vn03
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Vietnam’s 2017 instant noodle consumption rebounds

The Hanoitimes – Vietnam is currently ranked fifth in the world in terms of instant noodle consumption, behind China, Indonesia, Japan and India. Vietnam’s instant noodle consumption showed sign of recovery after two years in decline, reaching 5.06 billion instant noodle packets in 2017, up 3% year-on-year and 5.4% against 2015, according to the World Instant […]

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vn02
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Vietnam sees sharp decline in petroleum imports in July

The Hanoitimes – In the first seven months of 2018, a total of 7.8 million tons of petroleum products worth US$5.2 billion were imported, up 3.9% in volume and 31.6% in value year-on-year. Vietnam imported 820,000 tons of petroleum products in July worth US$558 million, down 41.8% in value and 41.7% in volume month-on-month, according to […]

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Nor Shamsiah Yunus
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Economists: Malaysia economy slowing down

BANK Negara has lowered Malaysia’s economic growth forecast for 2018 to 5% from its earlier estimate of 5.5%-6%. For those in the loop, the move is largely unsurprising. After all, the country’s economy has expanded below the 5.5%-level over the last two consecutive quarters. In fact, Malaysia’s gross domestic product (GDP) growth has been decelerating […]

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vn02
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Vietnam: Finding strategic shareholders after IPO challenges businesses

The Hanoitimes – After successful initial public offerings (IPO), many state-owned enterprises (SOEs) have still failed to sell stakes to strategic shareholders, mainly due to regulations on foreign ownership cap and time of shareholding. Statistics from the Steering Committee for Enterprise Innovation showed that the government approved privatization plans of 19 SOEs with the total value […]

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