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Vietnam among Top 6 most-attractive retail markets

Vietnam among Top 6 most-attractive retail markets

Vietnam has been named among the Top 6 most-attractive retail markets in the world this year by A.T. Kearney in its Global Retail Development Index (GRDI), following India, China, Malaysia, Turkey, and the United Arab Emirates (UAE).
Taxi boom blamed for traffic jams in HCM City

Taxi boom blamed for traffic jams in HCM City

Nguyen Ngoc Giao, deputy head of the HCM City Department of Transport’s road traffic board has spuriously claimed that taxi phone apps have led to an increase in the number of vehicles in the city.
Japan gives ODA loans to Hoa Lac project

Japan gives ODA loans to Hoa Lac project

The Japan International Cooperation Agency (JICA) has signed an official development assistance (ODA) loan agreement worth 12.865 billion JPY (117.8 million USD) for the Hoa Lac Science and Technology City Development Project.
SBV confident that bad debt can be dealt with

SBV confident that bad debt can be dealt with

State Bank of Vietnam Governor Le Minh Hung told the National Assembly on June 7 that there's no loophole in the draft resolution on bad debt for individuals and groups to exploit.
PM assures support for Japanese enterprises

PM assures support for Japanese enterprises

Prime Minister Nguyen Xuan Phuc assured more than 30 corporate executives in Kansai region of Japan during a dialogue on June 7 that Vietnamese localities offer all possible support to them to do business.
$22bn in deals signed during PM's Japan visit

$22bn in deals signed during PM's Japan visit

Enterprises and localities from Japan and Vietnam signed agreements worth a combined $22 billion at the Conference on Business Promotion into Vietnam held on June 5 during Prime Minister Nguyen Xuan Phuc’s five-day visit to Japan.
Vietnam to miss 2017 growth target: WB

Vietnam to miss 2017 growth target: WB

On June 4, the World Bank (WB) released its Global Economic Prospects report, forecasting a global 2017 economic growth rate of 2.7% and a Vietnamese growth rate of 6.3%, lower than the 6.7% goal set by the government.
Interest rates remain stable: survey

Interest rates remain stable: survey

Interest rates for deposits and loans and bond yields have remained relatively steady since the end of January, as inflation is under control and foreign exchange rate is stable.
HCM City looks to tax Facebook business

HCM City looks to tax Facebook business

The HCM City Department of Taxation is seeking ways to get information of business activities carried out online, including via Facebook, in order to collect taxes.

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