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New foreign investment wave forecast to flow into Vietnam

The Hanoitimes – Vietnam is shining bright on foreign funds` radar. Vietnam expects to receive a large foreign investments flowing into its markets in the near future after many big institutional investors have recently come to the country to explore investment opportunities. A close source, which declined to be named, revealed that among the investors, one […]

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Consumer finance booms in Vietnam with new players

The Hanoitimes – By the end of 2017, total outstanding consumer loans reached over US$5 billion. The consumer finance market, however, remains huge potential for development. Vietnam’s consumer finance market is witnessing new players, promising a fierce competition for customers, VnExpress reported. On October 1, EVN Finance Company announced its foray into the market with the […]

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FDI sector remains indispensable part of Vietnam economy: PM

The Hanoitimes – Vietnam will maintain its policy of encouraging foreign investments, stated Prime Minister Nguyen Xuan Phuc. After three decades of economic reform, the foreign direct investment (FDI) sector remains an indispensable part of Vietnam’s economy, Prime Minister Nguyen Xuan Phuc has asserted. As of present, Vietnam has attracted 26,500 foreign invested projects from 129 […]

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Grab seeks to boost non-cash payment in Vietnam

The Hanoitimes – Grab wants to assist Vietnam in developing online payment for public services, which is part of the Vietnam’s e-government strategy. Ride-hailing firm Grab would propose measures to facilitate non-cash payment in Vietnam, according to Anthony Tan, Grab’s CEO and co-founder. One of the measures is to allow user to create an e-wallet profile […]

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