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Vietnam: eCommerce entering new stage of development

HO CHI MINH CITY: One of the engines driving the digital economy is eCommerce, and its development is becoming an essential component of the economy, experts say. RMIT University Vietnam researchers associate professor Pham Cong Hiep and Dr Nguyen Nhat Minh said eCommerce is entering a new stage of development. “Following the turbulent Covid-19 period, […]

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Thailand: Foodland targets more young shoppers

Foodland Supermarket Co, a long-established supermarket chain, is adopting a new business strategy to appeal to younger generations of customers while also teaming up with property developers to open new convenience stores at housing and condominium projects. As part of this strategy, the company has entered into agreements with companies under SC Asset Corporation to […]

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Malaysia: Domestic trade to drive port sector

PETALING JAYA: The ports and logistics sector activity will be mainly driven by domestic trade in the near term as global trade’s growth is poised to slowdown this year amid greater carbon emissions regulations. The World Trade Organisation (WTO) projects the global merchandise trade volume to only inch up by 1.7% this year, compared with […]

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Indonesia: Jakarta records large trade surplus in June

JAKARTA: Indonesia recorded a surprisingly large trade surplus of US$3.46bil (RM15.7bil) in June, as imports plunged more than expected and exports also remained weak, official data show, adding to the case for possible rate cuts before the end of the year. A Reuters poll of economists had expected a surplus of US$1.35bil (RM6.1bil) last month. […]

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Vietnam moves to attract more Indian tourists

India is seen as a potential market for Vietnam’s tourism, and the country will strengthen promotion activities to lure more holiday-makers from the South Asian market. Vietnam welcomed 5.6 million foreign tourists, including 141,000 Indian arrivals, in the first six months of 2013. India was the 10th largest tourism market in the period. The improved […]

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