Vietnamnet
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Facebook account can be wiped out with just US$100 in Vietnam
Phony service providers are invalidating and closing Facebook accounts for VND2-3 million payments. The practice is being used against business rivals or for personal revenge.
Real estate market: magnet for foreign investors
Property investors in Vietnam have been scaling up their business, while more and more new investors have concluded M&A deals in the real estate sector.
Fashion market large enough for both domestic, foreign brands
Some Vietnamese fashion brands are keeping calm amid the ‘foreign fashion wave’, saying they have advantages in the local market and with demand on the increase, the market is still large enough.
Vietnam banks surviving on credit
The net interest margin (NIM) of Vietnamese banks is lower than that of other regional banks, while financial reports show that the business performance of the banks depends heavily on credit.
Vietnamese chemotherapy drug reduces treatment costs by 60%
Pegfilgrastim, a chemotherapy drug made in Vietnam, is expected to hit the market in 2018.
Vietnam hopes three SEZs to attract billions of USD in investment
PM Nguyen Xuan Phuc said a special legal framework with outstanding preferences is needed to develop three special economic zones (SEZs) — Van Don in Quang NInh, Bac Van Phong in Khanh Hoa and Phu Quoc in Kien Giang.
FDI flow into real estate: a cause for concern?
Real estate ranked fourth among the most attractive business fields for foreign investors, with registered FDI capital of US$1.15 billion in the first half of the year.
Vietnamese spend big money to expand retail networks
Retailers have geared up to spend trillions of dong to expand their networks as more powerful foreign retailers enter the market.
Tax increases could have negative impact on economy
The Ministry of Finance (MOF) is seeking approval to raise the VAT in 2019, raising concern among economists.
Truong Hai, Toyota battle for automobile market share
Taking every opportunity to reduce prices, Truong Hai and Toyota, the two big automobile manufacturers, are trying to capture every corner of the market.