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Vietnam’s trade value up 21.4% in nine months

HANOI — Vietnam witnessed a year-on-year increase of 21.4 per cent in total trade value from January 1 to September 15 to US$289.14 billion, according to the General Department of Customs. However, total trade value in the first half of September dropped by 11.7 per cent to $2.44 billion against the same period last year. Meanwhile, the nation gained trade […]

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Vietnam: Customs signs co-operation agreement with logistics association

HANOI — The Customs Supervision and Management Department under the General Department of Vietnam Customs (GDC) signed a co-operation agreement with the Vietnam Logistics Association (VLA) on Tuesday. Under the agreement, action plans will be launched to improve the national logistics sector’s competitiveness.  Customs authorities will work closely with VLA to boost the development of logistics […]

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Vietnam: Home sales slowdown in September in major cities

HANOI – Home sales have slowed down significantly in September due to Vietnamese people’s psychology of avoiding buying property assets in July of the Lunar Calendar also called the Month of Lonely Spirits. According to the Housing and Real Estate Market Management Department under the Ministry of Construction, initial reports of several property and real estate trading centres, there were […]

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Vietnam: FDI grows 34% from last year

HANOI — Foreign direct investment (FDI) registered in Vietnam reached a record US$25.48 billion in the first nine months of this year, up 34.3 per cent year-on-year. Of the sum, $14.56 billion came from 1,844 new projects, up 30.4 per cent year-on-year, according to the latest report from the Ministry of Planning and Investment’s Foreign […]

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Vietnam getting more competitive

HANOI — The World Economic Forum’s latest global competitiveness list, released on Wednesday, ranked Vietnam 55th overall, up five places from last year and 20 from five years ago. The Global Competitiveness Report 2017-18 said the country had made notable improvements in all sectors, notably among the basic requirement factors (75th out of 137), including […]

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