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Vietnam: HCM City’s CPI rises 0.5% in August

HCM CITY — The consumer price index (CPI) in the largest southern economic hub of HCM City in August rose 0.5 per cent from the previous month and 3.63 per cent over the same period last year, the municipal Statistics Office reported on August 29.  According to the office, the prices of six out of 11 […]

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Vietnam: Number of new firms increases by 16%

HANOI — More than 85,350 firms were established in the first eight months of this year with total registered capital of VND822 trillion (US$36 billion), statistics of the Business Registration Department under the Ministry of Planning and Investment showed. These figures represented a rise of 16.3 per cent in the number of new firms and an […]

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Vietnam FDI inflows up 5% to $10.3bn this year

HANOI – Vietnam received an estimated US$10.3 billion in foreign direct investment (FDI) inflows in January-August, up 5.1% from the same period in 2016, the government said on Monday. Pledges of new FDI during the eight-month period rose an estimated 37.4% from a year earlier, to $13.45 billion, while additional funds to existing projects up […]

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Vietnam: Fifteen firms win sugar import quotas

HANOI — Fifteen firms won bids at the Ministry of Industry and Trade’s second auction of sugar import quotas in Hanoi on Wednesday. Vietnam must import 89,500 tonnes of sugar this year, following its commitment to the World Trade Organisation (WTO). The commitment consists of 44,000 tonnes of raw sugar and 45,500 tonnes of refined sugar. The […]

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Vietnam: Government bond auctions run into problems

HANOI — After tasting success in the first seven months, the issue of Government bonds have been facing difficulty from early August with the bidders’ expectation of rising interest rate and decreasing bank liquidity. Following the unsuccessful auctions in the first two weeks of August, the State Treasury was more cautious last week, conducting an […]

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