Short-term foreign lending extended

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VietNam News English 1 day(s) ago

The State Bank of Viet Nam (SBV) will extend short-term foreign currency lending to exporters and petrol importers by one year, in a move to support these businesses, said SBV Governor Nguyen Thi Hong.

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Low inflation leaves room for interest rate cuts

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VietNam News English 1 day(s) ago

Inflation is expected to dip lower next year, which could give the central bank room to cutback loan interest rates, according to the Ministry of Planning and Investment.

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Vietnam approaches the middle-income trap

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VietnamNet English 1 day(s) ago

Vietnam approaches the middle-income trap

VietNamNet Bridge - Signs of the middle-income trap have appeared since 2008 and they are increasingly clearer, said a researcher from the Institute of Japan National Policy Research, Kenichi Ohno.

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Lower oil prices expected to boost Asian demand growth in 2015

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Báo Thanh Niên English 2 day(s) ago

Lower oil prices expected to boost Asian demand growth in 2015

Lower oil prices could boost demand in Asia in 2015, with spot interest for diesel, Asia's most widely used fuel, picking up in countries like Vietnam, Philippines and Indonesia, traders and analysts said.

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APEC senior officials set priorities for 2015 agenda

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VietnamPlus English 2 day(s) ago

The Asia-Pacific Economic Cooperation (APEC) forum’s agenda in 2015 will focus on expanding the benefits for more of the region’s 3 billion people and powering a new generation of trade, investment and sustainable economic growth amid changing global conditions.

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Vietnam fully prepared for joining AEC

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VOV News English 2 day(s) ago

Vietnam fully prepared for joining AEC

(VOV) - Vietnam should effectively implement its commitments to further stabilise macro-economic growth, improve its competitive edge and institutional capacity to grasp opportunities and cope with crisis, and ensure the involvement of all social classes.

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Credit organisations continue to offer foreign currency loans

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VietnamPlus English 2 day(s) ago

The State Bank of Vietnam continues allowing credit organisations to decide on their hard currency loans to exporters and petroleum dealers throughout 2015, as part of its support measures to achieve the 2015 economic growth of 6.2 percent set by the National Assembly.

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VinaCapital and Daiwa pour US$45 million in IDP

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Báo Đầu Tư English 2 day(s) ago

VinaCapital and Daiwa pour US$45 million in IDP

VinaCapital Vietnam Opportunity Fund and Japan's Daiwa PI Partners will invest approximately US$45 million in Viet Nam's International Dairy Joint Stock Company (IDP).

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EU leaders agree investment package to boost economy

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Báo Thanh Niên English 2 day(s) ago

EU leaders agree investment package to boost economy

European Union leaders endorsed a new investment programme intended to kick-start economic growth in the bloc at a summit in Brussels, which its chairman said would end late on Thursday, half a day earlier than planned.

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Malaysian growth forecast is down to 4.7 percent: WB

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VietnamPlus English 3 day(s) ago

Malaysia is expected to grow 4.7 percent in 2015, down 0.2 percent from an earlier estimate, according to the World Bank.

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ADB lowers growth forecasts for Asian developing countries

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VietnamPlus English 3 day(s) ago

The Asian Development Bank (ADB) has announced reduced growth outlook for Asian developing countries, with the aggregate gross domestic product expected to gain by 6.1 percent in 2014 and by 6.2 percent in 2015, compared to prior forecasts of 6.2 and 6.4, respectively.

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ADB raises economic growth forecast in 2014 – 2015 for Vietnam

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Báo Tuổi Trẻ English 3 day(s) ago

ADB raises economic growth forecast in 2014 – 2015 for Vietnam

Vietnam’s economic growth prospect is expected to be at 5.6 percent and 5.8 percent in 2014 and 2015, respectively, according to Asian Development Bank (ADB).

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EVN HCMC asked for better performance

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VietnamPlus English 3 day(s) ago

Deputy Prime Minister Hoang Trung Hai has asked the Ho Chi Minh City Power Corporation (EVN HCMC) to improve the quality of power supply and build a modern and stable power grid for the local economic development.

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Vietnam spends big money on Chinese phones

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VietnamNet English 3 day(s) ago

Vietnam spends big money on Chinese phones

VietNamNet Bridge – About 96 percent of the mobile phones imported to Vietnam in 2013 are from China, a report shows.

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Press digest – December 17

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Báo điện tử CP English 3 day(s) ago

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