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Myanmar: Foreign trade rises

Myanmar: Foreign trade rises Tuesday, 05 July 2016 – Myanmar’s foreign trade has passed US$6 billion since the new government took office, according to U Yan Naing Tun, director general of the Directorate of Trade, under the Ministry of Commerce. At a press conference at the commerce ministry on July 1, U Yan Naing Tun […]

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Vietnam: MoF proposes clearing, freezing tax debts

Vietnam: MoF proposes clearing, freezing tax debts Wednesday, 10 August 2016 – The Ministry of Finance (MoF) has proposed clearing and freezing tax debts of enterprises totalling VN?14.7 trillion (approximately US$655 million) as one of the measures to tackle the difficulties they are facing.Under the proposals submitted to the Government, the ministry will probably eliminate […]

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Vietnam: Kiên Giang eyes $1b in exports

Vietnam: Kiên Giang eyes $1b in exports Wednesday, 10 August 2016 – The Mekong Delta province of Kiên Giang is striving to earn at least US$1 billion from exports by 2020, according to the province recently-released action programme. Of these, farm produce is expected to yield $495 million and aquaculture $230 million. The province will […]

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Vietnam: Coffee firms want State help

Vietnam: Coffee firms want State help Wednesday, 10 August 2016 – The Vi?t Nam Coffee and Cacao Association (Vicofa) has proposed to the State that it launch credit support for local coffee firms competing with foreign companies. The association said that local enterprises must pay interest rates of between 6.5 per cent and 7 per […]

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Vietnam: Central bank keeps eye on credit growth

Vietnam: Central bank keeps eye on credit growth Wednesday, 10 August 2016 – The State Bank of Vi?t Nam (SBV) will closely watch credit growth and direct the credit flow into production in the remaining months of this year. SBV’s Governor Lê Minh H?ng said that the central bank would continue its flexible monetary policies […]

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Vietnam: Oil pushes VN Index up again

Vietnam: Oil pushes VN Index up again Wednesday, 10 August 2016 – Vietnamese shares advanced yesterday as the oil sector was boosted by a positive trend in global oil prices. The benchmark VN Index on the HCM Stock Exchange rose 1.3 per cent to finish at 637.34 points, extending a gain of 1.6 per cent […]

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