While COVID-19 dealt a blow to the retail market in the first quarter, e-commerce, online shopping, and delivery services emerged as clear beneficiaries. Vo Thi Phuong Mai, associate director and head of retail services at CBRE Vietnam claims COVID-19 has negatively impacted offline traffic but at the same time created many opportunities for growth for […]
Read MoreKUALA LUMPUR, May 4 — The local manufacturing sector was an unsurprising victim following measures taken to contain the Covid-19 outbreak, as market analysts IHS Markit released a report today indicating sharp a decline in revenue and production volumes. A report by IHS gauging the Purchasing Managers’ Index (PMI), a value indicating an index of […]
Read MoreVietnam has an opportunity to become the food supplier of the world, according to Truong Gia Binh, an influential businessman. Binh is chair of the Private Sector Development Center (PSDC) of the Advisory Council on Procedures Reform, and President of FPT Corporation. “Covid-19 poses a high risk to us, but there are always opportunities in […]
Read MoreCambodia’s rice exports to China were 122,094 tonnes (41 percent), to the European Union 97,337 tonnes (32.4 percent), to Asean members 37,428 tonnes (12.5 percent) and to other destinations 43,393 tonnes (14.45 percent). Veng Sakhon, minister of the Ministry of Agriculture, Forestry and Fisheries, said that the exports of formal agricultural products totalled more than […]
Read MoreVietnam’s export value saw a year-on-year increase of 4.7 percent to an estimated $82.9 billion in the first four months of this year, according to the General Statistics Office (GSO). Domestic companies generated 26.4 billion USD from exports during the period, rising 12.1 percent year-on-year and making up 32 percent of the country’s total export […]
Read MoreVietnam faces increasing tax evasion and avoidance as policies have not kept up with reality, according to a report by the Vietnam Institute for Economic and Policy Research (VEPR) and Oxfam. Tens of thousands of businesses have been detected violating enterprise income tax rules worth up to trillions of dong per year from 2010 – […]
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