Archive for January 6th, 2017
Steel and realty carry HCM Exchange
Shares were mixed on Thursday January 05 as investors began to display caution after several consecutive rising sessions. Steel and property shares supported the VN Index, [...]
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Business Briefs January 06, 2017
* TPBanksaid it attained pre-tax profit of VND707 billion in 2016, a 13 percent year-on-year pickup. Meanwhile, its total assets amounted to VND 105.8 trillion last year, up [...]
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HSX up, HNX down
Low liquidity on both markets on differing January 5. Main indexes on HSX increased while those on HNX headed in the opposite direction on January 5. On HSX the VN Index [...]
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Pocketing hundreds of million USD, foreign websites don’t pay tax in Vietnam
Agoda.com, Booking.com, Hotels.com, Expedia.com and similar websites are believed to be pocketing trillions of dong from doing business in Vietnam, but they have not paid any [...]
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Tiki expands network, good news for e-commerce sector
In a new business field like e-commerce, the competition in quality is important as it brings benefits to Vietnamese users. Tiki.vn has reported a loss of VND157 billion [...]
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Sun Grand City Thuy Khue Residence attracts interest
Hundreds of people attended the sale release of Sun Grand City Thuy Khue Residence on December 28, reflecting the large market interest in the luxury apartment and trade [...]
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Singapore restaurant group Jumbo to open restaurants in Vietnam
Home-grown restaurant chain Jumbo Group will be expanding to Vietnam in 2017. The restaurant group announced on Tuesday (January 3) that it has inked a franchise agreement [...]
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Vietlott records revenue of $70m
Vietnam Lottery Company (Vietlott) announced it earned total revenues of VND1.6 trillion (US$70.5 million) in 2016, the record revenue in its five years of operation. The [...]
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Thach Khe iron mine goes into limbo
The future of Thach Khe mine in Ha Tinh, where Kobe Steel’s unmoving Nghe An project expects to source ore for steel production, has become unclear thanks to financial [...]
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Dung Quat EZ seeks billions in investment
The Dung Quat Economic Zone (EZ) Authority aims to attract $2.5-3 billion investments in the zone by 2020, quangngai.gov.vn reports. To achieve the target, the Authority will [...]
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Petrol prices remain unchanged in regular price adjustment
The prices of RON 92 petrol and bio-fuel E5 remained unchanged while diesel price 0.05S increased slightly in the first regular adjustment of petrol prices in 2017 as from [...]
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Illegal mining continues in Dak Nong
Illegal stone mining activities have been going on since April in Dak Nong province’s Dak Kut Quarry, but no action has been taken against violators. Last month, after [...]
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Garment 10 aims 6pct rise in revenue in 2017
Garment 10 Corporation JSC (GARCO 10) is targeting a 6 per cent rise in revenue in 2017 compared to last year, its general director Nguyen Thi Thanh Huyen said. The company [...]
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Meat imports flood Vietnamese market
Vietnam has seen annual rises in imported meat, which has posed a challenge for domestic products and businesses. According to a report from the Ministry of Agriculture and [...]
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Rice producers, exporters aim to increase consumption
An Giang Import Export Company (Angimex), one of the large rice export companies in Vietnam, plans to focus on improving its rice quality and better controlling [...]
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