Ministry stalls shadow economy studyAfter much debate over the true nature of undocumented market transactions in Viet Nam, otherwise known as the shadow economy, officials have again postponed the release of an accredited study on the matter. Phuong went on to explain that at the moment, the MPI considers the shadow economy to consist of five components, divided into illegal transactions and undocumented ones. The second component is illegal and prohibited economic activities, such as drug trafficking, human trafficking or prostitution. The fifth component is economic activities that are simply omitted from official data due to missing information from the survey data collection process. He argued that underground economy should not be included in GDP to increase the size of the economy.

Source: VietNamNet News February 27, 2018 03:33 UTC