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Economy

Only 21% of Vietnamese SMEs join global value chain

Only 21% of Vietnamese SMEs join global value chain

A forum on supporting SMEs in joining the global value chain was jointly held by the Vietnam Chamber of Commerce and Industry (VCCI) and Facebook in Hanoi on October 19.

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Vietnam mulls ways of dealing with strict US anti-dumping duties

Vietnam mulls ways of dealing with strict US anti-dumping duties

The US has more than 10 times imposed anti-dumping duties on Vietnam’s catfish exports. If it continues installing new barriers, Vietnam may need to find new markets for the exports, experts say.

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Lam Dong to host first Vietnam Coffee Day

Lam Dong to host first Vietnam Coffee Day

The first Vietnam Coffee Day will take place in Da Lat city of the Central Highlands province of Lam Dong on December 9-11, announced local authorities and the Vietnam Coffee and Cocoa Association.

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Vietnamese retailers pay more to attract online buyers

Vietnamese retailers pay more to attract online buyers

 More Vietnamese businesses have decided to increase their investments in online sales as e-commerce continues to boom.   

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Ministry scraps nearly 500 hydropower projects

Ministry scraps nearly 500 hydropower projects

468 medium- to small-scale hydroelectric plants situated in hilly areas were struck off the national power development programme in the 2011-2020 period due to economic constraints as well as the incompetence and irresponsibility of investors and project managers.

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High recruitment demand for senior and middle-level managers continues

High recruitment demand for senior and middle-level managers continues

The Navigos Group, the leading recruitment company in Vietnam and the owner of online recruitment portal VietnamWorks and executive search firm Navigos Search, released a report on October 10 on recruitment demand for senior and middle-level managers in Vietnam during the third quarter of this year, based on recruitment requests to Navigos Search.

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Foreign firms to keep lead in exports

Foreign firms to keep lead in exports

The foreign-invested sector, with electronics taking the lead, is expected to continue occupying the lion’s share of Vietnam’s exports over the next few years.

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Vietnam puts high hopes on three SEZs

Vietnam puts high hopes on three SEZs

Most special economic zones (SEZs) around the world have to experience at least one decade before gaining success.

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Seafood export likely to move from far to near markets

Seafood export likely to move from far to near markets

According to information from a businessman attending global seafood conference in Bali, Indonesia, seafood import market will move toward Asian region  comprising Japan, South Korea and China in the near future.

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Nearly 1 billion additional shares listed on UpCoM

Nearly 1 billion additional shares listed on UpCoM

The Unlisted Public Company Market (UPCoM) welcomed the listing of nearly one billion shares of four companies on October 5. The share value registered for trading is equal to VND11.8 trillion (US$518 billion).

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Survey reflects optimistic business outlook for Q4

Survey reflects optimistic business outlook for Q4

Viet Nam’s enterprises feel positive about the business climate for the fourth quarter, according to the General Statistics Office (GSO) under the Ministry of Planning and Investment.

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Experts doubt MOIT’s new rules will free up businesses

Experts doubt MOIT’s new rules will free up businesses

 The Ministry of Industry and Trade (MOIT) decision on removing 675 business conditions and licenses has been described as a ‘historic decision’. However, experts think it doesn’t have much significance.

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Vietnam`s industrial production index up 7.9 percent in nine months

Vietnam`s industrial production index up 7.9 percent in nine months

The national industrial production index (IPI) expanded by 7.9 percent in January-September, the General Statistics Office (GSO) reported. 

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GDP target achievable, but risks building

GDP target achievable, but risks building

After Vietnam’s economic growth in July-September reached 7.46 per cent year-on-year, the strongest third quarter growth since 2011, the 2017 GDP growth target, considered by many economists as “ambitious”, is now claimed by the General Statistics Office (GSO) as achievable.

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VN businesses encounter difficulties seeking entry to Korean market

VN businesses encounter difficulties seeking entry to Korean market

A Free Trade Agreement between Vietnam and the Republic of Korea (RoK) took effect in December 2015. However, Vietnamese businesses are finding it more and more difficult to penetrate the market as the RoK tightens up on rules and regulations.

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HCMC rejects information on termination of bus rapid transit project

HCMC rejects information on termination of bus rapid transit project

Head of the Office of Ho Chi Minh City`s People Committee Vo Van Hoan has affirmed that the city does not have a policy to suspend the building of the first-ever bus rapid transit (BRT) line, which runs along Vo Van Kiet and Mai Chi Tho avenues.

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