Shipping firms engulfed in difficulties, report losses

More shipping firms have reported losses for 2016 and the first months of 2017 as the freight rate and the demand for goods transport have dropped to a 10-year low.

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Lifting Hurdles to Cashew Industry

Being the largest exporter of cashew nuts in the world but being reliant on foreign inputs is a dilemma that the cashew industry needs to be solved.

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Fresh milk market still attractive despite big rivals

Vinamilk is leading the domestic fresh milk market, but is now being challenged by newcomers.

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Wind energy could grow 7% a year: experts

Experts at a wind energy workshop on Tuesday recommended sustainable solutions for development of the wind power sector in Việt Nam.

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Thousands of goods items to enjoy zero percent tariff in 2018

Thousands of goods items will enjoy a zero percent import tariff in 2018 in line with Vietnam’s commitments on special preferential import duty rates within the framework of 10 free trade agreements (FTA).

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Interest in VN food, beverage sector

The food and beverage sector remains a highly attractive one for both foreign and domestic players, many of whom have announced expansion plans.

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Vietnam firms lack brand building strategy: survey

Vietnamese businesses lack a proper strategy to build brands, a survey by British brand consultant Mibrand has found.

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Vietnam reports first billion-dollar FDI projects of 2018

Soaring foreign investment in the M&A sector may turn the tides of continuously decreasing FDI inflows in the first six months of the year, especially with the appearance of billion-dollar projects.

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Vietnam seeks to increase value of coffee products

Vietnam aims to increase value of coffee products by processing more than 25 percent of its coffee beans by 2020, according to the Processing and Market Development Authority (AgroTrade) under the Ministry of Agriculture and Rural Development.

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Pharma companies report major declines in profits

Despite positive forecasts, the business performance of Vietnam’s largest drug-makers went downhill in the first half of 2018, heralding challenges ahead.

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Vietnam to import 300,000 tonnes of raw cashew

Vietnam will need to import more than 300,000 tonnes of raw cashew nuts in the remaining months of the year for processing to meet the demand of importers, according to processing companies.

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PwC: Viet Nam one of top destinations for foreign investment

Viet Nam is one of top targets for cross-border investment, according to PwC’s survey released recently.

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Processing – major contributor to Vietnam’s economy

With certain advantages, Vietnam has been the destination for many multinational businesses to seek processors, and processing in turn have become a major growth engine of the economy.

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Vietnam targets to attract 100,000 agricultural businesses

Vietnam wants to attract 100,000 businesses to invest in agriculture, of which between 3,000-4,000 enterprises will be large scale with the rest medium-sized.

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Vietnam’s rice industry needs to establish value chains

After the Government took steps to prevent rice prices from falling in February, prices have started to inch up in the Cuu Long (Mekong) Delta – the granary of Viet Nam – though not by much.

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VN aquatic businesses feel windfall from CPTPP

Aquatic businesses have begun to feel the windfall from the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), which came into force in Vietnam from January 14, 2019.

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VN apparel industry suffers due to lack of competitive dyeing, fabric segments

Lopsided development of its various segments and dependence on imports have weakened the textile industry’s competitiveness and creativeness, experts said.

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Vietnam to ease venture capital rules to realize ‘startup nation’ dream

Ho Chi Minh City at night. Photo: Nguyen Van Hai The Ministry of Planning and Investment has drafted a new set of rules which seek to make it easier for local and foreign venture capital funds to operate in Vietnam, where startups are in dire need of funding. The move is the government’s latest effort […]

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Marriage interview no longer needed for Vietnamese-foreigner couples: justice ministry

The Ministry of Justice is seeking a new rule to scrap compulsory marriage interviews, making it easier and less stressful for local residents to marry foreigners in Vietnam.

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Vietnam’s land and people through Indian journalists’ eyes

Sipping beer on pavement, watching water puppet shows in the bustling capital city, hiring a kayak and exploring Ha Long Bay, boarding a north-south train, dodging motorbikes and crossing lush green parks in Ho Chi Minh City are enjoyable experiences two Indian journalists had during their recent trip to Vietnam.

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Vietnam GDP to gain most from TPP, AEC

Vietnam is the country likely to achieve the biggest gross domestic product (GDP) increase in percentage terms by joining the Trans-Pacific Partnership and ASEAN Economic Community in almost all simulation scenarios, according to a study by the Vietnam Institute for Economic and Policy Research.

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More than 10 percent minimum wage increase could lead to massive bankruptcies: VCCI

The Vietnam Chamber of Commerce and Industry (VCCI) has said that if the minimum regional wage increases by more than 10 percent, an increasing number of businesses will dissolve.

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Ride-sharing apps vie to replace private car ownership in Vietnam

A young, tech-savvy population short on cars but big on smartphones is driving double-digit growth for ride-hailing apps Uber and GrabTaxi in Vietnam, and inspiring some executives to dream of replacing private car ownership altogether.

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Made in Vietnam: Should Samsung be treated as a local company?

On the sidelines of a conference at the end of July, Samsung Vietnam CEO Myoung-Sup Han told the press that his company hopes to be treated as a local business soon, instead of a foreign investor.

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Vietnam government to sell its stakes in 10 major companies

The government has announced it will sell out its stakes in 10 companies including dairy giant Vinamilk and information technology leader FPT.

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Franklin Templeton plans to invest $3 bln in Vietnam’s service sector

US-owned investment manager Franklin Templeton will likely invest US$3 billion in a wide range of Vietnamese companies over the next five years, news website Saigon Times Online reported on Monday.

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Vietnam, the nation of motorbikes, may soon see a car boom

The government on Tuesday submitted to lawmakers a plan to cut tariffs and luxury taxes that can send car prices down by 42 percent in 2019.

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Vietnam 35th in Emerging Markets Index

Vietnam’s real estate ranked 35th in the 2015 Emerging Markets Index released by Cushman & Wakefield (C&W) recently.

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Vietnam’s PMI up but manufacturing still sluggish

The October Purchasing Managers Index rose to 50.1, just above the waterline of 50 and up from the previous month’s 49.5, but at that level the manufacturing momentum remains sluggish, according to a monthly report from HSBC.

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Experts: Vietnam should roll-out a national rice brand

Vietnam is one of the world’s top rice exporting nations, but its rice lacks competiveness when stacked up against other countries, such as those contemplating formation of the Trans-Pacific Partnership (TPP) free trade region.

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