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Textile and garment industry undergoes restructuring

Created 24 June 2017
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Restructuring the textile and garment industry involves drawing up a new development strategy, using new technologies, and closing fiber and textile factories that use outdated technologies.

Billionaires vye for top “richest” spot

Created 24 June 2017
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- Real estate giants Pham Nhat Vuong and Trinh Van Quyet switched places for top spot as the richest stock billionaire. 

 

Vietnam to catch up with Thailand in 15 years: tourism minister

Created 23 June 2017
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If the high growth rate of international travelers in the last two years can be maintained, Vietnam’s tourism could catch up with Singapore in two years and with Thailand in 15 years, according to Minister of Culture, Sports and Tourism Nguyen Ngoc Thien.

Compelling Vietnam: Foreign investors unfazed by Trump's trade deal rebuff

Created 23 June 2017
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Vietnam has been a big winner as Chinese manufacturing costs have risen and China itself is now one of the three biggest investors in Vietnam.

Compelling Vietnam: Foreign investors unfazed by Trump's trade deal rebuff

 

Vietnam’s power prices high due to monopoly’s multi billion-dollar debt: official

Created 23 June 2017
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Electricity of Vietnam owes $9.7 billion, and often blames losses for hiking prices.

Vietnam’s power prices high due to monopoly’s multi billion-dollar debt: official

Vietnam launches new agency to 'rescue' farm products

Created 23 June 2017
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Farmers are growing more food than the population can eat due to a breakdown in communication.

 

Ministry's initiative: to make cars not yet manufactured in regional market

Created 23 June 2017
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The Ministry of Industry and Trade (MOIT) has proposed an original idea – manufacturing car models that other regional production bases do not make.

High-end toy market is booming

Created 23 June 2017
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The market for children’s goods exceeded the $5 billion threshold last year, in which toys and clothes made up one-third of the market value, according to N Kids. 

 

Will FDI in Vietnam retreat after FED raises the interest rate?

Created 22 June 2017
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FED has decided to raise the prime interest rate by another 0.25-1.25 percent per annum, raising the concern that the foreign direct investment (FDI) flow to Vietnam will slow down.

$115 million invested to enhance southern electricity network

Created 22 June 2017
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The Southern Power Corporation of the Electricity of Vietnam (EVN SPC) put into use 19 new 110kV power lines with combined investment of 2.63 billion VND (115.8 million USD) in the first half of the year.

 

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