Economy
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Vietnam-India trade posts strong growth
Vietnam’s total export-import turnover to India reached 4.24 billion USD in the first seven months of this year, representing a year-on-year rise of 42.95 percent.
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Market down on fragile confidence
Shares declined on August 15 after a brief recovery in the previous session when a number of heavyweight shares sank into the red on fragile investor confidence.
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Vietnam spends nearly 1.7 billion USD on corn import every year
Vietnam has so far this year imported 4.13 million tonnes of corn worth 825 million USD, according to the Ministry of Agriculture and Rural Development.
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53 million USD industrial park to be built in Tra Vinh
The People’s Committee of the southern province of Tra Vinh has granted a licence to Dong Do Southern Construction and Investment Joint Stock Company to build Co Chien Industrial Park.
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Finance Ministry proposes new tax on pickups
The Ministry of Finance has proposed that the Government apply a special consumption tax on pickups to be set at 60 percent of the tax on cars with nine seats or less with similar engine displacement,
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Vietnam’s exports to Algeria continue to grow
Vietnam’s exports to Algeria continued to grow by 29 percent year-on-year to 208 million USD in the first seven months of 2017 after rising by 37 percent in the first half, according the General Depar
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Railway sector asked to improve competitiveness
Prime Minister Nguyen Xuan Phuc’s working group has called for the railway sector to raise its competitiveness in comparison with other modes of transport.
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Thanh Hoa’s Sam Son city set to become first-tier urban area by 2025
Sam Son city in the north central province of Thanh Hoa is set to become a second-tier urban area by 2025 and the first-tier coastal tourist urban area of world class by 2040 under the province’s mast
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Dong Nai told to do feasibility study for Long Thanh airport
The Government has instructed the southern province of Dong Nai to coordinate with relevant agencies to do a feasibility study for acquiring land for the construction of Long Thanh airport and paying
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Vietnam’s exports to Algeria continue to grow
Vietnam’s exports to Algeria continued to grow by 29 percent year-on-year to 208 million USD in the first seven months of 2017 after rising by 37 percent in the first half, according the General Depar
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Market rebounds on large-caps
Shares rebounded on August 14 after four consecutive downturns on the two national stock exchanges last week, boosted by recovery of large-cap stocks.
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Reference exchange rate up 3 VND
The daily reference exchange rate for VND/USD was set at 22,444 VND on August 15, up 3 VND from the previous day.
