Economy
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Government to fully own 34 less SOEs by 2020
The Government aims to reduce the number of fully State-owned enterprises (SOEs) from 137 to 103 by the end of 2020, according to a plan approved by the Prime Minister.
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New international container route goes through Quang Ninh
Cai Lan International Container Terminal announced the launch of a new route for container vessels ACS Cai Lan connecting India, Malaysia, Singapore, Vietnam, China and the Republic of Korea on June 6
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FLC Group to list on Singapore exchange
FLC group has, in Hanoi, worked out the finer points with its Singaporean partners about its plan to list on Singapore's stock exchange.
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Vinalines, Japanese NYK Line cooperate in transportation, logistics
Vietnam National Shipping Lines (Vinalines) and Japan’s NYK Line will study developing transportation and logistics activities to serve plants and industrial parks in the Mekong Delta region, per a Me
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PM approves plan to equitise state-run construction corporation
Prime Minister Nguyen Xuan Phuc has approved a plan to equitise the State-run Vietnam Urban and Industrial Zone Development Investment Corporation (IDICO) which has chartered capital of 3 trillion VND
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Honda Vietnam to increase export of CBU vehicles by 12 percent
Honda Vietnam (HVN) aims to increase the export of completely built-up (CBU) vehicles by 12 percent and introduce 10 new motorbikes to the market in the fiscal year 2018 (from April 2017 to March 2018
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Three more companies trade on UPCoM
The Infrastructure Development and Construction Corporation (Licogi) officially began trading 90 million shares on the Unlisted Public Company Market (UPCoM) under the stock code LIC at a starting pri
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Ho Chi Minh City agrees to expand capacity of Tan Son Nhat airport
The HCM City People’s Committee has notified the Ministry of Construction that it agrees with the ministry’s master plan to boost capacity by up to 40 percent at the Tan Son Nhat International Airport
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Unsold real estate value drops 10 percent from late 2016
Unsold properties nationwide were valued at about 27.89 trillion VND (1.23 billion USD) as of late May, down 10 percent from the end of 2016.
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Mitsubishi unit funds Vietjet Air’s aircraft purchases
Mitsubishi UFJ Lease & Finance Company Limited (MUL) will finance Vietjet Air’s acquisition of three brand new A321 aircraft, worth 348 million USD in total.
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Cement export tax burdens domestic firms
The imposition of 5 percent export tax on cement is weighing down the industry, which has been facing a severe surplus of supply over demand in the local market.
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CapitaLand wins best developer award
The PropertyGuru Vietnam Property Awards has recognised the developers, real estate projects and designs in top-tier markets and emerging resort destinations.
