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Vietnamese Businesses Study 'Innovation' to Move Ahead

Encouraging innovation has become a buzzword for developing economies like Vietnam, where companies are trying to learn from modern business practices in order to boost profits. To help, a group of Vietnamese economists have devised a survey which measures how innovative businesses are and how they value innovation. Hundreds of bottles of rice wine are labeled at family-owned factory Phu Le in Ben Tre province, in south Vietnam. The company is named after the village where they...

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