BUSINESS IN BRIEF 4/7

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VietnamNet English 2 day(s) ago 1 related news

Fishermen need loans to update boats

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Forestry sector records largest-ever growth rate

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VietnamPlus English 3 day(s) ago

Forestry production value has seen its largest-ever growth rate, reaching an average annual increase of 6.57 percent per year over the last three years, 1.54 percent higher than the level recorded in 2010-2012.

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Cashew export value skyrockets

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VOV News English 3 day(s) ago 1 duplicate news 1 related news

Cashew export value skyrockets

Vietnam's cashew exports were worth US$1.1 billion in the first half of the year, a year-on-year increase of 28.2%, according to the Vietnam Cashew Association (Vinacas).

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Minister cautiously optimistic about GDP’s 5-year high

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VietnamNet English 4 day(s) ago

Minister cautiously optimistic about GDP’s 5-year high

VietNamNet Bridge - Vietnam’s GDP in the first six months of the year reached a 5-year high, and inflation stood at a 10-year low. But the Minister of Planning and Investment Bui QuangVinh said the national economy’s growth was still at risk because of a high trade deficit with China and a petrol price increase.

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Acleda adds $40M to expand operations

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VietStock FI English 1 week(s) ago

Acleda adds $40M to expand operations

Cambodia’s largest bank, Acleda Bank, announced yesterday that it was infusing $40 million to add to its current capital of $226 million, as it looks to expand domestic and foreign operations and keep up with the rising demand for credit in the Kingdom.

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Border provinces OK $60M in Thai deals

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VietStock FI English 6 day(s) ago

Businesses and government officials from border provinces in Cambodia and Thailand signed 31 deals in Siem Reap last week, in a bid to increase contract farming agreements and boost cross-border trade, according to the provincial chamber of business.

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Fruit exports could reach 2 billion USD

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VietnamPlus English 4 day(s) ago

Fruit exports could reach 2 billion USD

Fruit export turnover is expected to reach 2 billion USD by the end of this year when businesses increase their exports, the Vietnam Fruit and Vegetable Association has said.

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As banks increase lending to property sector, fear of bubble returns

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Báo Thanh Niên English 4 day(s) ago

As banks increase lending to property sector, fear of bubble returns

Many banks have stepped up lending to the housing sector amid a revival in the market, bringing uncomfortable reminders of the property bubble that burst not too long ago.

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Vietnam’s industrial production index rises 9.6 percent

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VietnamPlus English 5 day(s) ago

Vietnam’s index of industrial production grew by 9.6 percent from the same period last year in the first two quarters of the year, announced the Ministry of Industry and Trade.

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Ha Nam sees impressive half-year growth

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VietnamPlus English 5 day(s) ago

Northern Ha Nam province posted a GDP of almost 4.5 trillion VND (207.3 million USD) in the first half of 2015, an annual increase of 14.7 percent and the highest rise recorded in years.

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VN posts $3.7b trade deficit

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VietnamNet English 5 day(s) ago

VN posts $3.7b trade deficit

Viet Nam had a trade deficit of US$3.7 billion in the first half of this year, according to the General Statistics Office (GSO).

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Vinamilk proposes to reduce State ownership at enterprises

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Báo Đầu Tư English 5 day(s) ago 3 duplicate news

Vinamilk proposes to reduce State ownership at enterprises

Vietnam Dairy Joint Stock Company (Vinamilk) has proposed to reduce the State ownership at enterprises after equitisation to create conditions to increase their self-management and competitiveness for further development.

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100 mln smartphones be delivered to Southeast Asia in 2015

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VietnamPlus English 6 day(s) ago

Around 100 million smartphones will be shipped to Southeast Asian markets in 2015, according to the International Data Corporation ( IDC ), representing an annual increase of 21 percent.

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Vinh Long sees increase in social investment capital

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VietnamPlus English 6 day(s) ago

The Mekong Delta province of Vinh Long drew a total social investment capital of 5.335 trillion VND (244 million USD) in the first six months of 2015, up 8.8 percent from the same period last year.

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Vietnam to consider more oil extraction to ensure GDP target

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VietnamNet English 6 day(s) ago 1 related news

Vietnam to consider more oil extraction to ensure GDP target

VietNamNet Bridge - The economy is showing good signs but to achieve the targeted GDP growth of 6.5% this year, Vietnam might have to increase oil output, said Minister of Planning and Investment Bui Quang Vinh at the monthly cabinet meeting on July 29.

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