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WB official said Việt Nam's economy remains resilient in 2023 meanwhile ADB Country Director points to three main growth drivers of Việt Nam's economy in 2024.

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One of the positive points in November 2023 was that the import turnover of raw materials for export production keep recording uptrends, accounting for 88.5% of the total import turnover of the country.

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Lack of regulatory alignment with global standards in the service sector and resistance to foreign competition are among the chief deterrents in India’s efforts to strike deals with global services leaders such as the European Union and the United Kingdom (UK) that could boost services jobs in the country, a government official told The Indian Express.

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Vietnamese shrimp exports are anticipated to experience a downward trajectory in December amid the product facing competitive pressure from regional rivals' cheap source, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

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An ESG conference provides opportunity for businesses to access a lot of useful information and answer their difficulties and problems in implementing ESG into production and business activities to improve production efficiency and competitiveness of Vietnamese goods in the world market.

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The quiet atmosphere of commercial activities in Vietnam's major export markets such as the US, EU... is forecast to end soon, along with the long-term attachment strategies of brands and retailers for the Vietnamese market is opening up bright prospects for production and export activities in the coming time. Meeting new environmental and social standards... will help Vietnamese businesses grasp the opportunity to recover.

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On the last working day of the 6th Session, the National Assembly passed a Resolution on the application of additional corporate income tax according to regulations on preventing global tax base erosion, taking effect from January 1, 2024. So in less than 1 month, the global minimum tax mechanism will officially be implemented in Vietnam. This is expected to have a major impact on attracting foreign investment (FDI) in Vietnam.

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The increasing demand for fresh food and e-commerce is serving as the main driving force of the domestic cold storage market - a niche segment of logistics to boom in the coming time.

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Andrea Coppola, World Bank Lead Economist for Vietnam, has described Vietnam in 2023 as resilient, saying that amid the global economic slowdown, the Southeast Asian nation was still able to sustain a rate of growth that many other countries in the rest of the world can only dream about.

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Experts and representatives from a number of countries, organisations and businesses gathered at a conference in Hanoi on December 21 to share measures in producing and exporting products to the international Halal market, as well as key information to promote the sustainable development of Vietnam’s Halal industry.

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