USD-VND forex rate hike not a concern despite soaring price: insiders

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Báo Tuổi Trẻ English 2 day(s) ago

USD-VND forex rate hike not a concern despite soaring price: insiders

Local bank officials, manufacturers and traders told Tuoi Tre they are not worried about the US dollar-Vietnam foreign exchange (forex) rate increase, as, according to them, the supply of the greenback is still ample.

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EVN plans to increase power prices

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SaiGon GP English 2 day(s) ago

EVN plans to increase power prices

The Electricity of Vietnam (EVN) has proposed increasing the power price by an average 9.5 percent from this month.

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Real estate market warms up

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VietnamPlus English 3 day(s) ago

The real estate market has seen positive changes in the first 11 months of 2014, with the number of successful transactions increasing considerably, the Vietnam Economic News cited the Ministry of Construction as saying.

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Vietnam, Mexico seek to tap cooperation potential

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VietnamPlus English 3 day(s) ago

Vietnam, Mexico seek to tap cooperation potential

Vietnam and Mexico still have room to further increase their economic cooperation to match the good political relations between the two countries, according to Vietnamese Ambassador to Mexico Le Linh Lan.

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If crude oil prices fall, will the public debt go up?

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VietnamNet English 3 day(s) ago 1 related news

If crude oil prices fall, will the public debt go up?

VietNamNet Bridge – Economists have warned that the drop in the crude oil price will put pressure on the public debt, because the government will have to issue more bonds and increase borrowing.

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Ford Viet Nam sees record sales in November

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VietNam News English 3 day(s) ago

Ford Viet Nam reported sales of 1,552 vehicles in November, a record for any month and representing a 99 per cent increase year-on-year.

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VN enjoys trade surplus of US$1.31 billion from Italy

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Báo điện tử CP English 3 day(s) ago

VN enjoys trade surplus of US$1.31 billion from Italy

VGP – Viet Nam’s export turnover to Italy reached US$2.5 billion over the past 11 months of the year, witnessing a year-on-year increase of 18.2%.

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Motorbike manufacturers increase export

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SaiGon GP English 4 day(s) ago

Domestic vehicle production output reached 5 million units this year, nearly doubling the market demand. However, companies still expanded their scale with expectation to turn Vietnam into one of the largest motorbike manufacturing countries in the world.

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MOF to raise taxes to offset losses from oil export revenue

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VietnamNet English 4 day(s) ago

MOF to raise taxes to offset losses from oil export revenue

VietNamNet Bridge – The Ministry of Finance (MOF) has sharply raised the tariff on petrol imports in order to cope with plummeting crude oil prices.

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Garment export turnover to top $24 billion this year

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VietNam News English 4 day(s) ago 1 related news

Viet Nam's garment and textile export turnover is likely to reach US$24.5 billion this year, a 19 per cent rise against 2013 and the largest increase in the past three years.

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Sacomreal issues shares to raise capital

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VietNam News English 6 day(s) ago

Property developer Sacomreal will issue more than 37.5 million shares to increase its charter capital to nearly VND1.88 trillion (US$88.26 million).

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KPMG delivers strong growth and record revenues for fiscal year 2014

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Báo Đầu Tư English 1 week(s) ago

KPMG delivers strong growth and record revenues for fiscal year 2014

KPMG International today announced record-high aggregated network revenues of $24.82 billion for the fiscal year ending September 30, 2014, representing a 6.3 per cent increase in local currency terms over the previous year.

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Garment export to hit 24.5 billion USD in 2014

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VietnamPlus English 1 week(s) ago

Garment export to hit 24.5 billion USD in 2014

Vietnam’s garment and textile export turnover is likely to reach 24.5 billion USD this year, a 19 percent rise against 2013 and the largest increase in the past three years.

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HCM City seminar helps boost trade, investment in Russia

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VietnamPlus English 1 week(s) ago

A seminar was held in Ho Chi Minh City on December 11 to help businesses effectively tap the Russian market and increase import-export activities in the Customs Union of Russia, Belarus and Kazakhstan.

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Moody’s raises Vietnam banking system outlook on stabilization

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Báo Thanh Niên English 1 week(s) ago 1 related news

Moody’s raises Vietnam banking system outlook on stabilization

Moody’s Investors Service raised the outlook on Vietnam’s banking system, citing an increase in the stability of the economy and operating environment for lenders.

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