China imports half of Vietnam’s crude oil in first quarter

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Báo Dân Trí English 5 day(s) ago 1 related news

China imported up to half of Vietnam’s exported crude oil in the first quarter of this year, according to the Vietnam General Customs Department.

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Vietnam beer giant Sabeco says state divestment plan submitted

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Báo Tuổi Trẻ English 6 day(s) ago

Vietnam's trade ministry has submitted a plan for the divestment of the government's majority stake in Sabeco, the company's CEO said on Tuesday, moving the country's largest brewer one step closer to a long-awaited privatisation.

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Textile and garment see resurgence of capital flows

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Báo Đầu Tư English 4 day(s) ago 2 related news

After a period of stagnation, capital inflows into the textile and garment industry have started pouring back, continuing to expand existing projects, with a focus on deeper exploitation of existing export markets.

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Textila and garment see resurgence of capital flows

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Báo Đầu Tư English 4 day(s) ago 2 related news

After a period of stagnation, capital inflows into the textile and garment industry have started pouring back, continuing to expand existing projects, with a focus on deeper exploitation of existing export markets.

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ANZ Vietnam sells its retail arm to Shinhan Vietnam

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Báo Đầu Tư English 3 day(s) ago 1 related news

ANZ Vietnam will be offloading its retail banking arm to Shinhan Vietnam by the end of 2017, to focus primarily on its institutional banking in the country, ANZ Vietnam said in its latest press release.

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Low crude prices pull markets down

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Báo Đầu Tư English 4 day(s) ago 1 related news

Shares fell further in the two local markets on Thursday morning as investor confidence remained low following a sharp drop in crude oil prices.

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Aviva acquires entire shareholding in Vietnam JV

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

The multinational insurance company Aviva Plc has announced the acquisition of VietinBank’s entire 50 per cent shareholding in its life insurance joint venture VietinBank Aviva Life Insurance Limited (Aviva Vietnam) and signing of a new distribution agreement with VietinBank to sell life and health insurance products through the bank’s network of over 1,100 branches and transaction offices, the second-largest in the market.

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Work begins on Rang Dong IZ

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Báo Đầu Tư English 5 day(s) ago 2 related news

Construction of Rang Dong Industrial Zone (IZ), a large-scale zone dedicated to the textile and garment industry, starts on Tuesday in the northern province of Nam Dinh.

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VN-Index down, Petrolimex debuts

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Báo Đầu Tư English 2 day(s) ago 1 related news

Việt Nam’s benchmark VN-Index closed down on Friday, erasing its early gain as large-cap shares were sent lower by strong investor selling.

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PetroVietnam to raise oil extraction target by 1mn tons in 2017

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State-run oil and gas giant PetroVietnam (PVN) has announced plans to hike its yearly oil extraction by one million metric tons in 2017, following a government directive aimed at boosting the country’s economic growth.

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Petrolimex’s stocks long-term appeal unclear

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Báo Đầu Tư English 4 day(s) ago

With the listed price of VND43,200 ($1.9) per share, Vietnam National Petroleum Group (Petrolimex)’s market capitalisation stands at VND55.890 trillion ($2.46 billion), making it the ninth largest Vietnamese enterprise in this respect. However, as numerous Vietnamese blue chip stocks are losing their allure, Petrolimex’s shareholders have also raised questions about the firm’s long-term efficiency.

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Markets recover on bank, energy, brokerage stocks

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Báo Đầu Tư English 2 day(s) ago 1 related news

Shares advanced in both local markets on Friday morning, driven by banks, brokerages and energy firms.

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VN Index struggles to gain further

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Viet Nam’s benchmark VN Index on the HCM Stock Exchange struggled to rise on Wednesday morning while investor confidence remained low.

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Merger plans to create VN’s largest sugar company

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Báo Đầu Tư English 4 day(s) ago

Thanh Thanh Cong Tay Ninh and Bien Hoa sugar companies plan to merge to create the largest sugar company in the Viet Nam’s stock market.

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Vietjet sets $1.9bn revenue target for 2017

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Báo Tuổi Trẻ English 3 day(s) ago

Low-cost Vietnamese carrier Vietjet has set targets of VND42.018 trillion (US$1.88 billion) in revenue and VND3.395 trillion ($151.56 million) in post-tax profit for 2017, after enjoying a successful 2016 with healthy growth and whopping earnings.

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