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Vietnamese fear loss of strong local brands

Businesspeople have called on the government to take measures to control foreign capital and prevent foreign investors from acquiring local strong brands and Vietnamese enterprises in important business fields. Stark Corporation from Thailand has paid $240 million to acquire Thipha Cables, an electric wire and cable company, and Dovina, a non-ferrous metal and plastic company. […]

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Thailand: 1-baht savings bonds to debut on June 24

The Finance Ministry’s savings bonds with an unprecedented face value of one baht each will be sold to the public from June 24 to Aug 14. The small-ticket savings bonds worth 200 million baht are part of the government’s economic rehabilitation plan to encourage low-income earners to save money in risk-free assets, said Finance Minister […]

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Vietnam: COVID-19 pushes businesses online

Due to the COVID-19 pandemic, businesses have seen the benefits of trading online.  Dang Hoang Hai, director of the Vietnam E-commerce and Digital Economy Agency, talks about the issue. The COVID-19 pandemic has pushed many businesses online, including those in Vietnam. Is this a temporary reaction or a long-term trend? Due to COVID-19, firms have seen […]

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Cambodia: Facebook opening shops in Kingdom

Facebook announced it is launching Facebook Shops in Cambodia to make it easy for businesses to set up a single online store for customers to access on both Facebook and its subsidiary Instagram. Creating a Facebook Shop is said to be free and simple and businesses can choose the products they want to feature from […]

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Thailand: Domestic tourism gets triple booster

The cabinet on Tuesday approved in principle three stimulus packages worth 22.4 billion baht to reinvigorate domestic tourism hit hard by the coronavirus pandemic. Deputy government spokeswoman Traisuree Taisaranakul said the packages proposed by the Tourism and Sports Ministry will run from July to October. Funding will come from the Finance Ministry’s 400-billion-baht Covid-19 economic […]

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