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Vietnam to import coal from 2017

Vietnam to import coal from 2017

Vietnam will become a coal importer in 2017 of 2.3 million tonnes for domestic electricity production, according to Nguyen Tien Chinh from the Vietnam Mining Science and Technology Association (VIMA).
Vietnam eyes renewable energy

Vietnam eyes renewable energy

Reducing the use of scarce natural resources through measurement of energy efficiency is critically needed to meet the energy demand of a growing economy like Vietnam, an official said.
Vietnam's top 500 firms named

Vietnam's top 500 firms named

PetroVietnam remains at the top of the 500 Vietnamese biggest enterprises list in terms of revenue this year, while the Vietnam Dairy Products Joint Stock Company has been named the country's largest private enterprise.
Lending rates lowest since year-start

Lending rates lowest since year-start

Lending rates at Vietnamese banks have dropped to their lowest level since the beginning of this year, while deposit rates have been increased, HCM City Securities Corporation claim in a recent survey.
Adjustments to Phu Cat airport planning approved

Adjustments to Phu Cat airport planning approved

The Civil Aviation Authority of Vietnam, central Binh Dinh provincial People’s Committee and relevant agencies on December 3 approved adjustments to the Phu Cat airport plan to 2020 with a vision to 2030.
Yuan's effect on Vietnam economy uncertain

Yuan's effect on Vietnam economy uncertain

With the International Monetary Fund including China's yuan in its elite reserve currency basket, impacts from the step on Vietnam's economy will depend on its preparation, according to experts.
WB reports Vietnam’s economic recovery

WB reports Vietnam’s economic recovery

Vietnam’s GDP growth is likely to reach 6.5 percent this year as the country’s economy has weathered the recent turbulence in the external environment fairly well, said the World Bank’s latest report.
Banking system outlook stable: Moody's

Banking system outlook stable: Moody's

The outlook for the Vietnamese banking system is stable, driven by the country's good economic growth and stabilising asset quality and good liquidity, according to a Moody's report released early this week.
PVN’s revenue falls amid oil price drop

PVN’s revenue falls amid oil price drop

Falling oil prices have affected the National Oil and Gas Group (PVN)’s targets on projected revenue and contribution to the State budget, said Do Chi Thanh, Deputy General Director of the group.
Vietnam auto imports nearly double in 2015

Vietnam auto imports nearly double in 2015

The ports of Vietnam saw auto imports surge 82.8% in volume and 91% in value on-year for the eleven months January-November of 2015, according to the latest figures of the General Statistics Office.
US named Vietnam’s biggest export market

US named Vietnam’s biggest export market

The US was Vietnam’s biggest export market in the first 11 months of 2015 with a turnover of 30.6 billion USD, up 17.6 percent year-on-year, said the General Statistics Office.
HCM City leads in FDI projects

HCM City leads in FDI projects

HCM City is leading the country in terms of FDI projects while 16 provinces have failed to attract the investment according to a new report by the General Statistics Office.

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