective in receiving capital flow, this will have negative consequences to Vietnam’s private enterprises.