Category: Vietnam
Business Briefs 17 Aug 2018
* Dong Phu Rubber Company (DPR) made a gross profit ofVND205.6 billion in the Ianuary-Iuly period of this year, up 22% year-on-year and beating the full-year target by 8%. [...]
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Vietnam shines in The Telegraph’s best must-visit places in lifetime
The Telegraph has announced its list of world’s top 10 curious places you must visit at least once in your lifetime. The Telegraph, a UK national daily broadsheet [...]
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Catfish and shrimp farmers struggle as markets shrink
Both catfish and shrimp are meeting difficulties in exports because of the shrinking market. However, while catfish farmers still can make a profit, farmers of white-legged [...]
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Is Vietnam’s stock market expensive or cheap?
The Price per Earnings (P/E) of Vietnam’s stock market is 17.4 times, an average level compared to other countries in the Southeast Asia. Analysis of many experts [...]
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Lazada logistics arm ties up with VNPost
Lazada Elogistics Vietnam (LEL) Vietnam has signed a memorandum of understanding with VNPost for delivery of its products. Online shopping platform Lazada, which owns the [...]
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First Canali store opens in Hanoi
Gentlemen in capital now have more options in elite clothing. * H&M Vietnam to open two new stores * H&M to open third store * Fashion brand takes on the world One of [...]
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Electronic-contract cars suggested to be classified as electronic taxi
The Hanoi Taxi Association filed an urgent petition to the prime minister on certain content in the report to the government about the draft decree on ‘Business and [...]
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Mumuso and likes getting away with gentle fines?
Mumuso and similar firms are facing the highest administrative fines of VND100 million ($4,424) and VND140 million ($6,194), according to Decree No.185/2013/ND-CP stipulating [...]
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Taxi association highlights inadequacies of Grab pilot programme
Following the Ministry of Transport’s draft decree on passenger transport, the Hanoi Taxi Association has pointed out a number of failures of the pilot programme, in [...]
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Tra Vinh takes measures to protect shrimps from disease
The People’s Committee of the Mekong Delta province of Tra Vinh has approved a plan to invest 2.3 billion VND (over 100,000 USD) to protect intensive and semi-intensive [...]
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Overnight interest rate doubles to 4.42pct
Interest rates on the inter-bank market have surged strongly in the past week despite the central bank’s net injection of VND14.4 trillion (US$612.76 million). [...]
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Chinese brands grab 39pct of Vietnam smartphone market
Xiaomi and Huawei were the two fastest growing mobile phone brands in Vietnam in the second quarter, technology industry analyst Counterpoint reports. They grew respectively [...]
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Chinese investors flock to Vietnam to develop coal-fired thermopower plants
Many coal-fired thermopower projects have been proposed recently despite environmentalists’ call to stop developing thermal power. Most of them are Chinese invested. A [...]
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Vietnamese steel sector amidst US-China trade war
Improving material supply and proving product origin are ways to limit the impact of trade defence lawsuits amid the growing US-China trade war, according to insiders. The [...]
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Reference exchange rate up on August 16
The daily reference exchange rate for August 16 was adjusted up 6 VND from the previous day to 22,691 VND/USD. With the current trading band of +/- 3 percent, the ceiling [...]
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