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Lancang-Mekong Cooperation yields tangible benefits

Member countries of the Lancang-Mekong Cooperation (LMC) have gained tangible benefits with prospects for greater fruitful cooperation in the years to come, diplomats say.  The encouraging remarks were made as the LMC member countries – Cambodia, China, Laos, Myanmar, Thailand, and Vietnam – celebrated the second anniversary of the LMC last week. In his address […]

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Vietnam continues pushing for SOEs divestment

The Hanoitimes – The government is expected to divest funds in a series of state-owned enterprises (SOEs) in the coming time, stated in a recent report of the Ministry of Finance. Additionally, Vietnam has raised VND713 billion (US$31.3 million) from divesting VND676 billion (US$29.7 million) in book value, according to the report.  SOEs subject to divestment […]

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Phone contributes 21% to Vietnam’s total export revenue

The Hanoitimes – Exports of Vietnam’s phones and spare parts last year skyrocketed by 31.9 percent against the previous year to US$45.27 billion, accounting for 21.15 percent of the country’s total export revenue. The Ministry of Industry and Trade announced it in the Vietnam’s 2017 Export-Import Report released recently, however, noting that 99 percent of the […]

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Vietnam: Hanoi retail market set to heat up

The Hanoitimes – 2018 is expected to be an active year in the Hanoi retail market with a total of 157,000 sqm coming from eight under-development projects.  Most of these new projects are located in fast developing residential areas with good connecting infrastructure, which are expected to be attractive to both retailers and consumers, according to […]

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Industry to contribute 40% to Vietnam’s GDP by 2030

The Hanoitimes – The Poliburo recently issued Resolution 23-NQ/TW to develop the national industry until 2030, with vision to 2045, aiming to finalize the industrialization and modernization targets and become one of the top three countries in industry in ASEAN. According to the resolution, Vietnam’s industry will contribute 40 percent to the national GDP by 2030. […]

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