Economy
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Standard Chartered: Vietnam’s GDP growth to reach 6.6 pct
Vietnam’s GDP is expected to grow at 6.6 percent in 2017 following a drought-induced slowdown in 2016, according to Standard Chartered Bank’s Global Research Briefing.
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SBV aims to hold inflation under 4 percent in 2017
The State Bank of Vietnam (SBV) will control inflation under 4 percent and stabilise the macro economy to reach a GDP growth of 6.7 percent, as well as ensure a safe operation for the banking system,
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Plastics exports forecast to rise 6 percent in 2017
The Vietnam Plastic Association (VPA) has predicted that plastic exports will grow 6 percent in 2017, with major market being Japan and the US.
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State bank keeps reference exchange rate stable
The State Bank of Vietnam set the reference VND/USD exchange rate at 22,161 VND per USD on January 16, unchanged from the end of last week.
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Challenge awaits VN Index at 690 points
The VN Index, Vietnam’s benchmark stock index, could fall back to the 675-680 range if it fails to reach 690-692 points, according to analysts and securities firms.
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EVN mobilises 2.96 billion VND for power projects in 2016
The Electricity of Vietnam mobilised 2.96 billion USD worth of official development assistance and preferential loans last year.
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Vietnam extends rice trade deal with Philippines
Vietnam will continue to supply up to 1.5 million tonnes of rice per year to the Philippines as the rice trade agreement between the two countries has been extended to December 31, 2018, according to
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SMEs’ lending must be reported to SBV quarterly
The State Bank of Vietnam has asked its branches and credit institutions nationwide to report quarterly their lending to small-and medium-sized enterprises (SMEs).
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Vietnam Airlines branch performs well in Hong Kong
The Vietnam - Hong Kong (China) air route was evaluated as one of the most effective international services of the national flag carrier Vietnam Airlines in 2016, an airline official has said.
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Ho Chi Minh City’s first permanent flower market to open
HCM City’s first permanent flower trading centre will open at the Binh Dien wholesale market in District 8 this year, according to the municipal People’s Committee.
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Party chief urges Chinese firms to bring advanced technology to Vietnam
Party General Secretary Nguyen Phu Trong has urged Chinese enterprises to further expand their investment in Vietnam, using modern and environmentally friendly technologies, for sustainable developmen
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Australia approves in principle import of Vietnam’s dragon fruit
The Australian Ministry of Agriculture and Water Resources has given the green light to the import of Vietnam’s dragon fruit on the condition that the fruit meets bio-security requirements.
