vn01
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Missed opportunities for Vietnam due to slow privatization pace

The Hanoitimes – The lack of commitments from ministries, provinces and executives at state firms are factors behind the slow privatization progress, while problems in finance, land and laborers from periods prior to the privatization also hindered the process at target companies. The slow progress in the process of divestment and privatization of state owned enterprises […]

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mm01
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Myanmar: Local property buyers investing overseas

Local property investors may not be buying much property in Myanmar at the moment, but a growing number have been snapping up units overseas. Sai Khun Naung Real Estate Company and Singapore-based real estate broker DWG will be holding an exhibition of luxury condominium properties from Thailand, Malaysia, UK and Japan for those interested in […]

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bru01
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Brunei power demands increasing due to development

BRUNEI Darussalam’s demand for power will increase three per cent per annum in the next 10 years, from 3,900 Gigawatt hours (GWh) in 2019 to 5,300 Gigawatt hours (GWh) in 2029. This is due to the current and upcoming key national projects and developments in the pipeline. The matter was highlighted by Minister of Energy, […]

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LDB, KIWI join for Alipay transactions in Laos

Chinese investors and companies will soon be able to conduct transactions through the Alipay system in Laos. The Lao Development Bank (LDB) entered into an agreement with KIWI Company Limited last week to roll out the service. KIWI – established by French, Belgian and Laotian entrepreneurs in 2016 – is a leading fintech operator in […]

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vn02
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Ministry to set ‘Made in Vietnam’ criteria

“Made in Vietnam” products are required to have a localisation rate of 30 per cent and be partly produced in Vietnam. This is one of the criteria set by the Ministry of Industry and Trade in a draft circular providing criteria for products eligible to be classified as made in Vietnam. The draft circular says […]

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