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Zimbabwean business urges Central Bank to liberalise exchange control Zimbabwean business urges Central Bank to liberalise exchange control The Confederation of Zimbabwe Industries insists exchange controls in the country “need to be liberalised as the gap between the official rate and the parallel market continues to widen creating undesirable arbitrage opportunities.” Depending on the economic agent one is dealing with, parallel market exchange rates can be anything between $15 to $55 above the official exchange rate of $85 to US$1. In its latest Quarterly Business and Economic Int...

Celebrating Lunar New Year as a foreigner calling Vietnam second home 22:37 | 11/02/2021 The Lunar New Year Holiday is not only a special occasion for Vietnamese but also for many foreigners who consider the country their second home. Ken Atkinson, founder and senior board adviser at Grant Thornton Vietnam, shared with VIR about his feelings and thoughts for the traditional holiday as well as the outlook for the New Year. Visiting flower street to enjoy the festive atmosphere I always enjoy Tet (Lunar New Year) in Vietnam and I have spent Tet, here ...

Potential in reach to become decade’s stand-out performer 13:54 | 03/02/2021 By Ken Atkinson-Founder and senior board advisor Grant Thornton Vietnam As a long-time resident of Vietnam and a dual national, I can only applaud the government for its swift proactive measures to contain the pandemic and enable a relatively strong economic performance in 2020. The achievement of 2.91 per cent GDP growth and also very few COVID-related deaths is more remarkable, when you compare this to the developed economies of North America and Europe and then take into accoun...