Economy
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North-South expressway to cost 13.6 billion USD
Prime Minister Nguyen Xuan Phuc has decided on the final investment plan for the ambitious 1,372-km North-South expressway project, which will cost 310 trillion VND (13.6 billion USD) over three phase
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Ho Chi Minh City’s industrial production index rises 7.29 percent
Ho Chi Minh City’s industrial production index (IPI) in the first five months of this year increased by 7.29 percent as compared to the same period last year, reported the municipal People’s Committee
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Fruit, vegetable exports hit 1.38 billion USD in 5 months
Fruit and vegetable exports earned an estimated 1.38 billion USD in the first five months of 2017, up 38 percent from the same period last year.
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BIDV launches credit packages for start-ups, micro enterprises
The Bank for Investment and Development of Vietnam (BIDV) has launched preferential credit programmes worth a total three trillion VND (132.1 million USD) to support start-ups and micro enterprises.
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Short-term deposit rates forecast to reduce in 2017
The market research company Market Intello forecast that the average interest rate this year would reduce by 0.5 percentage points compared with 2016.
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Power sector seeks way to go green over power shortage
Vietnam’s electricity supply might meet only half of total demand in the future, predicted Tran Trong Quyet, vice chairman of the Southern Power Association.
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Emirates boosts exports from Vietnam to UAE
Emirates SkyCargo, the freight division of Emirates, has played a key role in strengthening trade links in perishables between Vietnam and the UAE.
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Ho Chi Minh City draws more 1.37 billion USD in foreign investment
Ho Chi Minh City attracted 1.37 billion USD in foreign direct investment (FDI) in the first five months of 2017, a year-on-year increase of 45.8 percent.
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Agro-forestry-aquatic product exports hit 13.7 billion USD
The export value of agricultural, forestry and aquatic products reached 13.7 billion USD in the first five months of 2017, a year-on-year increase of 9.5 percent.
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RoK firm inaugurates semiconductor plant in Ha Nam
The Seoul Semiconductor Co., Ltd from the Republic of Korea (RoK) on May 27 inaugurated a plant in the northern province of Ha Nam.
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Shares up on few blue chip gains
Shares bounced back May 26 thanks to the growth of a few leading large-cap stocks, but the market is exposed to risk of a downward correction following a prolonged rally.
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RoK becomes largest FDI investor in Vietnam in five months
The Republic of Korea (RoK) was the largest among 91 countries and territories investing in Vietnam in the first five months of 2017, with total foreign direct investment (FDI) of 4.41 billion USD, 36
