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Vietnam’s retail sales up 9.5% in April

The Hanoitimes – The country’s retail value of goods and services in April reached VND350.5 trillion (US$15.44 billion), a year-on-year increase of 9.5 percent, according to a report by the General Statistics Office (GSO). The rise brought the total retail revenue in the first four months to VND1,399 trillion (US$ 61.4 billion), up 9.8 percent against […]

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Vietnam a potential market for Fintech development

The Hanoitimes – Vietnam remains huge potential for Fintech development, said the Governor of State Bank of Vietnam (SBV) Le Minh Hung. In the coming time, Vietnam looks forward to witnessing more cooperation between banks and Fintech companies both locally and internationally, including Singaporean businesses, said Hung at the Vietnam – Singapore Business Forum 2018. Currently, […]

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Vietnam’s trade revenue hit nearly US$145 billion

The Hanoitimes – The country’s total import-export turnover in the first four months of this year rose 14.4 percent year-on-year to US$144.13 billion, the General Department of Customs reported. In April alone, the value was $35.7 billion, of which $18.2 billion came from exports, a month-on-month decrease of 13.9 percent. With a trade surplus of $700 […]

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Vietnam: High inflation risk looms ahead

The Hanoitimes – Authorities should closely watch on inflation to timely take appropriate measures as it is under pressure to rise significantly next time, experts suggested. According to the General Statistics Office (GSO), the country’s average consumer price index (CPI) for the first quarter of this year increased by 2.82 percent compared with the same period […]

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