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Vietnam’s 6 sectors projected for breakthroughs in investment in 2019

The Hanoitimes – These sectors include two emerging sectors in the form of fintech and e-commerce, and four traditional sectors, including education, green energy, healthcare & pharmaceuticals, transportation & logistics. Grant Thornton’s “Private Equity in Vietnam” report has revealed six attractive private equity investment sectors in Vietnam for 2019 and subsequent years. E-commerceVietnam’s e-commerce growth rate […]

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Myanmar: IRD to introduce Income tax bill to parliament

The Internal Revenue Department (IRD) drafted a new income tax law with the help of International Monetary Fund (IMF) expert, U Min Htut, director general of Internal Revenue Department (IRD), told The Myanmar Times. He said the new legislation will modernise the rules and “effectively cover” different parts of the economy, catching up with international standards.  […]

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Experts say M’sia not a manipulator

PETALING JAYA: The surprising move by the United States to include Malaysia in its currency manipulator watch list may be a tactic to subtly force Malaysia to import more from the world’s biggest economy. Sunway University Business School economics professor Yeah Kim Leng told StarBiz that this could be a strategy by the US to […]

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Credit watchers expect over 6% Philippines GDP growth

MANILA, Philippines — International credit rating agencies are still expecting economic growth of above six percent for the Philippines this year despite lowering their forecasts due to the slower-than-expected expansion in the first quarter. Christian de Guzman, senior credit officer at the sovereign ratings group at Moody’s Investors Service, said during the EJAP-Aboitiz Economy InFocus […]

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Thailand: Commerce Ministry working on trade row buffers

The Commerce Ministry is set to propose short, medium and long-term measures to cope with the impact of the deepening trade row between the US and China at the International Economic Policy Committee meeting chaired by Prime Minister Prayut Chan-o-cha on June 11.  Chutima Bunyapraphasara, the acting commerce minister who chaired Wednesday’s joint meeting with the […]

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Vietnam records 5-year high of newly established enterprises

The Hanoitimes – If including VND987.4 trillion (US$42.12 billion) of additional capital pumped by operational enterprises, the total registered capital channel into the economy in the first five months of 2019 was VND1,657.1 trillion (US$70.69 billion). Vietnam has seen a total of nearly 54,000 enterprises registered for new establishment in the first five months of 2019, […]

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