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Moody’s: Cambodia and Vietnam have strong growth prospects
Thursday,  Aug 17,2017,19:38 (GMT+7)
HCMC – Moody’s Investors Service said Cambodia and Vietnam share some similar characteristics, including strong economic growth prospects and risks posed by their financial systems.
HSBC: Equitization not a solution for fiscal deficit
Tuesday,  Aug 15,2017,21:31 (GMT+7)
HCMC – The equitization of State-owned enterprises (SOEs) alone is not a short-term solution to reduce the Government’s fiscal deficit but could be a reliable source of funding through continued reforms, said HSBC Bank.
PM urges ministries, localities to strive for GDP target
Monday,  Aug 14,2017,20:37 (GMT+7)
HCMC – Prime Minister Nguyen Xuan Phuc at a Government meeting last Saturday asked ministries, agencies and localities to take more drastic measures to realize the 2017 gross domestic product (GDP) growth target of 6.7%, the Vietnam News Agency reports.
National Wage Council proposes 6.5% hike next year
Tuesday,  Aug 8,2017,23:05 (GMT+7)
HANOI – After three rounds of negotiations, the National Wage Council has reached an agreement to push for a 6.5% hike in the region-based minimum wages next year. As such, the highest minimum wage would be VND3.98 million (US$175) in region one.
PM calls for credit and investment expansion to fuel growth
Monday,  Aug 7,2017,23:41 (GMT+7)
HANOI – Prime Minister Nguyen Xuan Phuc has urged credit and investment expansion in the final five months of 2017 to help meet the year’s economic growth target.
Government vows to help businesses cut costs
Monday,  Aug 7,2017,23:39 (GMT+7)
HANOI – The Government will take measures to help enterprises lower input costs, Mai Tien Dung, Minister and Chairman of the Government Office, said after the Government’s regular meeting last week.
Businesses in southern Vietnam slow in innovation
Monday,  Aug 7,2017,23:39 (GMT+7)
HCMC – Enterprises in 20 cities and provinces in southern Vietnam have remained slow in technology innovation though the Index of Industrial Production (IIP) is higher  than the average of the country.
HSBC: ASEAN enterprises continues strong investment in Vietnam
Friday,  Aug 4,2017,22:01 (GMT+7)
HCMC – Enterprises from other ASEAN countries have invested massively in Vietnam over the last three years and the trend is expected to continue in at least five more years, said Pham Hong Hai, chief executive officer of HSBC Vietnam.
PM Phuc urges ministers to take action to achieve growth targets
Friday,  Aug 4,2017,21:54 (GMT+7)
HANOI – Prime Minister Nguyen Xuan Phuc urged ministers to take specific and drastic measures in the last five months of 2017 to achieve the nation’s socio-economic growth targets, heard the Government’s regular meeting on August 3.
Prime Minister urges flexibility to spur ODA disbursement
Friday,  Aug 4,2017,00:11 (GMT+7)
HANOI - Prime Minister Nguyen Xuan Phuc, speaking at a meeting on ODA-funded projects in Hanoi on Tuesday, urged ministries and localities to take a flexible approach to accelerate disbursement of official development assistance (ODA) and concessional loans.
Vietnam’s manufacturing growth slows down
Wednesday,  Aug 2,2017,22:59 (GMT+7)
HCMC – The rate of improvement in the Vietnamese manufacturing sector moderated in July, with slower increases in both output and new orders, according to a Nikkei report released on August 1.
Vietnam’s manufacturing growth slows down
Wednesday,  Aug 2,2017,22:46 (GMT+7)
HCMC – The rate of improvement in the Vietnamese manufacturing sector moderated in July, with slower increases in both output and new orders, according to a Nikkei report released on August 1.
Tough talks over pay raise
Tuesday,  Aug 1,2017,23:26 (GMT+7)
HANOI – While employers seek to cap the minimum wage increase for next year at less than 5%, employees are pushing for an 8-10% pay raise, and the wide difference requires another round of negotiations on August 7.
Prime Minister pins high hopes on private sector
Tuesday,  Aug 1,2017,23:24 (GMT+7)
Domestic air carriers post huge profits in H1
Tuesday,  Aug 1,2017,21:53 (GMT+7)
HCMC – Domestic airlines posted huge revenues and profits in the first half of 2017 following a 19.5% year-on-year growth of the aviation market with the number of air passengers reaching 30.3 million, according to the Civil Aviation Administration of Vietnam (CAAV).
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