Economy
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Condotels’ legality to be clarified amid rising demand
The legality of condotels needs to be clarified to better manage this new type of property gaining popularity in Vietnam, a representative from the Ministry of Construction has said.
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Stocks stay down on low investor confidence
Vietnamese shares have had a rough losing week and the next five trading sessions at least are likely to trade negatively, according to analysts and brokerage companies.
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Can Tho, Japan seek cooperation opportunities in agriculture
Chairman of the People’s Committee of the Mekong Delta city of Can Tho Vo Thanh Thong on August 13 had a working session with a Japanese delegation to discuss cooperation opportunities in agriculture
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Interest rate’s decline supported from various factors
The National Financial Supervision Commision has assessed in its financial report for July that declines in the interest rate for the rest of 2017 will be supported by both domestic and international
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Lending interest rates dropped in July
The State Bank of Vietnam revised down its prime interest rates in July and those of short-term loans for priority fields.
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SCIC manages State capital of nearly 20 trillion VND at 141 firms
The State Capital Investment Corporation (SCIC) had invested in 141 businesses as of July 31 with total State capital of almost 19.56 trillion VND (860.6 million USD) among their combined charter capi
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Radical proposals for special administrative-economic zones
The abolition of people’s councils, permitting casinos to be set up and allowing foreign investors to lease land for 99 years are among the main provisions of a proposed new law to govern the three sp
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Ho Chi Minh City trials scrapping construction licence
The Ho Chi Minh City People’s Committee has scrapped construction permits for individual houses on a trial basis in residential areas where the 1/500 scale detailed planning is complete.
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Phu Yen applies high technology in shrimp farming
The central coastal province of Phu Yen will branch out high-tech shrimp cultivation models in a bid to realise its target of 100 million USD in production value by 2025.
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Ho Chi Minh City property market sluggish
A lull in the Ho Chi Minh City real estate market is pushing developers to offer promotions to bring back buyers.
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Stocks fall again on poor confidence
Vietnamese shares extended losses for a fourth session on August 11, the last working of the week, as investors acted cautiously following the market’s recent downturn.
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Jetstar Pacific launches Dong Hoi-Chiang Mai service
Low-cost airline Jetstar Pacific officially launched a direct service between Dong Hoi airport in Vietnam’s Quang Binh central province and Chiang Mai in northern Thailand on August 11.
