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Economy

2017 - A successful year of VN`s economic integration

2017 - A successful year of VN`s economic integration

The international community has praised Viet Nam for a successful economic integration in 2017 thanks to creative and drastic management of the Government. 

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Vietnam certificates $5bil. projects in 2017

Vietnam certificates $5bil. projects in 2017

Foreign direct investment (FDI) capital registered to Vietnam topped US$29.68 billion with the impressive return of billion US dollar projects, according to head of Foreign Investment Agency under the Ministry of Planning and Investment Do Nhat Hoang.

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ODA report: debts heaped on debts

ODA report: debts heaped on debts

The Ministry of Planning and Investment (MPI) has been asked to explain to the National Assembly why ODA (official development assistance) loans have reached a total of VND600 trillion, twice as much as the amount approved by the NA.

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Nearly $8 billion of forestry products exported in 2017

Nearly $8 billion of forestry products exported in 2017

Exports of forestry products increased by 9.2 percent from 2016 to 7.97 billion USD in 2017, according to the Vietnam Administration of Forestry (VNForest).

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2017 marks record number of newly established enterprises

2017 marks record number of newly established enterprises

The number of newly-established enterprises in 2017 was estimated at 153,307, setting a new record against the 110,100 recorded in 2016, according to statistics published by the Ministry of Planning and Investment`s Agency for Business Registration.

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Vietnamese-Korean trade celebrates quarter century milestone

Vietnamese-Korean trade celebrates quarter century milestone

After 25 years, Vietnamese-Korean two-way trade turnover hit $60 billion and is expected to reach $100 billion by 2020.

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PV Oil has yet to decide how to sell shares

PV Oil has yet to decide how to sell shares

PetroVietnam Oil Corporation (PV Oil) has yet to pick a method to sell shares to strategic partners.

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All eyes on oil for awaited Tet sales

All eyes on oil for awaited Tet sales

Three top firms in Vietnam’s oil and gas industry are gearing up for their long-awaited stake sales and listings before the Lunar New Year.

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More air routes link Vietnam and Cambodia

More air routes link Vietnam and Cambodia

The Phnom Penh–headquartered Lanmei Airlines launched direct flights between Phnom Penh and Hanoi and Siem Reap and Ho Chi Minh City on December 20.

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Over 300 exhibitors to join auto fair in HCM City

Over 300 exhibitors to join auto fair in HCM City

More than 300 domestic and foreign businesses will take part in the 14th Saigon Autotech & Accessories International Exhibition scheduled in Ho Chi Minh City on May 24-27 next year.

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VietGap standards to merit national rice brand

VietGap standards to merit national rice brand

Rice products will be certified under the “Vietnam Rice” national brand if they are produced in accordance with VietGAP or GlobalGAP standards -- good agricultural practices to produce clean and safe farm products.

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HCM City: FDI flow into property sector triples

HCM City: FDI flow into property sector triples

Ho Chi Minh City’s real estate sector attracted US$984.4 million in foreign direct investment (FDI) during January-November, triple the figure from the same time in 2016.

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Japanese firms discuss VN business obstacles

Japanese firms discuss VN business obstacles

Japanese enterprises raised four problems they face while doing business in Viet Nam in a dialogue with the Advisory Council for Administrative Procedure Reform on Wednesday.

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Vietnam’s rice market fares well

Vietnam’s rice market fares well

Vietnam shipped abroad nearly 5.2 million tonnes of rice worth over 2.27 billion USD in the first 11 months of this year, surpassing the figure of the entire 2016 at 4.9 million tonnes, according to the Vietnam Food Association.

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ACV to sell 20% stake in 2018

ACV to sell 20% stake in 2018

Airports Corporation of Vietnam (ACV) plans to sell 20 per cent stake, equivalent to VND4.35 trillion (US$194.77 million), to foreign and domestic investors through open auction in 2018.

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Strong second half of year results in big trade surplus

Strong second half of year results in big trade surplus

Vietnam has enjoyed a record 11-month trade surplus, reflecting a strong second half of the year in firms’ export-import performance.

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