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The Ministries of Finance and Industry and Trade issued a circular on January 28 to request petroleum wholesalers not to raise prices.
Two leading commercial banks of Vietnam, Vietnam Export-Import Bank (Eximbank) and Saigon Thuong Tin Bank (Sacombank), will merge into one in the next 3-5 years.
The project, launched last September and set to run through the end of 2016, has an additional target of raising the nation’s prestige international through a more active role in South-South Cooperation-an exchange of experience and expertise among Governments, organizations, and individuals in developing...
Vietnamese state-owned groups and corporations recorded total revenues of over VND1,621 trillion in 2012, while their total debt was an immense VND 1,335 trillion, or US$64.13 billion, the Steering Committee for Enterprise Reform and Development said
Vietnam should take advantage of free trade agreements (FTAs) signed with foreign countries to achieve its set target of 10-percent export growth in 2013.
The Vietnam Association of Seafood Exporters and Producers (VASEP) predicted Vietnamese shrimp exports may reach US$2.4 billion this year, an increase of 6.5 percent compared to last year. Vietnam achieved US$2.25 billion in shrimp export value via exports in 2012 to over 90 countries and territories...
The Vietnam Urban and Industrial Zone Development Investment Corporation (IDICO) has secured a firm position in the market. It has invested in building infrastructure for industrial zones, urban and residential areas, power systems and transport works, considerably contributing to the attraction of...
Viet Nam’s overseas investment was expected to hit US$1-1.5 billion in registered capital this year, while disbursed capital was estimated at $0.9-1 billion, according to the Foreign Investment Agency.
Vietnam, India and Indonesia stand to benefit most from the foreign direct investment (FDI) migration as they have large labour forces and strong domestic markets, said the Hong Kong-Shanghai Banking Corporation (HSBC) in its latest report.
National Assembly (NA) Chairman Nguyen Sinh Hung has affirmed that Vietnam wishes to increase cooperation with the Republic of Korea (RoK), and suggested that the two sides maintain all-level delegation exchanges to boost mutual understanding and trust.
The Viet Nam Steel Corporation is hastening construction its new plant in northern Lao Cai Province as well as the second phase of its Thai Nguyen Iron and Steel Co expansion project.
