Category: Vietnam
Business Briefs 16 Oct 2018
* Fitch Ratings has affirmed Vingroup Company’s (VIC) Long-Term Foreign- and Local-Currency Issuer Default Ratings at B+. The outlook was revised to Negative from [...]
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Bio gasoline consumption gradually increases
Gasoline ethanol blend E5 RON 92 consumption has been on the rise in HCM City, reaching 130,100 cubic meters a month since early this year, announced the City Department of [...]
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Bank system’s credit growth target unlikely to be reached
According to the general Statistical Office, as of September 20 the banking sector’s credit growth was 9.52 per cent, much lower than the 11.02 per cent rate recorded a [...]
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Firms aim to boost official farm exports to China
Many Vietnamese firms want to boost exports of agricultural products to China via official channels to gain higher value and avoid risks from unofficial cross-border trade, [...]
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HCM City encourages industrial production
HCM City enjoyed robust industrial growth in the first nine months of the year thanks to improvements in its business climate, the municipal Department of Industry and Trade [...]
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New g-bond futures contract needs trading mechanism
The coming derivative product for government bonds (known as g-bonds) is expected to help financial institutions hedge risks, but experts have raised concerns about the [...]
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HCM City expands roads to ease traffic congestion at airport
The HCM City government has approved a number of projects to expand some streets around the Tan Son Nhat International Airport to reduce traffic congestion in the area, [...]
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Maximising advantages of the circular economy
Vietnam is making great inroads to reduce environmental pollution and pursue green growth, with the renewal of the growth model. Le Thanh Thao, country representative of the [...]
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October 12: Indexes claw back ground
Following recent corrections, red continued to cover the market from the opening minutes on the morning of October 12 and the VN Index at one point was down nearly 13 points. [...]
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E-commerce looks towards sustainable development
E-commerce has rocketed in Vietnam over the past five years, with online retail sales expanding 20 percent annually, according to the Department of E-commerce and Digital [...]
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Breakthrough policies essential to drive state capital divestment process
Huynh The Du, lecturer at the Fulbright School of Public Policy and Management, highlights the importance to have in place breakthrough policies to optimise the efficiency of [...]
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DATC to auction off transportation businesses stocks
Vietnam’s Debt and Asset Trading Corporation (DATC) branch in HCM City is selecting a consulting agency to auction shares of Dong Thap Transport Construction Joint [...]
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Korean travel firms keen on Vietnam’s tourism industry
Vietnam has held a workshop to introduce its tourism products, attractive destinations and tourism investment chances to businesses and media of Gwangju in South Korea. [...]
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The risk of losing Filipino cement market
The Philippines is initiating an investigation on whether to apply safeguard measures on imported cement, raising concerns that Vietnam could lose a major export market. [...]
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Stock market briefs
Fitch Ratings has affirmed Vingroup Company’s (VIC) Long-Term Foreign- and Local-Currency Issuer Default Ratings at B+. The outlook was revised to Negative from Stable. [...]
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