Vietnamese firms unenthusiastic about FTA with South Korea

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Báo Thanh Niên English 5 day(s) ago

Vietnamese firms unenthusiastic about FTA with South Korea

While the government hopes the free trade agreement with South Korea will bring benefits to Vietnam, businesses fear it will bring them more losses than gains.

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SHN names strategic investors

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Báo Đầu Tư English 2 week(s) ago

SHN names strategic investors

Investment General Corporation (SHN) yesterday announced a list of strategic investors who will hold a total of 95 million shares in the company, equivalent to VND950 billion (US$43.6 million) based on the share value.

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Farm produce sector requires overhaul

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VietnamPlus English 1 month(s) ago

The Ministry of Industry and Trade believes that drastic measures need to be implemented to increase the competitiveness of farm produce and to fight against the desperately poor performance of Vietnamese agricultural products in many foreign markets.

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Vietnam’s biggest fuel wholesaler sees profits eaten up by loss-making Singapore subsidiary

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Báo Tuổi Trẻ English 1 month(s) ago

Vietnam’s biggest fuel wholesaler sees profits eaten up by loss-making Singapore subsidiary

The Vietnam National Petroleum Group (Petrolimex), which holds the largest market share of fuel distribution in the country with over 48 percent, has reported losses in 2014, mostly due to its loss-making subsidiary in Singapore.

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Almost all Hanoi exchange firms see profit in first quarter

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VietnamPlus English 1 month(s) ago

Almost all Hanoi exchange firms see profit in first quarter

Twenty seven of the top 30 stocks in terms of market value and liquidity on the Hanoi Stock Exchange reported profits in the first quarter of this year, data on the bourse shows.

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Petrolimex incurs huge losses

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VietnamNet English 1 month(s) ago

Petrolimex incurs huge losses

VietNamNet Bridge – Holding nearly 50% of the domestic gasoline market, Petrolimex Group suffered huge losses last year, mainly caused by its subsidiary in Singapore.

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Almost all Ha Noi exchange firms see profit in first quarter

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VietNam News English 1 month(s) ago 1 related news

Twenty seven of the top 30 stocks in terms of market value and liquidity on the Ha Noi Stock Exchange reported profits in the first quarter of this year, data on the bourse shows.

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Major pay-TV company K+ on verge of bankruptcy

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VietnamNet English 1 month(s) ago

Major pay-TV company K+ on verge of bankruptcy

VietNamNet Bridge - No one can explain why K+, a major player in the pay-TV market, has incurred such a huge loss and is now on the verge of bankruptcy. Some analysts say there are dubious aspects to the case, and suspect transfer pricing.

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Blue chips drag down bourses

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VietnamPlus English 1 month(s) ago 1 related news

Shares saw big losses at the close of the market on May 12, dragged down by blue chips. Between the two bourses, the number of declining stocks tripled that of advancing ones.

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Blue chips drag down bourses

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VietNam News English 1 month(s) ago 1 related news

Shares saw big losses at the close of the market yesterday, dragged down by blue chips. Between the two bourses, the number of declining stocks tripled that of advancing ones.

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Metro’s transfer pricing practices unmasked by GDT

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VietnamNet English 2 month(s) ago

Metro’s transfer pricing practices unmasked by GDT

VietNamNet Bridge - Metro Cash & Carry Vietnam, the German invested retailer, which repeatedly reported losses over the last 12 years in Vietnam, has engaged in transfer pricing to evade tax, according to the General Department of Taxation (GDT).

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State Bank takes over OceanBank

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VietnamNet English 2 month(s) ago

At a shareholders’ meeting of Ocean Joint Stock Commercial Bank on Saturday, the State Bank of Vietnam (SBV) announced an obligatory purchase of all OceanBank shares putting an end to its shareholders’ rights and benefits.

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Vietnamese exporters should limit antibiotic residues in seafood

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VOV News English 2 month(s) ago 1 related news

Vietnamese exporters should limit antibiotic residues in seafood

The Vietnam Association of Seafood Exporters and Producers (VASEP) has asked local seafood exporters to keep the antibiotic residues in their exports within limits, and try to find new markets for their products to offset the losses in traditional markets.

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Vietnamese exporters should limit antibiotic residues in seafood, find new markets: association

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

Vietnamese exporters should limit antibiotic residues in seafood, find new markets: association

The Vietnam Association of Seafood Exporters and Producers (VASEP) has asked local seafood exporters to keep the antibiotic residues in their exports within limits, and try to find new markets for their products to offset the losses in traditional markets.

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Petrobras lost $2.1 billion to graft

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Báo Thanh Niên English 2 month(s) ago

Petrobras lost $2.1 billion to graft

Brazil’s national oil company said a graft scandal cost it 6.2 billion reais ($2.1 billion) following a five-month debate that cost the chief executive her job, destabilized politics and shut off its access to bond markets.

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