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Slow privatization hinders Vietnam from luring more foreign investment

The Hanoitimes – The government will intensify inspections over not only all SOEs and state-funded projects, but also over the heads of these enterprises about how they have obeyed state regulations about privatization and divestment. The pace of the country’s state-owned enterprises (SOEs) privatization has remained languid this year despite the government’s efforts, preventing foreign investors […]

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Jakarta, KL, Bangkok seen as export markets for fashion items

MANILA, Philippines — Southeast Asian cities like Jakarta, Kuala Lumpur and Bangkok present opportunities for Philippine exporters and retailers as consumers in these markets are willing to spend for fashion items, the Philippine Exporters Confederation Inc. (Philexport) said. Citing a survey conducted by the Hong Kong Trade Development Council (HKTDC), Philexport said the three markets […]

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Vietnam consumer prices down 0.29% m/m in November

The Hanoitimes – Core inflation in November picked up 0.11% month-on-month, resulting in an increase of 1.72% year-on-year on average in the January – November period. Vietnam’s consumer price index (CPI), a gauge of inflation, saw a decline of 0.29% in November against the previous month, but is still up 3.46% year-on-year, according to the General […]

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Tech-transfer a must for Vietnam to optimize FDI source

The Hanoitimes – Reports showed that Vietnam has lagged behind other countries in the region in terms of foreign investors’ technology transfer to domestic firms. Vietnam needs to have more effective policies on technology transfer of foreign invested enterprises (FIEs) as global experiences showed that the FDI source only contributes to economic growth of countries which […]

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Vietnam posts trade surplus of US$6.8 billion in 11 months

The Hanoitimes – Vietnam`s trade turnover reached US$443.45 billion in the first 11 months of 2018. Vietnam reported an estimated trade deficit of US$400 million in November, causing the country’s trade surplus to narrow to US$6.8 billion in the January-November period, the General Statistics Office (GSO) has said in a monthly report. Particularly, the domestic sector […]

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