Category: Economy
Asset management company set for launch
The government will approve a decree to set up a national asset management company to boost the resolution of bad debts according to a local official. Minister and Chair of [...]
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Japan’s economic stimulus package brings high hopes to Vietnamese
Vietnam’s exports to Japan have been supported not only by bilateral and multilateral trade agreements, but also by the new economic stimulus package launched by the [...]
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Smuggled gold sneaking onto local market
More smuggled gold has been launched onto the local market due to the widening gap between local and global gold prices in recent times, heard a meeting between the HCM City [...]
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Foreign investors needed for bad debt settlement: expert
Policies should be made more liberal for foreign investors to get involved in debt trading, and thus bad debt settlement can be accelerated, said Dr Le Xuan Nghia, member of [...]
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Investors make wrong decisions, shopping malls stay deserted
A lot of high end shopping malls have closed down after the failed efforts to drag out their existence.High expectations, big failure When it opened again in September 2011 [...]
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Tuna fishing faces difficulties despite growth
Vietnam’s tuna exports have earned 154 million USD so far this year, a year-on-year increase of 19 percent, and the highest growth among seafood exports. However, its [...]
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Fish breeding may disappear from Hanoi village
Just few households in Yen Phu Village, which is famous for ornamental fish breeding, have maintained their traditional industry, while the majority has turned to importing [...]
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Experts support USD27 billion oil refinery project
Economists and authorities of Binh Dinh Province have supported the implementation of a USD27 billion oil refinery and petrochemical project despite strong opposition from [...]
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Rental property market challenged by recession
Despite being at the busiest trading area in Hanoi, many people living in the Old Quarter’s streets are finding it hard to lease out their houses, even at much lower [...]
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Agriculture exports reap marginal gains
Exports of farm, forest and aquatic products reached $8.67 billion in the first four months of this year, an increase of 0.4 per cent over the same period last year. Tthe [...]
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Mammoth petrochemical projects make Vietnam feel dizzy
More and more investors have expressed their willingness to set up huge oil refineries in Vietnam. government agencies and local authorities keep cautious when talking about [...]
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Used phones find their position in bad economy
The mobile phone market has been one of the victims of Vietnam’s recent economic troubles, but canny companies have found a glimmer of hope amid the gloom by tapping [...]
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Financial restructuring fails to show results
Despite one year of plans for economic restructuring, Vietnam’s economy continues to face challenges in efforts towards recovery. Efforts to lighten industrial [...]
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Ministry proposes minimum wage increase delay
The Ministry of Labour, Invalids and Social Affairs has recommended the government delay an increase in the minimum wage. Currently, the minimum wage which took effect from [...]
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Five-seat cars would be much cheaper with low taxes
f the automobile industry development plan is implemented as expected, cars would get much cheaper in just some years. Vietnam, automobile industry, tax incentives, MOIT, MOF [...]
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