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Vietnam needs an e-commerce credit evaluation system

The Hanoitimes – An e-commerce credit evaluation system is needed to increase customer confidence in purchase and payment. Vietnam needs to set up an e-commerce credit evaluation system and perfect its legal framework to promote the development of Vietnam e-commerce market in 2021-25, said the Vietnam e-Commerce and Digital Economy Agency (iDEA) under the Ministry of […]

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Philippines: GDP seen to gain traction in Q2

MANILA, Philippines — The anticipated economic rebound in the country would finally take shape in the second quarter, but a full-year recovery would have to wait until the next administration, the investment banking arm of the Metrobank Group said. In its latest Market Call report, First Metro Investment Corp.(FMIC) and Capital Markets Research of the […]

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IMF: Vietnam’s inflation in 2021 may remain at 4%

The prolonged COVID-19 pandemic is forecast to keep hampering Vietnam from reducing inflation this year, despite the strong efforts to stimulate fiscal and monetary policies. According to the International Monetary Fund (IMF), inflation in Vietnam will be 4 per cent, higher than last year’s 2.31 per cent. IMF emphasised that the risk of slowing down […]

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Thailand: Songkran water splashing likely to be allowed

Water splashing will probably be allowed during the Songkran festival next month, Culture Minister Itthiphol Kunplome said on Tuesday. It should get the green light because the daily number of new Covid-19 cases had dropped from three digits to only two digits, the minister said. He also thought it possible people travelling around on trucks […]

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Philippines’ unemployment rate steady at 8.7% in Jan

[MANILA] The Philippines’ unemployment rate remained at 8.7 per cent in January, unchanged from the last official survey in October, with more people rejoining the labour force as the country relaxed coronavirus curbs and reopened the economy. The South-east Asian nation, one of the region’s fastest growing economies before the pandemic, is grappling with a […]

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