Economy
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RoK largest retailer comes to HCM City
The largest retailer Emart of the Repbulic of Korea (RoK) will open its first hypermarket in Vietnam on December 28 in Go Vap district in Ho Chi Minh City.
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Local exports to face stiff competition
Vietnam's exports, especially agro-forestry and fisheries, will face difficulties in 2016 if the country does not drastically restructure the industry, said Tran Tuan Anh, Deputy Minister of Industry
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Vietnam opens e-market for agro-forestry-fishery products
The first e-market for Vietnam’s agricultural, forestry, and fishery products called AGROMART was launched in Hanoi on December 22 by the Agricultural Trade Promotion Centre under the Ministry of Agri
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Vietnam’s garment exports likely reach 28 billion USD
Vietnam remains to be in top five of the world’s largest apparel exporters by raking in 28 billion USD from shipping garment products to foreign countries in 2015.
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Enterprises have two years to prepare for FTAs
Businesses in the agriculture sector, especially breeding, will be most vulnerable to the effects of Free Trade Agreements (FTAs) and Trans-Pacific Partnership (TPP) with bigger partners.
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Vietnam-RoK free trade agreement becomes effective
The free trade agreement (FTA) between Vietnam and the Republic of Korea (RoK) became effective on December 20, according to the Ministry of Industry and Trade (MOIT)’s press release on December 19.
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Japanese apples re-enter Vietnamese market
Vietnamese consumers have chance to enjoy succulent apples imported from Japan as the fruit is being sold at Aeon’s 75 stores across the country, said Nagahisa Oyama, managing director of Aeon Vietnam
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Vietnam’s forex remains stable after FED’s interest rate increase
The US Federal Reserve (FED)’s decision to raise interest rates by 0.25 percentage points on early December 17 has not prompted the State Bank of Vietnam to change its policy on stabilising foreign ex
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Malaysian group invests in Song Hau 2 Thermal Power Plant
The People’s Committee of the Mekong Delta province of Hau Giang and the Malaysian Toyo Ink Group on December 15 initialed a contract for Song Hau 2 Thermal Power Plant project, reported Sai Gon Giai
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Credit growth this year positive at 18 percent
Credit this year could reach roughly 18 percent, meeting the capital demands of the economy, Deputy Director of the State Bank of Vietnam's Monetary Policy Department Nguyen Duc Long said.
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Vietnam’s rice export surpasses yearly target
Vietnam’s rice exports are likely to exceed the target set for 2015 by 200,000 -300,000 tonnes, hitting around 6.5 million tonnes for the year.
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Dong Nai’s trade surplus to hit 1.5 billion USD this year
The southern province of Dong Nai is likely to record a trade surplus of 1.5 billion USD this year, according to the provincial Department of Industry and Trade.
