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Malaysia ranks 12th among Vietnam’s foreign investors in 2018

KUALA LUMPUR — Malaysia ranked 12th among the countries and territories investing in Vietnam in 2018 with total registered capital hitting US$435.54 million, according to the Vietnamese trade office in Malaysia. The country pumped $254.76 million into 41 new investment projects in Vietnam from the start of 2018 to December 20, while its investors added $27.47 million in total to their capital at […]

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Vietnam: Binh Duong open for investment

HCM CITY  —  To reach the targets for economic growth for the 2016 – 20 period, the southern province of Binh Duong will focus on eight major works this year to encourage new investment. Provincial authorities will urge site clearance and facilitate construction work to improve the investment climate and help the private sector to […]

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Vietnam won’t devalue currency to boost exports

HANOI: Vietnam won’t devalue the dong to boost exports even as the US-China tension starts to hurt South-East Asia’s trade-reliant economies. “We will keep the dong stable,” Vietnamese Prime Minister Nguyen Xuan Phuc said in an interview with Bloomberg TV’s Haslinda Amin. “That’s our policy.” “Investors, both domestic and international, have been confident in growing […]

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Vietnam: GrabFood heats up food delivery market

Speed and technology have become potent ingredients in Vietnam’s sizzling food delivery market. Vietnam’s food delivery market has been boosted by e-commerce and become fiercely competitive and efficient, with delivery times shortened from one day to two hours then 60 minutes. A report from Havas Riverorchid revealed that 63 per cent of consumers choose “convenience” […]

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First casino for Vietnamese patrons opens

Corona Casino Phu Quoc now welcoming Vietnamese citizens under a three-year trial. The first casino in Vietnam able to welcome Vietnamese citizens, Corona Casino Phu Quoc officially opened on January 19 for a three-year trial under Decree No. 03/2017/ND-CP. Corona Resort & Casino Phu Quoc has investment of nearly $1.1 billion in the first phase […]

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Vietnam woos global investors

HANOI: A red-hot economy, business-friendly policies and a Communist party led by free-traders: that’s the elevator pitch Vietnamese Prime Minister Nguyen Xuan Phuc is delivering to global investors amid the US-China trade war. “We are ready to grab the opportunity,” Phuc said in an interview with Bloomberg TV’s Haslinda Amin, a few days before departing […]

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