Indian officials reportedly told companies that the country is more economical for them in terms of securing land and affordable skilled labor than the US or Japan, even if overall costs are still higher than China. They have also offered an assurance that India will consider specific requests on changes to labor laws, which have proved a major stumbling block for companies, and said the government is considering a request from e-commerce companies to postpone a tax on digital transactions introduced in this year’s budget. … [Read more...] about Vietnam needs more efforts to lure new FDI wave
How to set sales target
Petri Deryng, the company’s portfolio manager, said in a statement that "an ownership tussle" in the company opened a window of opportunity for a sell out. The deal was worth EUR 3.6 million ($3.9 million), which was a slight loss, he said. … [Read more...] about Foreign investors divest en masse from Vietnam’s largest car dealership
According to a government-approved plan for the development of e-commerce by 2025 released on May 18, revenue from online sales of business-to-consumer e-commerce, known as B2C e-commerce, is set to grow by 25% per year to US$35 billion, accounting for 10% of total goods retail sales and service revenues. Hanoitimes … [Read more...] about Will Vietnamese e-commerce platforms Tiki and Sendo soon merge?