According to the General Department of Taxation, there are 15 large corporations and technology companies in the world earning a lot of money from Vietnam through cross-border businesses. If Vietnam’s online advertising revenue is about 1 billion USD, Google and Facebook account for more than 80%, or more than 800 million USD, according to Vietnam […]
Read MoreChinese investment in Cambodia had increased significantly in 2021 despite the negative effect of the COVID-19 pandemic, which truly reflected Chinese investors’ trust in Cambodia’s business environment, officials and experts said on Friday. Cambodia attracted fixed-asset investment of $2.32 billion from China last year, up 67 percent from $1.39 billion in the year before, according […]
Read MoreShopee, an e-commerce platform in Southeast Asia and Taiwan, is forecasting growth in Thailand’s e-commerce market based on an expansion in the user base and intense marketing and promotions to help boost purchasing power amid a sluggish economy. According to the “Digital 2022: Thailand” report by creative agency We Are Social and strategic consultancy Kepios, […]
Read MoreThe Covid-19 pandemic caused turbulence in the labor market in Vietnam in 2021. For the first time in 10 years, the Vietnamese economy witnessed a serious decline in the number of labor market participants and the number of employed people. The average income of workers also fell. The unemployment and underemployment rates both increased, in […]
Read MoreThe Commerce Ministry expects headline inflation in March to stay at a high level, driven by a rise in energy prices after the cost of fuel and electricity accelerated in February at the fastest pace since 2008. Ronnarong Phoolpipat, director-general of the Trade Policy and Strategy Office, said yesterday the prospects of higher inflation are […]
Read MoreThe Government is in a process of setting up an investment portfolio to be included in a public investment scheme, which is expected to complete this month. The Vietnamese Government plan to kick start some pubic investment projects, estimated around VND113.85 trillion (US$5 billion) in April. Deputy Minister of Planning and Investment Tran Quoc Phuong […]
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