Business

May CPI shows slight reduction due to dropping petrol, power, rice prices

May CPI shows slight reduction due to dropping petrol, power, rice prices

The consumer price index (CPI) in May decreased by 0.03 percent against the previous month and 1.24 percent against last December, but increased by 4.39 percent year-on-year, the General Statistics Office (GSO) reported on May 29.

Vietnamese companies seek business opportunities in Singapore

Vietnamese agricultural, fishery and food businesses were updated on the Singaporean market at an online conference held by the Ministry of Industry and Trade’s Vietnam Trade Promotion Agency (Vietrade) and the Vietnamese Trade Office in Singapore on May 29.

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HCM City prepares to receive foreign workers

The HCM City Department of Health has issued guidelines for medical surveillance of foreign experts coming from abroad as part of COVID-19 prevention efforts.

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More giant foreign firms plan to shift investment into Vietnam

Vietnam is expected to see a new foreign direct investment wave as more foreign companies plan to move investment into the country.

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Pig import approved to ease pork price surge

Vietnam will allow the import of live pigs for the first time in a bid to counter the skyrocketing live hog prices in the domestic market, said an agricultural official.

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Pork prices continue rocketing

Pork prices in Vietnam have kept on increasing, reaching the record high because of local supply shortages.

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Unique HCM City coffee shop takes books as payment

A coffee shop in District 1, HCM City, allows customers to exchange a book for an item on the menu.

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Petroleum prices increase again after pandemic

The retail prices of oil and petrol in Vietnam have increased for a second consecutive time after the Covid-19 pandemic’s initial wave.

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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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