Airbus Considers Making Parts in Vietnam After Plane Orders Orders

Airbus Group SE is considering producing aircraft parts in Vietnam after VietJet Aviation Joint Stock Co. placed $9.8 billion in plane orders in less than two years.

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Ondernemen in Vietnam: ‘Houd je niet van bier, dan heb je een probleem’

In het zich snel ontwikkelende Vietnam liggen voor Nederlandse ondernemers de kansen voor het oprapen. Gabor Fluit, algemeen directeur Zuidoost-Azië van diervoederbedrijf De Heus, geeft vier tips voor een succesvolle Vietnam-strategie.

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Vietnam cuts pump prices slightly following global drops

Vietnam fuel retailers cut gasoline prices by up to 2 percent Monday and oil prices by around 7 percent, the third price reduction this year as global rates continued to fall.

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What do US corporate giants want in Vietnam?

Vietnam has every reason to attract US investment capital, which has great influence on other investors as American companies are known as choosy.

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Samsung Display to invest extra $3 bln to boost Vietnam output: source

A subsidiary of Samsung Electronics Co Ltd plans to increase its investment in Vietnam by an additional $3 billion to boost display module production capacity, a person with direct knowledge of the matter told Reuters on Friday.

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US tech venture fund 500 Startups enters Vietnam’s fast-growing market

With nearly 44 percent of its population using the Internet, Vietnam has become the latest target market of 500 Startups, a seed fund and accelerator for Internet startups.

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Vietnam exempts visa for Viet kieu, foreign spouses of Vietnamese citizens

Viet kieu arrives at Tan Son Nhat Airport for the Tet Lunar New Year holiday in February 2015. Photo credit: Dan Tri A new government decree has allowed overseas Vietnamese, their foreign spouses and children to visit Vietnam without having to apply for a visa. Foreign family members of Vietnamese citizens will also benefit from […]

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Businesses complain about regulation on scrap imports

The Ministry of Natural Resources and the Environment (MONRE) are still asking enterprises to pay deposit for scrap imports 15 days in advance, ignoring businesses’ complaints about the requirement.

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Coastal town Phan Thiet to host seafood festival for tourism day

The central province of Binh Thuan has announced a diverse range of activities to celebrate its upcoming Tourism Day.

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Businesses dealt a blow because of dollar speculation

The dollar price has cooled down after climbing when the State Bank announced the dong devaluation of one percent in August, having dealt a blow to businesses which hoarded dollars in anticipation of a continued dollar price hike.

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Trade deficit hits US$4.1b through Oct

Vietnam’s trade deficit through the end of October this year, increased to US$4.1 billion from US$3.9 billion in the first nine months, according to the General Statistics Office (GSO).

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French retailer Auchan lands in Hanoi

France’s leading retail group Auchan will sign a strategic cooperation contract with the Military Petrochemical JSC (Mipec) on November 3 to get its supermarket chain underway in Hanoi. A contract to lease space at the Mipec Long Bien Commercial Center will also be signed.

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Multi-national groups fleeing from China, heading for Vietnam

Samsung, LG and Intel have injected more money into Vietnam. Some multinational conglomerates are considering relocating their global production bases to Vietnam. Others are planning to set up factories in Vietnam.

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TPP heralds new financial structuring

Experts forecast that the Trans-Pacific Partnership (TPP) will bring about sweeping changes within the Vietnamese financial market, however, thorough preparation is needed to maximize potential benefits.

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Civil servants among biggest drinkers in Vietnam: survey

Civil servants and young people are the biggest drinkers in Vietnam, according to a recent survey by the Institute of Sociology in Hanoi.

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Vietnam banking system outlook stable: Moody’s

The outlook for the Vietnamese banking system is stable, driven by the country’s good economic growth and stabilising asset quality and good liquidity, according to a Moody’s report released early this week.

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VN exports to grow 10% from 2021-2030

Vietnam’s exports are expected to grow by 10.1 per cent from 2021 to 2030, largely unchanged from the growth anticipated for 2015 to 2020, according to HSBC’s Trade Forecast Report released on December 9.

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What the COP21 Climate Change Deal Will Mean in Vietnam

As news outlets around the world pick apart the pros and cons of last week’s landmark climate change deal, Vietnam seems to have a few reasons to celebrate.

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MOIT predicts new wave of investment in logistics sector

“I believe that there will be a wave of foreign investors funneling their capital into Vietnam’s logistics sector in the time to come when Vietnam joins AEC (ASEAN Economic Community) and the TPP (Trans Pacific Partnership Agreement),” said Tran Thanh Hai, deputy director of the Ministry of Industry and Trade’s (MOIT) Import – Export Department.

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Vietnam’s export sees lowest increase in five years

Vietnam’s export turnover in 2015 is estimated at 162.4 billion USD, representing a year-on-year increase of 8.1 percent, the lowest pace over the past five years.

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Facing TPP dairy deluge, Vietnam milk firms shift strategy to survive

Vietnam’s fast-growing dairy companies are investing big in new markets as they brace for stepped-up competition at home from global giants on the prowl to take advantage of a Pacific trade pact.

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It’s Official: Americans to Get 1-Year Vietnam Visas by June

Starting later this year, American tourists visiting Vietnam will be able to get a one-year, multiple-entry visa.

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Vietnam’s labor productivity increases nearly 24% in five years

Compared to 2010, the average productivity per worker in Vietnam increased nearly 24%, but it was not enough to offset the gap in productivity with other countries in the region.

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Food chains get bogged down in Vietnam

Despite being backed by powerful financial resources, many food chains cannot achieve satisfactory business in Vietnam.

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Vietnamese drink 1 billion liters of beer in 4 months

Brewers in Vietnam produced more than a billion liters of beer in January-April, mostly for domestic consumption, according to the Ministry of Industry and Trade.

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Vietnam to import inexpensive Australian cows as demand for beef grows

Live beef in Vietnam is the most expensive in South East Asia, which explains why Vietnamese businesses are now rushing to import Australian cows at low prices.

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Newly-registered firms soar in first five months

Vietnam registered 44,740 new enterprises with total capital of VND349 trillion ($15.6 billion) in the first five months of this year, an increase of 24.1 per cent in number and 59.3 per cent in capital against the same period of 2015, according to the National Business Registration Portal at the Ministry of Planning and Investment (MPI).

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Local plastics firms hope to edge out market rivals

Vietnamese plastics firms have upped their game in the face of foreign competition.

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Cambodia, Laos, Myanmar, Thailand and Vietnam to form a single destination for investors, tourists

Government officials, enterprises from Cambodia, Laos, Myanmar, Vietnam and Thailand gathered in Bangkok on June 16 for the first ever forum to discuss ways to form a seamless Mekong Delta region or a Single Destination.

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Vietnam becoming a magnet for technology firms, but problems persist

Apple may invest $1 billion in Vietnam to build a research and development center, most likely to be located in Hanoi, to serve the entire Asian region.

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