Economy
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Ho Chi Minh City enterprises borrow 12.5 bln USD from banks in 2016
The bank – enterprise connection programme enabled around 22,000 businesses in HCM City to borrow over 280 trillion VND (12.5 billion USD) from banks last year.
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Vinacomin urged to focus on strong structure
The Vietnam National Coal-Mineral Industries Holding Corporation Limited (Vinacomin) should have a suitable structure to develop its members to become a strong economic group, said Deputy Prime Minist
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VCCI to hold series of activities during APEC Vietnam Year
The Vietnam Chamber of Commerce and Industry (VCCI) will hold a series of activities during the Year of Asia-Pacific Economic Cooperation (APEC) 2017 hosted by Vietnam, heard a press conference in Han
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Luc Yen orange awarded collective trademark
The Luc Yen orange cooperative had its specialty accredited as a collective trademark at a ceremony in the northern mountainous province of Yen Bai on January 12.
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Open-end funds outperform VN-Index in 2016
Open-end funds operating in Vietnam have recorded a positive 2016 with rate of returns of some funds outperforming the growth of the benchmark VN-Index on the HCM Stock Exchange.
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Mekong Capital invests in F88
The Mekong Enterprise Fund III Ltd (MEF III), managed by private equity firm Mekong Capital, on January 11 inked an investment deal with the Hanoi-based pawn shop chain F88.
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ACV to sign strategic agreement with French airport
The Airports Corporation of Vietnam (ACV) plans to sign a strategic partnership agreement with French airport authority Aéroports de Paris (ADP) in March this year.
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Forum explores Vietnam-Bashkortostan business partnership potential
A business forum between Vietnam and the Republic of Bashkortostan, Russia, was held in Hanoi on January 11, exploring business partnership potential between the two sides.
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SCIC discloses year-end income report
The State Capital Investment Corporation (SCIC) recently announced its report for 2016 and plans for 2017, in which it claimed to have nearly doubled its 2015 post-tax income.
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Vietcombank posts record high pre-tax profit for 2016
The Bank for Foreign Trade of Vietnam (Vietcombank)’s pre-tax profit hit a record high of 8.2 trillion VND (361.76 million USD) in 2016, up 23.4 per cent against 2015.
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Vietnamese apparel firms receive full orders until March
Garment and textile enterprises have received enough orders to keep them busy through the first quarter of this year, said Mr. Le Tien Truong, General Director of the Vietnam National Textile and Garm
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Metro Vietnam changed into MM Mega Market
Thailand’s TCC Group, which purchased the Metro Cash & Carry Vietnam in January 2016, on January 10 announced the official change of the brand name “Metro Viet Nam” to “MM Mega Market Viet Nam”.
