Purchasing power of retail market on the rise

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Báo điện tử CP English 1 week(s) ago 3 related news

Purchasing power of retail market on the rise

VGP – Viet Nam's total retail sales and service revenues touched around US$ 125 billion in 2013, representing a year-on-year increase of 12.6%, according to the Ministry of Industry and Trade (MoIT).

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Businesses backed for smoother operation

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VietnamPlus English 2 week(s) ago

Businesses backed for smoother operation

A number of solutions to help businesses develop strategy for better performance have been under discussion at the Vietnam CEO Summit in Ho Chi Minh City.

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Experts expect 6.27% economic growth rate in second half

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VOV News English 3 week(s) ago

Experts expect 6.27% economic growth rate in second half

(VOV) - Vietnam’s economic growth must reach 6.27% in the second half of the year to fulfill growth target of 5.8% for the whole year, said economists at a recent seminar discussing the economic situation in the first half and new challenges.

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Vietnam’s seven-month inflation hits 13-year low

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Báo Tuổi Trẻ English 3 week(s) ago

Vietnam’s seven-month inflation hits 13-year low

Vietnam’s inflation rate in the first seven months of this year rose 1.62 percent, the lowest rate ever recorded in the last 13 years, according to the General Statistics Office (GSO).

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Indonesia third most attractive investment destination in Asia Pacific

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VietnamPlus English 1 month(s) ago

Indonesia is the third most attractive investment location in the Asia-Pacific region, trailing behind the Philippines and Malaysia , said a recent survey by PT Manulife Indonesia.

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Indonesia enjoys trade surplus in May

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VietnamPlus English 1 month(s) ago

Indonesia enjoyed a trade surplus of nearly 70 million USD in May this year, Indonesia ’s Central Statistics Agency (BPS) has reported.

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Inflation slows down in H1/2014, but tends to rise

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Báo Tuổi Trẻ English 1 month(s) ago

Inflation slows down in H1/2014, but tends to rise

Though Vietnam’s consumer price index (CPI) inched up 1.38 percent in the first six months of the year, the monthly inflation rate showed a tendency to rise.

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Top 50 most effective businesses’ profits up despite economic downturn

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VietnamNet English 1 month(s) ago

Top 50 most effective businesses’ profits up despite economic downturn

VietNamNet Bridge – Post-tax profits of the top 50 effective businesses in Vietnam increased sharply by 16 percent, while the turnover increased by 5 percent. In the eyes of many experts, this impressive performance is evidence of the government’s initial success in stabilizing the macro economy. With the inflation rate reigned in to a single-digit level, the way was paved for interest rate reductions, providing a much needed boost to businesses here.

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CPI goes up slightly in June

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VOV News English 2 month(s) ago

CPI goes up slightly in June

(VOV) -The country’s consumer price index (CPI) for June rose slightly by 0.3% over May and 4.98% over a year ago, according to the General Statistics Office (GSO).

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Indonesia prepared to deal with more-than-expected budget deficit

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VietnamPlus English 2 month(s) ago

The Indonesian Government has prepared measures to cope with a case that the country’s budget deficit exceeds the limit of 2.4 percent of the GDP set in the revised 2014 budget plan.

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Garment and textile exports surge 16.4%

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Báo điện tử CP English 2 month(s) ago

VGP – Export turnover of garments and textiles touched US$ 10.21 billion in the first half of 2014, up 16.4% against the same period last year.

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Central bank urged to lower interest rates on business loans

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VietnamNet English 2 month(s) ago

Central bank urged to lower interest rates on business loans

VietNamNet Bridge – Most Vietnamese businesses have to take out bank loans at an annual interest rate of 10-13 percent, while companies in neighboring countries can access loans at a 5-6 percent rate and, those in developed economies, at a 2-3 percent rate.

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Experts urge banks to lower cost of lending for local businesses

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VietNam News English 2 month(s) ago

There is a need for banks to cut the lending interest rates further to make bank loans more accessible, and to rethink the implementation of the real interest rate policy.

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SMEs deserve a better deal

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VietnamNet English 3 month(s) ago

SMEs deserve a better deal

VietNamNet Bridge – To develop a fair market economy, Viet Nam needs to treat its SMEs better, Nguyen Duc Thanh, director of Viet Nam Centre for Economic and Policy Research, tells Thoi bao Kinh doanh (Business Times).

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Indonesia adjusts economic growth target to 5.5 percent

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VietnamPlus English 3 month(s) ago

The Indonesian Government will adjust its economic growth target to 5.5 percent from 6 percent for 2014, as the country’s growth stood at 5.2 percent in the first quarter of this year, according to Finance Minister Chatib Basri.

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