Geopacific’s mine purchase terms amended

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VietStock FI English 2 day(s) ago

An Australian mining firm exploring a significant copper and gold deposit in northern Cambodia has reached an agreement with the tenement’s former owner to amend the terms of its 2013 acquisition of the project, it said this week.

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Da Nang targets 12 percent rise in industrial production value

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Báo Đầu Tư English 2 day(s) ago

Da Nang targets 12 percent rise in industrial production value

The central city of Da Nang has set targets of raising its industrial production value by 11-12 percent and the city's industrial production index by 10.8 percent in 2016.

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Lending rates seen likely to rise in 2016

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Báo Dân Trí English 2 day(s) ago

Lending rates seen likely to rise in 2016

Interest rates will likely increase again this year, after remaining at the low levels of 2006 for the past few years, experts forecast.

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Singaporean bank branch to increase charter capital

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Báo Đầu Tư English 2 day(s) ago

Singaporean bank branch to increase charter capital

The State Bank of Vietnam (SBV) has allowed the HCM City branch of the Development Bank of Singapore Limited (DBS Bank Ltd.) to increase its charter capital.

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Myanmar's 2nd round of bank licences attracts 13 foreign lenders: central bank

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Báo Thanh Niên English 2 day(s) ago

Myanmar's 2nd round of bank licences attracts 13 foreign lenders: central bank

A total of 13 banks, mostly Taiwanese, answered a call from Myanmar's central bank for expressions of interest in a second round of foreign bank licencing aimed at further liberalising a sector that was previously off-limits to international players.

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Private sector needs Government’s encouragement, support

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SaiGon GP English 3 day(s) ago

Private sector needs Government’s encouragement, support

Businesses are expected to have big but challenging opportunities in 2016. To help businesses to overcome difficulties, the Government still needs to promote reform, support, and motivate development of private sector.

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Foreign currency credit may tumble

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VietnamNet English 3 day(s) ago 1 related news

Foreign currency credit may tumble

VietNamNet Bridge – Foreign currency credit has fallen and is expected to continue declining in the coming time as a number of enterprises have converted their foreign currency debt into Vietnam dong.

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Vietnam's auto market forecast to see another good year

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Báo Thanh Niên English 4 day(s) ago

Vietnam's auto market forecast to see another good year

After posting a record growth of 55 percent last year, Vietnam's automobile sales will continue to grow strong this year, albeit at a lower rate, news website VnMedia reported on Tuesday, citing local businesses.

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Economists warn Vietnam to reduce reliance on FDI

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VietnamNet English 4 day(s) ago 1 duplicate news

Economists warn Vietnam to reduce reliance on FDI

One of the measurements of development in Vietnam, as in any country, is the level of foreign direct investment (FDI) say economists, because it represents a long-term commitment by foreign companies to the economy.

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Vietnamese fashion brands fading away

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VietnamNet English 4 day(s) ago

Vietnamese fashion brands fading away

VietNamNet Bridge - Many Vietnamese fashion brands which were once strong have gone downhill because they cannot compete with foreign brands.

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Exporters' outlook for 2016 remains mixed

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VietnamNet English 4 day(s) ago 1 related news

Exporters' outlook for 2016 remains mixed

VietNamNet Bridge – Vietnamese export firms have mixed feelings, both happy and worried, about business prospects for this year.

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Challenging times for VN retail market

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VietnamNet English 4 day(s) ago

Challenging times for VN retail market

In the final days of 2015 a number of commercial centers and supermarkets opened their doors with the expectation of recording bumper sales and making a mark on Vietnam’s retail scene.

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Vietnam’s insurance industry looks to further expansion

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Báo Dân Trí English 4 day(s) ago

Vietnam’s insurance industry looks to further expansion

Insurance was one of the fastest-growing sectors of Vietnam’s economy in 2015 with premium income rising 21.4 percent to reach 68 trillion VND (3 billion USD), while total assets grew by 21.7 percent to 201 trillion VND (8.9 billion USD), according to the Ministry of Finance.

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Private economic sector blocked by three powers

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VietnamNet English 4 day(s) ago 1 related news

Private economic sector blocked by three powers

VietNamNet Bridge - Private businesses, according to economists, have been hampered by state-owned enterprises (SOEs), foreign invested enterprises (FIEs) and state management agencies. The capital cannot reach the private economic sector because it has been taken away by the state budget.

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US dollar appreciation behind hike in dong deposit interest rate

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VietnamNet English 5 day(s) ago 1 related news

US dollar appreciation behind hike in dong deposit interest rate

VietNamNet Bridge - The increased demand for loans as well as the dong appreciation has increased the deposit interest rate.

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