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Small, medium firms attract foreign investors

  • Hanoi (VNA) - Since early February the ASEAN Deep Value Fund has been acquiring more shares of Hong Ha Vietnam Joint Stock Company (PHH) and Thanh Nam Investment and Construction Joint Stock Company (CSC). It now owns 10.9 percent and 13.9 percent of the businesses
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Vietnam calls for investment from Indian apparel mills

  • New Delhi (VNA) – Vietnamese Ambassador to India Ton Sinh Thanh has called on Indian firms to invest in apparel production and supply in Vietnam during an investment promotion event with northern Indian textile mills in Ludhiana, Punjab State, India.
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New start-ups rise at start of 2016

  • Hanoi (VNA) – With 5,584 firms established in February, the country saw 13,904 new companies begin operations in the first two months of 2016, up 1 percent year-on-year, the General Statistics Office (GSO) reported.
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Vietnam likely to forgive $571 mil taxes, fines for businesses

  • The Ministry of Finance has recommended the government should waive back taxes and related fines owed by businesses estimated at more than VND13 trillion (US$571.2 million).
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FPT, Fujitsu to collaborate on IT-based agriculture

  • HA NOI (VNS) — Cutting-edge technology will be applied in the cultivation of tomatoes and low-potassium lettuce in Viet Nam as part of an agriculture collaboration between Vietnamese multinational information technology corporation FPT and Fujitsu, a leading provider of IT products and services.
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64 percent of Japanese investors in Vietnam see growth

  • Japanese investors are doing well in Vietnam with 64 percent of them planning business expansion, the highest rate of all Asia-Pacific markets.
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South Korea’s Shinhan Investment opens securities firm in Vietnam

  • Shinhan Investment Corp., a member of South Korea’s Shinhan Financial Group, inaugurated Wednesday a securities firm in Ho Chi Minh City, as part of its plan to secure new growth globally.
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Commercial Counsellor Conference 2016 opens in Da Nang

  • Da Nang (VNA) – The Commercial Counsellor Conference 2016 was opened in the central city of Da Nang by the Ministry of Industry and Trade (MoIT) on February 24.
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Energy projects to spark FDI growth

  • The local energy sector is expected to be the next driver for foreign direct investment growth in Vietnam this year.
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Economists warn Vietnam to reduce reliance on FDI

  • One of the measurements of development in Vietnam, as in any country, is the level of foreign direct investment (FDI) say economists, because it represents a long-term commitment by foreign companies to the economy.
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HCM City enterprises need 26,000 recruits in March

  • HCM City (VNA) – Businesses in Ho Chi Minh City, the southern economic hub of Vietnam, need to recruit some 26,000 workers in March, according to the municipal Centre for Forecasting Manpower Needs and Labour Market Information (FALMI).
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Italian investors look to Vietnam

  • Italian investors are considering Vietnam a new bright spot in Southeast Asia. Pham Hoang Hai, executive director of the Italian Chamber of Commerce in Vietnam (ICham), told Kim Oanh about Italian enterprises’ plans in Vietnam and what would make Vietnam more attractive.
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Why You Should Invest in Vietnam

  • During last week’s visit to Singapore, I met a hedge fund manager who struck me as very smart, experienced, detail-oriented, and honest.
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10 things you need to know in markets today

  • BHP Billiton early on Tuesday posted a massive half-year loss of $5.7 billion (£4 billion), more than halved its dividend, and abandoned its progressive policy of keeping payouts the same or higher. It's the big miner’s first loss in 16 years and revenue was down 37% to $15.7 billion (£11.1 billion), as falling commodity prices continue to cut into the business.
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