Business

Japan adopts new forms of assistance to Vietnam to suit the new situation

Japan adopts new forms of assistance to Vietnam to suit the new situation

Japan is interested in cooperation to support development not only for infrastructure systems and human resources, but also in agriculture, health care and environment.

Ministry encourages farmers to boost pig raising

The Ministry of Agriculture and Rural Development has called on farmers to quickly resume pig farming to ensure adequate domestic supply during the last months of the year.

 >>  Pork prices forecasted to continue rising
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The Sabre Corporation, the leading technology provider to the global travel industry, has announced that Vietnam Airlines is the first carrier in Asia-Pacific to leverage the industry-leading loyalty redemption solution, Sabre Dynamic Rewards.

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Multi-level marketing network found illegally operating in Vietnam

The Vietnam Competition and Consumer Protection Authority under the Ministry of Industry and Trade have warned people not to join a multi-level marketing network which has been found to be illegally-running in Vietnam.

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Pork prices forecasted to continue rising

The Ministry of Agriculture and Rural Development has forecasted that pork prices would continue sharply rising until the Tet Holiday.

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PM approves plan to boost sustainable growth of private sector

Prime Minister Nguyen Xuan Phuc has approved a plan to boost the sustainable development of the private business sector towards 2025 with a vision to 2030 with six major solutions.

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Over 150 RoK enterprises set to attend Korea-Vietnam Business Summit

The Chu Lai Complex in the central province of Quang Nam will play host to the Korea-Vietnam Business Summit on November 9, which is expected to attract more than 150 businesses from the Republic of Korea.

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HCM City’s authorities meet British firms to tackle business difficulties

The administration of Ho Chi Minh City and the British Business Group Vietnam (BBGV) held a conference on October 14 to seek ways for removing difficulties facing British investors.

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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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Vietnam’s public debt in 2018 was estimated to account for less than 61% of national GDP, according to an official from the Ministry of Finance.

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