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Stocks end mixed as crude prices drop

13-Oct-2016 Intellasia | VNA | 2:18 PM

The benchmark VN Index on the HCM Stock Exchange struggled to remain upbeat on October 12 as energy producers lost momentum after crude prices declined on the previous day. [...]
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Business Briefs October 13

13-Oct-2016 Intellasia | | 2:18 PM

* Consultancy Design & Urban Development Company (CDO) has issued 2.9 million shares to pay a 2015 dividend for shareholders, sending its total outstanding volume rising [...]
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National foreign exchange reserves exceeds $40b

13-Oct-2016 Intellasia | Bao Dau Tu | 6:00 AM

The foreign exchange reserves have never been as abundant as at the present time. From the beginning of the year, the State Bank of Vietnam (SBV) has acquired 11 billion US [...]
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Reference exchange rate up 10 dong

13-Oct-2016 Intellasia | VNA | 6:00 AM

The reference exchange rate on October 12 was set at 21,997 VND for one USD, up 10 VND from the day before. With the current +/- 3 percent VND/USD trading band, the ceiling [...]
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Loan access up thanks to new programme

13-Oct-2016 Intellasia | VNS | 6:00 AM

Around VND178.11 trillion (US$7.98 billion) was lent to more than 19,150 businesses in HCM City in the first nine months of the year under a programme that help connects [...]
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House of the Year, Vietnam: Techcom Bank

13-Oct-2016 Intellasia | VOV | 6:00 AM

This year’s winner of Asia Risk Magazine’s Vietnam House of the Year Award has gone to Techcom Bank. Techcom won the award largely for its leading role in forming [...]
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HSC: banks’ bad debts reach nearly 350tr dong

13-Oct-2016 Intellasia | Vietnam Finance | 6:00 AM

According to the Hochiminh city Securities Company (HSC), the total bad debts in the Vietnam’s banking system by the end of June 2016 were 129.960 trillion dong, [...]
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Smuggled cigarettes cause huge tax losses

13-Oct-2016 Intellasia | The Saigon Times | 6:00 AM

Smuggled cigarettes cause tax losses estimated at VND10 trillion, or over $450 million, to Vietnam per year and the number of cigarette smugglers across the border is [...]
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VEPR forecasts 2016 growth at 6pct

13-Oct-2016 Intellasia | Vneconomictimes | 6:00 AM

Vietnam Institute for Economic and Policy Research believes caution needs to be exercised by the government when setting growth targets. Vietnam’s GDP growth in 2016 [...]
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HSBC revises GDP growth downwards

13-Oct-2016 Intellasia | DTI News | 6:00 AM

HSBC pared back its forecasts for Vietnam’s GDP growth this year to 6.2 per cent from 6.3 per cent and to 6.5 per cent from 6.6 per cent in 2017 in its latest Asian [...]
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Outlook for Vietnam’s GDP growth gloomy

13-Oct-2016 Intellasia | VNS | 6:00 AM

Assoc Prof and PhD Nguyen Hoang Anh, vice director of the Institute for International Economics and Trade under the Hanoi Foreign Trade University, speaks to Hai Quan [...]
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Revised GDP goal despite Q3 bump

13-Oct-2016 Intellasia | Bizhub | 6:00 AM

Economic growth this year would climb up to 6 per cent on the back of recovery signs shown in the third quarter, falling short of the 6.7 per cent target set by the [...]
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Vietnam’s economy takes a good shape

13-Oct-2016 Intellasia | VNS | 6:00 AM

Vietnam’s economy accelerated in the third quarter, expanding by 6.6 per cent year-on-year. This marks a sharp improvement from the 5.6 per cent growth rate registered [...]
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Macro-economic stability maintained

13-Oct-2016 Intellasia | VOV | 6:00 AM

Vietnam’s economy has developed significantly in the third quarter but achieving this year’s target growth rate of 6.3-6.5 percent requires a doubling of efforts. [...]
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Vietnam’s economic woes deepen

13-Oct-2016 Intellasia | SGT | 6:00 AM

Vietnam is facing increasingly big economic woes, according to a government report delivered at a session in Hanoi last Friday of the National Assembly Economic Committee. [...]
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