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Domestic private investment is key for Vietnam to achieve SDGs: UNDP

The Hanoitimes – Domestic private investment is yet to fulfill its increasing role as a driver of Vietnam`s lower middle-income economy, according to UNDP`s director. Accelerating the development of the private sector and expanding domestic private finance are key priorities for Vietnam to meet the financial requirements to achieve the Sustainable Development Goals (SDGs), stated Haoliang […]

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Nomura warns of fiscal tension in Malaysia

PETALING JAYA: Allowing a larger fiscal deficit and running the risk of a sovereign credit rating downgrade in 2019 could cause balance of payments stress, given Malaysia’s high short-term external debts and low foreign exchange (forex) reserves, said Nomura. Following the reversal of fiscal reforms like goods and services tax (GST) and the removal of […]

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Cost of logistics in Vietnam hurting textile players

Vietnam News/ANN: Vietnamese garment and textile enterprises are losing their competitiveness due to high costs of logistics services for exports, experts have said. According to statistics from the Viet Nam Textile and Apparel Association (Vitas), textile and garment export value last year reached US$31 billion, an increase of 19.2 per cent compared to 2016. Of the $31 billion […]

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