Lotte Mart reports $221 mln sales in Vietnam

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Báo Thanh Niên English 1 week(s) ago

South Korean hypermarket chain Lotte Mart, which currently has 11 stores in Vietnam, reported sales of VND5 trillion (US$221.58 million) last year, up 30 percent year-on-year.

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Oil ends markets' losing streak

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Báo Đầu Tư English 1 week(s) ago 1 related news

Oil ends markets' losing streak

Vietnamese shares rebounded from recent losing streaks on both local markets yesterday as rising oil prices lifted energy stocks.

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PM requires achieving GDP growth of 6.7% in 2016

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Báo điện tử CP English 1 week(s) ago

PM requires achieving GDP growth of 6.7% in 2016

VGP – PM Nguyen Xuan Phuc on April 21 held a working session with the Ministry of Finance (MOF), following his meeting with the Ministry of Planning and Investment.

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Vietnam's real estate M&A deals top $1 billion in Q1: report

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Báo Thanh Niên English 1 week(s) ago

Vietnam's real estate M&A deals top $1 billion in Q1: report

Foreign and Vietnamese investors spent at least US$1 billion in deals to acquire real estate projects in the first three months, the Ministry of Planning and Investment's news website Dau Tu reported Thursday, citing industry data.

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Vietnam's central bank allays concerns about sharp rise in offshore savings

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Báo Thanh Niên English 1 week(s) ago

Vietnam's central bank allays concerns about sharp rise in offshore savings

The State Bank of Vietnam has spoken up about a recent sharp rise in offshore savings of local banks, rejecting concerns that its monetary policy led to dollar funds moving overseas.

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Port cargo traffic rises on swelling economy

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VietStock FI English 1 week(s) ago

Port cargo traffic rises on swelling economy

Container traffic at Sihanoukville Autonomous Port (SAP), which operates the country’s only deep-sea port, increased by almost 10 per cent during the first quarter of the year, compared to a year earlier, while tonnage rose by 11.5 per cent, a company official said yesterday.

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Industrial park looks to expand its land bank

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VietStock FI English 1 week(s) ago

Phnom Penh SEZ Plc, which operates a 357-hectare industrial park on the outskirts of the capital, is considering land purchases throughout the Kingdom and investment beyond its borders in an effort to boost its land bank, the company’s primary source of revenue.

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Google's parent Alphabet misses Wall Street view, hit by strong dollar

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Báo Tuổi Trẻ English 1 week(s) ago

Google's parent Alphabet misses Wall Street view, hit by strong dollar

April 21 - Google's parent Alphabet Inc missed Wall Street targets for first-quarter profit and revenue on Thursday, driving shares of the Web search company down 6 percent in late trading on Thursday.

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Microsoft revenue, profit misses estimates

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Báo Tuổi Trẻ English 1 week(s) ago

Microsoft revenue, profit misses estimates

April 21 - Microsoft Corp reported results that fell short of analysts' expectations, showing its high-profile cloud business cannot quite make up for weakness in its core PC market.

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Higher oil prices boost VN stocks

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Báo Đầu Tư English 1 week(s) ago 1 related news

Higher oil prices boost VN stocks

Vietnamese shares showed mixed results on the two local markets this morning, with higher oil prices lifting energy stocks.

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Beverage firms extend losses

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Báo Đầu Tư English 1 week(s) ago

Beverage firms extend losses

Vietnamese shares continued to fall on both local markets yesterday to extend losses from Tuesday, led by the food and beverage industry.

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Seafood export reaches US$1.4 bil

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SaiGon GP English 1 week(s) ago

At a meeting with seafood companies in the Mekong delta on the breeding and seafood export on April 20, the Vietnam Association of Seafood Exporters and Processors (VASEP) said that after a long time difficulty, the country’s seafood export reached US$1.4 billion, 9 percent higher than same period last year.

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LafargeHolcim Group considers restructuring its business in Vietnam

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Báo Đầu Tư English 1 week(s) ago

LafargeHolcim Group considers restructuring its business in Vietnam

Cement manufacturer LafargeHolcim Group, a joint venture between Swiss Holcim Ltd. and French Lafarge Group, may withdraw from Vietnam due to the oversupply of cement in the domestic market.

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Vietnamese cement situation may send LafargeHolcim Group packing

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Báo Đầu Tư English 1 week(s) ago

Vietnamese cement situation may send LafargeHolcim Group packing

Cement manufacturer LafargeHolcim Group, a joint venture between Swiss Holcim Ltd. and French Lafarge Group, may withdraw from Vietnam due to the oversupply of cement in the domestic market.

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Vietnam coffee exports could drop 25 pct in 2016: industry official

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Báo Tuổi Trẻ English 1 week(s) ago 1 duplicate news

Vietnam coffee exports could drop 25 pct in 2016: industry official

HANOI, April 21 - Vietnam's coffee exports could fall 25 percent in 2016 to their lowest in a decade at 1 million tons (16.67 million 60-kg bags), hit by drought, lower yields from old trees and increased output from domestic roasters, a senior industry official said.

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