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Brokerage predicts VND to devalue by around 3% in 2018

The Hanoitimes – In order to maintain the competitiveness of export products, the exchange rate still needs an adjustment at a moderate level. Bao Viet Securities Company (BVSC) in its latest report predicted that the Vietnamese dong (VND) will depreciate by around 3% in 2018.  In BVSC’s calculation model, the growth of Vietnam’s nominal effective exchange […]

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Vietnam, Cambodia should cooperate in tourism: official

Cambodia and Vietnam should work together to promote their popular tourist draws, particularly Ha Long Bay in Northern Vietnam, and the Angkor archaeological complex in Siem Reap, according to a Vietnamese official. Nguyen Khao Thai, an official at the Vietnamese Ministry of Information and Communication, proposed the idea. “Ha Long Bay, is one of the […]

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Thailand: Online payment for overseas packages

The Customs Department will allow those who buy small goods priced over 1,500 baht from vendors outside Thailand to pay import duties online, eliminating the need to pick up parcels at Laksi Post Office.  With the Customs Department’s digital system, buyers can track the customs-clearing process and pay import tariffs via the online channel, outgoing director-general […]

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Singapore has the world’s fastest 4G Network

Singapore has the fastest 4G network followed by South Korea and Australia in the Asia-pacific. Singapore is also the fastest 4G country in the world, according to a report by Open Signal, a UK-based wireless technology company. The report compares 4G performance across 88 countries worldwide. South Korea is the second fastest network in Asia […]

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Indonesia: Govt drafts plastic bag tax regulation for 2019

The government is drafting a regulation to tax plastic bags next year in its effort to reduce plastic waste. “So the excise is for plastic bags, not for plastic bottles,” Finance Ministry customs and excise director general Heru Pambudi said on Thursday at his office in Tangerang, Banten, as quoted by kompas.com. He said the regulation, the draft for which was being […]

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