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Economy

VN Index rises for third day

Thursday, 11 January 2018 11:37

VN Index rises for third day Vietnamese shares finished January 10 on a mixed note, hit by strong profit-taking. Energy shares continued to benefit from rising oil prices.
 

Vietnam’s 2017 automobile market below expectation

Thursday, 11 January 2018 11:36

Vietnam’s 2017 automobile market below expectation The Vietnam Automobile Manufacturers’ Association (VAMA) announced on January 10 that it sold 27,882 automobile units in December 2017, up 13 percent from the previous month. 
 
 

Vietnam’s shares up on earnings prospects

Wednesday, 10 January 2018 13:33

Vietnam’s shares up on earnings prospects Vietnamese shares advanced for a second session on January 9 as investors remained upbeat over the firms that are expected to deliver good results in the earnings season.
 
 

A better working city keys realty FDI

Wednesday, 10 January 2018 13:32

A better working city keys realty FDI Ho Chi Minh City’s real estate market saw a robust amount of foreign direct investment in 2017, on the back of improvements in infrastructure and administrative procedures.
 
 

Flexible monetary policies facilitate economic growth

Wednesday, 10 January 2018 13:30

Flexible monetary policies facilitate economic growth The global and domestic economic situation in 2017 has witnessed complex changes, strongly affecting Vietnam’s economic policies in general and the monetary policy in particular. However, thanks to the State Bank of Vietnam (SBV)’s synchronous management, in 2017, monetary policy implementation has achieved positive results, contributing significantly to inflation control, macroeconomic stability and economic growth.
 
 

Vietnam sets credit growth target at 17% for 2018

Wednesday, 10 January 2018 13:29

Vietnam sets credit growth target at 17% for 2018 The State Bank of Vietnam (SBV) has targeted credit growth of about 17% for 2018, said deputy governor Nguyen Thi Hong at a press conference on January 7.
 
 

Vietnam`s foreign trade records impressive achievement in 2017

Tuesday, 09 January 2018 10:14

Vietnam`s foreign trade records impressive achievement in 2017 In 2017, Vietnam`s total import-export turnover exceeded US$400 billion, reaching the highest level ever. After a long period of trade deficit, the balance of trade unexpectedly turned to a surplus, thanks to the government’s drastic reforms and enterprises’ continuous efforts.
 
 

Vietnamese rice earns high export in 2017

Tuesday, 09 January 2018 10:13

Vietnamese rice earns high export in 2017 Vietnam`s rice export recorded a good year in 2017 as export volume reached 6 million tonnes, thanks to an increased demand on the world market.
 
 

More than 700 businesses trade on UPCoM

Tuesday, 09 January 2018 10:11

More than 700 businesses trade on UPCoM The Hanoi Stock Exchange (HNX) said that its Unlisted Public Company Market (UPCoM) welcomed 11 newly registered stock codes, increasing the total number of businesses trading on the bourse to 701 as of January 5.
 
 

Industry in good shape heading into 2018

Tuesday, 09 January 2018 10:05

Industry in good shape heading into 2018 The headline Nikkei Vietnam Manufacturing Purchasing Managers’ Index TM (PMI®), a composite single-figure indicator of manufacturing performance, rose to a three-month high of 52.5 in December, from 51.4 in November. The reading signaled a solid monthly improvement in the health of the sector at the end of 2017. Business conditions have now strengthened in each of the past 25 months.
 
 

Business community’ voices help improve climate

Tuesday, 09 January 2018 10:04

Business community’ voices help improve climate The Vietnam Chamber of Commerce and Industry (VCCI) reported that it had passed 1,152 petitions from the business community to relevant State agencies as of the end of November 2017, and 954 of which had received replies.
 
 

Stock market expected to keep rising this year

Monday, 08 January 2018 12:19

Stock market expected to keep rising this year Vietnam`s stock market is forecast to keep rising in the short term but a few corrections may be necessary to re-balance the market after a long rally.
 
 

Vietnam shrimp exports remain buoyant

Monday, 08 January 2018 12:15

Vietnam shrimp exports remain buoyant Shrimp exports increased sharply last year and the trend will continue this year, according to the Viet Nam Association of Seafood Exporters and Producers (VASEP).
 
 

Thousands of goods items to enjoy zero percent tariff in 2018

Monday, 08 January 2018 11:52

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).
 
 

Budget deficit target set at 3.7% of GDP

Monday, 08 January 2018 11:49

Budget deficit target set at 3.7% of GDP The Ministry of Finance (MoF) expects to keep this year’s State Budget deficit at 3.7 per cent of the GDP, below the 3.9 per cent mandated by the National Assembly.
 
 

VN real estate marks successful 2017

Monday, 08 January 2018 11:33

VN real estate marks successful 2017 Viet Nam witnessed positive development in the real estate market in 2017 with increased transactions of apartments and reduction in real estate inventory.
 
 

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