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Vietnamese fruits lose ground to imports, could lose home market

Dislodged from supermarkets, Vietnam’s fruits are being displayed at sidewalk shops and sold by street vendors. Thanks to its geographical position and natural conditions, Vietnam has great advantages to develop agricultural production. The country harvests 28 million tons of vegetables and fruit each year. Negotiating for market entry, therefore, is an important solution which ensures […]

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Vietnam: Challenges for supermarket chains

The recent shutdown of multiple Bach Hoa Xanh (BHX) stores has been the talk of the town for the past few weeks. What prompted the leadership of this grocery store chain to come to such a decision despite the considerable growth in total revenue? For a successful retailer like The Gioi Di Dong JSC, BXH’s […]

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An insight into Vietnam’s indebtedness

National debt, or foreign debt, when reaching an excessive level, often leads to an economic crisis. Given debt crises in multiple countries, especially poor ones, it is worthwhile to look into Vietnam’s debt which comes with four types: foreign debt, public debt, debt owed by non-financial companies, and debt by households. Public debt excludes debt […]

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Vietnam to release strict regulation on cashless payment

The Standing Economic Committee of the National Assembly yesterday held a meeting to review the draft amended Law on Anti-Money Laundering (AML). Former Standing member of the National Assembly’s Economic Committee Do Van Sinh commented that the regulation on collecting and processing data is the key; yet the law does not mention which data types […]

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