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As Asian supply chains shift, Vietnam is poised to benefit

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A magazine read by ocean shipping and logistics chain specialists the world over has concluded that Vietnam is about to inherit much of China’s ‘decade-long role as the world’s factory floor.’

 

 

Vietnam’s trade deficit widens as exports fall on gold sales

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Vietnam’s trade deficit widened in June as exports slumped due to a decline in gold sales.

 

   

SOEs missing equitization deadline to become one-member limited firms

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The Vietnamese government has decided to convert three major state-owned enterprises (SOEs) to one-member limited companies as they cannot complete their equitization before the July 1 deadline.

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East-West Economic Corridor nations bolster trade links

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East-West Economic Corridor (EWEC) member countries met June 26 to work out measures to clear obstacles to promote investment, trade and tourism to accelerate economic development in the EWEC, wh [ … ]

   

3 Vietnamese firms win int'l quality awards

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This file photo shows workers at a Viglacera brick factory

Three Vietnamese companies have won the 2010 International Asia-Pacific Quality Award, awarded by the Asia-Pacific Quality Organiz [ … ]

   

River pollution leads to uncertain future for workers

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Quang Phu Sugar Manufacturer's employees working.

 

Mass deaths of wildlife in Tra Khuc River have led to major changes for some companies.

 

   

PetroVietnam restructures in conformance with Companies Law

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The Government has approved the transformation of the state-owned holding company Vietnam Oil and Gas Corporation (PetroVietnam) into a so-called ‘one-member limited liability company’ owned by the [ … ]

   

Leap in agriculture, seafood exports

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Export turnover of farm produce, forest products and seafood increased 13.5 per cent year on year to US$8.6 billion in the first half of 2010, reports the Ministry of Agriculture and Rural Developm [ … ]

   

Two-way street

alt Foreign enterprises and the media rely on each other in the provision of information.
   

Foreign exchange market remains stable

(1 vote, average 5.00 out of 5)
altCommercial banks now have abundant foreign currency reserves to sell to the State Bank of Vietnam (SBV), says Nguyen Quang Huy, Director General of the SBV Foreign Exchange Management Department. [ … ]
   

FDI inflows climb by 6% in first half

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Foreign direct investment (FDI) disbursement in June reached US$900 million, lifting the total figure in the first half of the year to $5.4 billion, up nearly 6 per cent over the same period la [ … ]

   

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