The Business Times: Thanh Tri bridge-Highway 5 interchange begins construction

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• Thanh Tri bridge-Highway 5 interchange begins construction
• Garment and textile sector urged to tighten operations
• Japanese ODA flows into transport projects
• Home purchase by foreigners-on-the-spot real estate export
• Vietnam to lift casino ban for Vietnamese citizens
• Russian hi-tech firms keen on Vietnamese market
• Public, foreign debts within limit, says PM
• Exports to grow by 15.9% this year: HSBC
• China – major market for Vietnamese fruit exports
• India against Vietnam’s plastics machine exports

Thanh Tri bridge-Highway 5 interchange begins construction Posted: 20 Oct 2014 06:08 PM PDT Transport Minister Dinh La Thang kick-started the construction of the interchange between Thanh Tri bridge and National Highway No 5 in Hanoi on October 19. The VND800 billion bidding package has been implemented under an ODA loan agreement sourced by the Japan International Cooperation Agency (JICA). Addressing the groundbreaking ceremony, Minister Thang highlighted concerted efforts […] The post Thanh Tri bridge-Highway 5 interchange begins construction appeared first on Vietnam Business News.

Garment and textile sector urged to tighten operations Posted: 20 Oct 2014 06:08 PM PDT Vietnamese garment and textile exports in the nine months leading up to October jumped 18.9% over last year's corresponding period to US$15.5 billion, buoyed by growth in traditional markets such as the US, EU, Japan and the Republic of Korea (RoK). However, there has been a trending decline in the overall number of manufacturing orders, […] The post Garment and textile sector urged to tighten operations appeared first on Vietnam Business News.

Japanese ODA flows into transport projects Posted: 20 Oct 2014 06:06 PM PDT The transport sector has received the largest share of Japan's official development assistance (ODA) loans to Vietnam over the past more than 20 years. Statistics for the 1992-2012 period show that ODA funds to Vietnam totalled 2.1 trillion JPY, with the transport sector receiving 43 percent, followed by environment and health with 15 percent, mining […] The post Japanese ODA flows into transport projects appeared first on Vietnam Business News.

Home purchase by foreigners-on-the-spot real estate export Posted: 20 Oct 2014 06:05 PM PDT Vietnam is considering changing the amended Housing Law, which is under discussion, to make it easier for foreigners and Vietnamese expatriates to buy houses in the country. Out of 126 foreign home-buyers, 80% are individuals while the rest are businesses. The low figure is attributed to the fact that buying a property is currently more […] The post Home purchase by foreigners-on-the-spot real estate export appeared first on Vietnam Business News.

Vietnam to lift casino ban for Vietnamese citizens Posted: 20 Oct 2014 06:03 PM PDT Casinos are to be open to Vietnamese citizens aged 21 and above who meet certain background and financial criteria, according to the amendments to the draft decree on casinos that are currently under consideration. The current regulations only allow foreign nationals and Vietnamese expatriates to play in casinos, Deputy Head of the Ministry of Finance's […] The post Vietnam to lift casino ban for Vietnamese citizens appeared first on Vietnam Business News.

Russian hi-tech firms keen on Vietnamese market Posted: 20 Oct 2014 06:03 PM PDT A Russian delegation comprising representatives of 10 hi-tech businesses are paying a six-day visit to Vietnam to seek cooperative opportunities. During the visit from October 20-25, which is under framework of the “Russia-Vietnam: New Economies" project, the delegation will get involved in a wide range of activities in Hanoi and Ho Chi Minh City. At […] The post Russian hi-tech firms keen on Vietnamese market appeared first on Vietnam Business News.

Public, foreign debts within limit, says PM Posted: 20 Oct 2014 05:58 PM PDT "State budget overspending accounts for 5.3% of GDP, while the pubic, government and foreign debts are lower than the permitted level set by the National Assembly (NA) in its Resolution 10 released in 2011", affirmed Prime Minister Nguyen Tan Dung. In his opening speech at the 13th NA's eighth session in Hanoi on October 20, […] The post Public, foreign debts within limit, says PM appeared first on Vietnam Business News.

Exports to grow by 15.9% this year: HSBC Posted: 20 Oct 2014 05:56 PM PDT Vietnam is quietly fixing itself. After years of credit-intensive growth, with most capital channelled into the inefficient state-owned sector, the country is taking a breather and focusing on a more sustainable growth strategy – exports. According to HSBC report on Asian economics in the fourth quarter of this year, despites the global slowdown Vietnam's exports […] The post Exports to grow by 15.9% this year: HSBC appeared first on Vietnam Business News.

China – major market for Vietnamese fruit exports Posted: 20 Oct 2014 11:49 AM PDT China is the leading fruit importer of Vietnam with an import value of US$321.4 million in the first nine months of 2014, rising by 37.7% from a year earlier and accounting for one third of the country's total figure. It is followed by Japan with US$56.2 million and the Republic of Korea (RoK) with US$43.68 […] The post China – major market for Vietnamese fruit exports appeared first on Vietnam Business News.

India against Vietnam’s plastics machine exports Posted: 20 Oct 2014 11:11 AM PDT India's Directorate General of Anti-Dumping and Allied Duties (DGAD) has decided to lodge an anti-dumping lawsuit against plastics processing machine or injection moulding machines imported from the Philippines, Malaysia and Vietnam. The information was released by the Vietnam Competition Authority (VCA) on October 18. The VCA reported that India's DGAD started its lawsuit on October […] The post India against Vietnam's plastics machine exports appeared first on Vietnam Business News.

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