Business

Ministry seeks ideas on Mekong Delta master plan

Ministry seeks ideas on Mekong Delta master plan

A conference has been held to to seek ideas and consultations from leaders of Mekong Delta localities, experts and scientists for the delta’s Integrated Regional Master Plan in 2021-2030 with a vision to 2050.

Famous Danang market still deserted due to Covid-19

Traders at the Han Market which is a popular tourist destination in Danang City are closing their businesses due to a lack of customers amid Covid-19 pandemic.

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More violations highlighted in Hanoi metro project

The Government Inspectorate has just announced various violations at a long-delayed Hanoi metro project.

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Petrol prices sharply increase

The ministries of Industry and Trade, and Finance have ordered a sharp raise in retail petrol prices from Thursday afternoon.

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200 firms participate in Vietnam Local Specialties Fair 2020

More than 200 enterprises have joined a fair introducing specialties from different regions held in Hanoi.

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International financing key to develop Vietnam's power sector: Officials

Vietnam needs 150 billion USD to invest in power projects in the next 10 years, equal to half the country’s current gross domestic product (GDP), which raises demand for international financing.

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Vietnam remains world’s largest producer, exporter of cashew nuts

Vietnam has maintained its position as the world’s largest producer and exporter of cashew nuts in 2020, exporting an estimated 450,000 tonnes of cashew kernels worth 3.2 billion USD, according to the Vietnam Cashew Association.

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US, Japanese firms propose investments in Khanh Hoa LNG projects

Several big investors from the United States and Japan have proposed some large liquefied natural gas-fired power plant and storage projects in Khanh Hoa Province.

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As many as 706 enterprises, 85 percent of 832 listed companies on the Vietnamese stock market, generated profits during the third quarter of this year.

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The Government’s foreign debts have been declining sharply and under the Government’s control, Deputy Prime Minister Vuong Dinh Hue said while chairing a meeting with leaders of some ministries, sectors and the National Financial Supervisory Commission.

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Foreign financial institutions were eyeing up poorly-performing Vietnamese banks after being given the green light to acquire stakes in local institutions in a move to speed up the restructuring of the country’s banking industry, according to banking expert Nguyen

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Vietnam had 12,327 people with USD3 million to below USD30 million in net assets by the end of 2018, up 23% over the past five years and the figure is projected to reach 15,776 people by 2023.

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Many banks have seen their service earnings accelerate, buoyed by increasing investment for the business segment and rising market demands.

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Vietnam has set a target to restrain inflation at below 4% in 2019, however, there may be challenges.

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