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Vietnam lawmakers approve cyber law, tighten rules on Google, Facebook

HANOI: Vietnamese lawmakers approved a controversial cybersecurity law on June 12, voting amid tight security following weekend protests over other legislation that turned violent in some parts of the communist country. The law, approved by 91% of attending lawmakers, would require Facebook, Google and other global technology firms to store locally “important” personal data on users […]

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Thailand: Heat on Vietnam car barriers rises

The commerce and industry ministries are escalating demands that the Vietnamese government eliminate non-tariff barriers on cars imported from Thailand, as Thai car shipments to Vietnam have stalled for over six months.  Thailand is pressuring Vietnam to eliminate its non-tariff barriers on completely built-up (CBU) cars exported from Thailand.  Thai exporters suspended their car shipments after […]

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Vietnam parliament delays approval of special economic zone bill

The Hanoitimes – Vietnam`s National Assembly, the country`s supreme legislative body, has decided to delay the voting on a draft law on special administrative-economic zone (SEZ), which had been scheduled for June 15. The decision was made on Monday morning with the endorsement of 85.63% of National Assembly deputies, following strong protests among experts, parliamentarians and […]

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More foreign investors eye Vietnam’s real estate market

The Hanoitimes – Interest of foreign investors in the country’s real estate is rising significantly with the market seeing more large-sized projects underway in recent months. During a recent working session with Ho Chi Minh City’s leaders, CEO of Lotte Asset Development Lee Kwang Young released plans to start construction of a smart complex in the […]

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Retail industry gets a big boost in Vietnam

The Hanoitimes – Double digit growth in revenue has made Vietnam’s retail sit atop the list of sectors with the highest number of newly-established enterprises to date this year. According to the General Statistics Office (GSO), the country’s total revenue from retail sales and services in the first five months of this year maintained a high […]

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