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Vietnam to become next outsourcing hotspot

Vietnam to become next outsourcing hotspot

The latest report by PwC forecasts that outsourcing will be among the top five most attractive sectors for foreign investment in Vietnam.

India-Vietnam trade is aiming toward $15bn target

India-Vietnam trade is aiming toward $15bn target

On the occasion of the 45th anniversary of Vietnam-India diplomatic relations, and the 10th anniversary of the two countries’ strategic partnership, India’s Ambassador to Vietnam P. Harish told VIR’s Thanh Tung that the two countries are entering their economic primes, and that Indian firms are starting to consider Vietnam a good target for their investments.

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Tetra Pak breaks ground on $110-million factory in Binh Duong

Tetra Pak breaks ground on $110-million factory in Binh Duong

Tetra Pak, the world's leading food processing and packaging solutions company, today broke ground on its new, state-of-the-art regional packaging material factory at Vietnam-Singapore Industrial Park II-A in the southern province of Binh Duong.

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VPBank breaks HoSE record by individual stock sales

VPBank breaks HoSE record by individual stock sales

Thanks to investors’ interest in its shares, Vietnam Prosperity Joint Stock Commercial Bank (VPBank) has completed the sale of 165 million individual stocks at the price of VND39,000 ($1.71) apiece and earned more than VND6.4 trillion ($280.7 million). 

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Vietnamese smart cities start with infrastructure

Vietnamese smart cities start with infrastructure

Vietnam is pursuing sustainable development in the wave of the Fourth Industrial Revolution, with a focus laid on creating smart cities. But how can such cities become smart, resilient, and more liveable? Siemens Vietnam’s president and CEO Pham Thai Lai spoke to VIR’s Thanh Tung about the path Vietnam should take to realise its dreams.

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Gov’t to establish agency to manage State assets

Gov’t to establish agency to manage State assets

The Government plans to establish a special agency to act as the ownership representative of State capital at State-owned enterprises by 2018.

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Stalling projects attract foreign investors

Stalling projects attract foreign investors

Foreign investment capital continues to flow into the Vietnamese real estate market as foreign investors are actively acquiring suspended projects.

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PM Phuc backs co-operation with Boeing

PM Phuc backs co-operation with Boeing

Viet Nam considers co-operation with Boeing a long-term priority, and the Government will create all favourable conditions for the US company to expand investments in the country, said Prime Minister Nguyen Xuan Phuc at a reception for President and Chief Executive Officer of Boeing Commercial Airplanes (BCA) Kevin McAllister in Ha Noi on Monday.

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Isuzu Vietnam Auto Care Centre rolls into service

Isuzu Vietnam Auto Care Centre rolls into service

Isuzu Vietnam Auto Care Centre promises to be Isuzu’s strategic step in winning Vietnamese customers’ hearts.

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Southern lottery companies report falling profit

Southern lottery companies report falling profit

Although business remains profitable, the growth rates of lottery companies in the south have shown remarkable signs of slowing down.

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Haiphong infrastructure boom paves the way for stellar rise in FDI ranks

Haiphong infrastructure boom paves the way for stellar rise in FDI ranks

Besides enhancing policies and facilitating administrative procedures, new and upgraded infrastructure to bring Vietnam closer to the rest of the world has made Haiphong more attractive in investors’ eyes – and as a result, investment flows into the city have spiked in recent years.

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OceanBank trials end in death sentence

OceanBank trials end in death sentence

OceanBank’s former executives have been given the stiffest punishments in Vietnamese law.

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ADB applauds Vietnam on reducing deficit

ADB applauds Vietnam on reducing deficit

The Vietnamese government’s efforts to reduce the state budget deficit accumulated by fiscal imbalances have been applauded by the Asian Development Bank.

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Cat Linh-Hadong Metro Line unable to start test runs in October

Cat Linh-Hadong Metro Line unable to start test runs in October

The Cat Linh-Hadong Metro Line, Hanoi's first urban railway project, will not be able to begin its trial operations in October 2017 as planned earlier, mainly because of the delay in the disbursement of an additional loan.

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Tan Hiep Phat’s great aspiration to become a billion-dollar Vietnamese enterprise

Tan Hiep Phat’s great aspiration to become a billion-dollar Vietnamese enterprise

Starting off as a small family-run business, by developing an exceptional operational system in accordance with international management standards and practices.

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MoIT removes regulations on steel quality management

MoIT removes regulations on steel quality management

The Ministry of Industry and Trade (MoIT) has promulgated Circular 18/2-17/TT-BCT to remove some regulations on managing the quality of locally produced and imported steel.

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