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Laos, Vietnam speeding up oil pipeline project

Lao authorities are gearing up to realise the planned bonded warehouses and pipeline project from Vietnam’s Hon La port to Laos’ Khammuan province as the countries’ leaders agreed to speed up implementation. Prime Minister Thongloun Sisoulith and his Vietnamese counterpart Nguyen Xuan Phuc agreed to accelerate the project during the Lao premier’s visit to Hanoi […]

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Vietnam: Finance industry grows strongly

HANOI — The finance, banking and insurance industry expanded 7.89 per cent in the first nine months of this year, the highest level recorded in the past seven years. Reports of the General Statistics Office (GSO) revealed that the growth rate of the industry was 6.99 per cent in 2011, 5.97 per cent in 2012, […]

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Vietnam: 2017 GDP growth target of 6.7% in sight: NFSC

HANOI – The National Financial Supervisory Committee (NFSC) anticipates gross economic growth of Vietnam in 2017 will be more than 6.7 per cent. The target, several months ago, was forecast to be beyond reach. NFSC said the Government’s policies to improve investment climate and promote businesses posted positive results and fuelled gross domestic product (GDP) […]

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Vietnam Airlines, Air France sign cooperation pact

HANOI: Vietnam’s flag carrier and Air France have signed an agreement to deepen their cooperation to tap the growing travel market between Vietnam and Europe. Vietnam Airlines and Air France have been cooperating for 20 years on aircraft maintenance and crew training and began code-sharing in 2010, but they said the partnership agreement signed by […]

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Global franchisers, retailers eye Vietnam

HCM CITY — With its rapidly growing economy and 95 million population of whom 60 per cent are young consumers, Vietnam is an attractive destination for global franchising and retail businesses. Speaking at a meeting in HCM City yesterday to introduce the 2018 Shop & Store Vietnam Expo, Suttisak Wilanan, deputy managing director of Reed Tradex, said many franchises in the […]

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