Economy
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Binh Son Refinery to hold IPO in early 2018
Binh Son Refining and Petrochemical Company Limited (BSR) plans to float 242 million shares, equivalent to 7.79 percent of its chartered capital, in an initial public offering (IPO) scheduled for Janu
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Sabeco slump slows down shares
Shares declined on the two national stock exchanges on December 19, dragged by the slump of brewer Sabeco, but cash flow remained strong which opened an opportunity for a recovery in the next session.
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Auto prices not to fall despite zero ASEAN tariff
There is great anticipation that automobile prices in Vietnam will decrease by 10-15 percent in the case of older models and 5-10 percent in the case of new models as automobile import tariffs are cut
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SDG Challenge 2017 competition names four winners
The United Nations Development Programme in Vietnam (UNDP) in collaboration with HATCH! VENTURES held a ceremony in Hanoi on December 19 to present awards to the top four teams of the SDG Challenge 20
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IFC’s lending package helps Vietnamese SMEs
The International Finance Corporation (IFC) announced on December 19 a successful syndicated senior loan package transfer of 110 million USD to An Binh Commercial Joint Stock Bank (ABBANK) as a joint
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Freight rail service linking Hai Phong with China’s Kaiyuan launched
The Vietnam Railways Corporation (VNR) has launched a freight rail service between Vietnam’s northern port city of Hai Phong and Kaiyuan in China’s Yunnan province.
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Reference exchange rate revised up 6 VND
The State Bank of Vietnam raised the daily reference VND/USD exchange rate by 6 VND to 22,445 VND per USD on December 19.
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Local markets get Sabeco auction lift
Shares on both local markets advanced further towards the end of December 18 afternoon session on solid investor confidence following the successful Sabeco share auction, as well as the recovery of ma
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Petrolimex to sell Euro5 diesel oil from 2018
The Vietnam National Petroleum Corporation (Petrolimex) will be the first to distribute diesel oil with Euro 5 standard in the Vietnamese market from January 1, 2018.
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Vietnam, RoK trade grows sharply on FTA
The Free Trade Agreement between Vietnam and the Republic of Korea (RoK), which came into effect two years ago, has served as a catalyst for the two countries’ trade growth.
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Experts: Start-up potential high for solution finders
A huge potential exists in the country for start-ups that find innovative solutions for existing problems, and young people must be the game changers for this to happen.
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Quang Ninh: Van Don gears towards special administrative-economic zone
The northern province of Quang Ninh has decided to choose Arcadis & Callison RTKL from Hong Kong (China) to become its consultant for the development of Van Don special administrative-economic zone.
