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Economy

NA adopts resolution on North-South Expressway section investment

NA adopts resolution on North-South Expressway section investment

With 83.1 percent of approval, the National Assembly approved a resolution on investment policy for the construction of some road sections in the eastern route of the North-South Expressway in 2017-2020 at the ongoing fourth session of the 14th legislature in Hanoi on November 22.

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Japanese goods conquering VN

Japanese goods conquering VN

Viet Nam has become an attractive market for Japanese retailers following the popularity of Japanese goods in the domestic market.

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Recruiting & retaining

Recruiting & retaining

Vietnam was ranked 86th out of 118 countries in the latest Global Talent Competitiveness Index (GTCI), released in early 2017 by INSEAD, one of the world’s leading business schools, the Human Capital Leadership Institute of Singapore (HCLI), and the Switzerland-based workforce solutions provider Adecco Group, which measures how countries grow, attract, and retain talent and provides a resource for decision-makers to develop strategies for boosting their talent competitiveness. 

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Petrolimex to stop selling RON 92 petrol ahead of schedule

Petrolimex to stop selling RON 92 petrol ahead of schedule

Vietnam National Petroleum Group (Petrolimex), the country’s largest fuel trader, plans to stop selling RON 92 gasoline and replace it with E5 bio-fuel ahead of its earlier schedule.

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Fair-trade designation for VN cocoa to ease access to EU market

Fair-trade designation for VN cocoa to ease access to EU market

Fair-trade certification is expected to help Vietnamese cocoa enter the EU market, especially after the EU-Viet Nam Free Trade Agreement takes effect, slated for 2019, experts have said.

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Domestic commercial banks accelerate foreign talks

Domestic commercial banks accelerate foreign talks

Aiming to reach the target to complete the selection the strategic investors before listing shares on the stock exchange, domestic banks are accelerating negotiations with foreign investors as well as propose the authorities to increase the foreign ownership limit to lure in foreign investors.

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The automotive giant behind stellar Vinamilk buy-in

The automotive giant behind stellar Vinamilk buy-in

The largest automotive group from Singapore, Jardine Cycle & Carriage Limited Company has announced that its wholly-owned subsidiary Platinum Victory Pte., Ltd completed the purchase of 80.28 million shares, representing 5.5% stake in Vietnam Dairy Products JSC through two back-to-back transactions.

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Quality, not quantity

Quality, not quantity

The sound of “1, 2, 3, Zo” rings out at bia hoi establishments around Vietnam every day and night. Bia hoi, or local draft beer, has been the most popular drink among Vietnamese people, especially in the north, for many, many years but a challenge has been thrown down in recent times, by craft beer. 

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NA deputies raise concerns over Long Thanh airport funding

NA deputies raise concerns over Long Thanh airport funding

NA deputies on Monday discussed the feasibility of land clearance and resettlement to build the Long Thanh International Airport mega project in southern Dong Nai Province. They expressed concerns about the capital sources proposed to implement the project.

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Rice farmers rue missing out on price rise

Rice farmers rue missing out on price rise

Many farmers in the Mekong Delta are regretting that they did not stockpile any rice as prices rise continuously and supply remains limited.

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Spain’s Repsol wants to invest in Dung Quat Refinery

Spain’s Repsol wants to invest in Dung Quat Refinery

Representatives from Spanish energy company Repsol on Tuesday met with leaders of the Binh Son Refinery and Petrochemical Co Ltd (BSR) to seek opportunities to invest in the Dung Quat Refinery.

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RoK to provide $1.5 bln in ODA for Vietnam

RoK to provide $1.5 bln in ODA for Vietnam

The Republic of Korea (RoK) will provide 1.5 billion USD in official development assistance (ODA) for Vietnam for 2016-2020 via the Korea Economic Development Cooperation Fund (EDCF). 

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Special economic units call for investment at APEC

Special economic units call for investment at APEC

Special Administrative Economic Units in Viet Nam will face challenges in raising funds from different sources and models in the context of limited State funds over the coming years.

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Realty climbs on solid fundamentals

Realty climbs on solid fundamentals

The local real estate market has been on an upbeat growth trajectory, profiting from the country’s positive macro-economic fundamentals.

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Vietnamese businesses design new products targeting Gen Z

Vietnamese businesses design new products targeting Gen Z

Many Vietnamese companies have launched products and services specifically designed to target Generation Z, or customers born after 1995.  

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Real estate market: foreign investors change business strategy

Real estate market: foreign investors change business strategy

Instead of pouring money directly into projects, foreign investors now are joining well-known Vietnamese real estate developers to develop projects.

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