Economy
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Correction possible of overvalued shares
Shares continued rising in early August but observers are predicting a slowdown in the short term as shares have become expensive and exposed to profit-taking risk.
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Vietjet named Asia’s Best Employer Brand
Vietjet Air has been awarded Asia’s Best Employer Brand in 2017 thanks to its innovative solutions in recruitment as well as its efforts in creating an internationally standardised, professional worki
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Vietnam pushes up fruit exports
Export Service Trading Co Ltd last week exported its first batch of fresh coconuts to the US, which is considered to be a difficult market.
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Special economic zones should enjoy special rules: PM
Prime Minister Nguyen Xuan Phuc agreed in principle that the three special economic zones being planned by the Government to spearhead the country’s economic growth should enjoy special regulations an
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PetroVietnam produces 9.23 million tonnes of oil in seven months
The Vietnam National Oil and Gas Group (PetroVietnam) produced 9.23 million tonnes of oil in the first seven months of 2017, the group reported to Prime Minister Nguyen Xuan Phuc in Hanoi on August 5.
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Shares fail to breach 790 points
The benchmark VN-Index failed to conquer the short-term resistance point of 790 for a second day on August 4, dragged down by bank stocks, while growth of many large-cap stocks supported the market.
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Petrol prices up nearly 600 VND per litre
The ministries of industry and trade and finance decided to raise retail petrol prices as from 3 p.m on August 4.
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SCIC to divest 3.33 percent stake in Vinamilk
The State Capital Investment Corporation (SCIC) will sell 48.33 million shares or 3.33 percent of its stake in the Vietnam Dairy Products JSC (Vinamilk) in October, SCIC Chairman Nguyen Duc Chi said.
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Tuna export revenue surges 21 percent
Vietnam’s tuna export turnover rose 21 percent year-on-year to hit 271 million USD in the first half of the year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
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First int’l standard cold storage comes to central Vietnam
The Transimex Joint Stock Corporation, listed in the HCM City Securities Exchange as TMS, officially put into operation its first international-standard cold/chilled storage unit at its logistics cent
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Market growth slows on rising caution
Shares slowed growth in August 3 afternoon trade on rising investor caution when the benchmark VN-Index touched short-term resistance.
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Industrial index up 6.5 percent in seven months
Vietnam’s Index of Industrial Production (IIP) posted a 6.5 percent year-on-year increase in the first seven months of the year, according to the General Statistics Office (GSO).
