Category: New & Updates

New & Updates
huutri

AusCham: Vietnam is top favorable place for business expansion

Being one of the top countries in terms of economic growth rate, Vietnam has become the most favorable place for foreign investment and business expansion. According to Australian Chamber of Commerce, Vietnam is the newest high priority country in Asia economic diplomacy of the Kanguru Nation.

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New & Updates
huutri

Vietnam vs Indonesia: Who may win the favor of foreign manufacturers shifting from China?

Since April 2018 to August 2019, There were 56 manufacture businesses left China and moved to other country in Asia. Most of them chose Vietnam. In the worry that Indonesia, which only had 2 manufacturers moved in, would fall behind, Ambassador of the Republic of Indonesia to Vietnam, Ibnu Hadi proposed that the “country of thousand islands” needs to accelerate its trade cooperation and expand the market in order to attract more investors and manufacturers

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Activities
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How structured trade finance solutions help MSME exporters & importers

About 80-90% of world trade today relies on trade finance. It is one of the most reliable forms of financing with less than 1% of transactions facing default. Despite this, the global trade finance gap was estimated at US$ 1.6 trillion in 2016. For Asian developing economies alone, the estimated shortage is US$ 692 billion.

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