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IFC to support distressed companies in Vietnam

The Hanoitimes – IFC’s investment in Altus Capital will enable the company to set up a regional facility to invest in the Philippines, Thailand, Indonesia, and Vietnam, the latter two being nascent markets for distressed asset recovery. International Finance Corporation (IFC), a member of the World Bank Group, planned to support distressed companies in East Asia’s […]

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Logistics remain key for Vietnam’s sustainable development: CIEM

The Hanoitimes – High logistics cost is one of the main barrier for the sector`s development in Vietnam. In the context of rapid technology advancement, improvements in logistics sector remain a viable solution for Vietnam to increase its competitiveness and labor productivity, eventually leading to sustainable economic development, according to the Central Institute for Economic Management […]

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Myanmar, Vietnam trade hit over USD360 million in five months

YANGON (Xinhua) – Bilateral trade between Myanmar and Vietnam has reached over USD362 million in five months of the six-month transitional period from April to September this year, according to the figures from the Commerce Ministry yesterday. Myanmar has changed its fiscal year period from original April-March to October-September beginning 2018-2019, producing a six-month transitional […]

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Foreign investors optimize Vietnam’s beverage market

The Hanoitimes – Foreign beverage producers are expanding footprint in Vietnam to capitalize high growth potentials of the estimated US$4 billion market. During a recent meeting with Prime Minister Nguyen Xuan Phuc in Hanoi, Calin Dragan, director of Coca-Cola’s Bottling Investments Group in Southeast Asia and the Middle East, said that Coca-Cola is to build a […]

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