Economy
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Rapid credit growth possible, but risky: experts
The Government has called for faster than targeted credit growth in pursuit of this year’s GDP goal of 6.7 percent.
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Agro-fishery-forestry export surges in first 8 months
Agro, fishery and forestry export turnover in the first eight months of this year rose 13.5 percent from the same period last year to 23.66 billion USD, reported the Ministry of Agriculture and Rural
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Finance Ministry drafts auto part tax cuts
The Ministry of Finance plans to cut import taxes on auto parts, in line with the World Trade Organisation (WTO)’s rules.
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Bac Lieu strives to become centre of shrimp industry
The establishment of a hi-tech shrimp farming zone in the Mekong Delta province of Bac Lieu approved by the Prime Minister is expected to create a momentum for the locality to build itself into a cent
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Indonesia firm to build coal port in Vietnam
Indonesia’s PT. Intra Asia Corpora has signed a memorandum of understanding (MoU) with Vietnam’s Hong Phat Coal and Resources Company to build a coal port in southern Vietnam.
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Coffee value to increase despite output dropping
Vietnam exported 974,712 tonnes of coffee from January 1 to August 15 this year, a reduction of 16.4 percent from the same period last year, earning 2.22 billion USD in value, up 7.9 percent, accordin
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Reference exchange rate down 3 VND at week’s beginning
The State Bank of Vietnam set the daily reference exchange rate for VND/USD on August 28 at 22,443 VND per USD, down 3 VND from the last day of previous week (August 25).
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Seafood exports roses by 18.1 percent in 8 months
Vietnam shipped 749 million USD worth of seafood abroad in August, bringing seafood exports in the first eight months of 2017 to 5.13 billion USD, up 18.1 percent from the same period last year.
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Shares may not extend rallies through August
Vietnamese shares have risen during the last three sessions on both the local exchanges, but this rally is not expected to sustain through the last trading week of August.
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Farm sector set for wave of mergers, acquisitions
Thanh Thanh Cong Tay Ninh Joint Stock Company (TTCS) will fully acquire Bien Hoa Sugar Joint Stock Company (JSC), becoming the biggest sugar producer in Vietnam.
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APEC economies share experience in engaging in RTAs/FTAs
APEC officials shared views and experience in negotiating, concluding and implementing regional trade agreements (RTAs) and free trade agreements (FTAs) at a dialogue in Ho Chi Minh City on August 27.
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Vietnam has advantages to join RTAs/FTAs: experts
Vietnam has a lot of advantages to join regional trade agreements (RTAs) and free trade agreements (FTAs), said delegates to the APEC SOM Dialogue on RTAs/FTAs in Ho Chi Minh City on August 27.
