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SBV’s decision to devaluate dong described as wise move
16/10/2011 11:00Experts all believe that the decision by the State Bank of Vietnam to adjust the interbank exchange rate by another 10 dong per dollar to 20,678 dong per dollar is a “reasonable, flexible and timely” move. The...
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Public investment proposed for NA supervision 2012
16/10/2011 11:00>> Localities hesitate to cut public investment Public investment coming under National Assembly supervision was among three top issues discussed by the National Assembly (NA) Standing Committee....
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Samsung seeks iPhone sales ban in Japan, Australia
16/10/2011 11:00South Korea's Samsung Electronics said Monday it is trying to block the sale of Apple's newest iPhone in Japan and Australia, escalating a legal battle with the US company after several setbacks....
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Higher interbank rates hurt small banks
16/10/2011 11:00In early October, the State Bank of Viet Nam (SBV) made adjustments on basic interest rates with the aim of improving the effectiveness of monetary policies and regulations of interest rates. The re-financing interest rate...
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Banks propose interest rate cuts on loans to businesses
16/10/2011 11:00It is imperative that banks cut their lending interest rates to support businesses, was the message from a meeting held in HCM City between the Viet Nam Banking Association and its members in the southern region on Friday....
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Auto market gloomy amid information about ownership registration tax increase
16/10/2011 11:00The automobile market remains lackluster despite the information that the ownership registration tax would increase by 10-20 percent....
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Large projects prompt fund for land use rights in Hanoi
15/10/2011 11:00Authorities in Hanoi announced a plan for a land development fund with an initial capital of VND1 trillion (USD47.8 million). The fund would be used for "site...
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200 Vietnamese businesses receive Gold Star awards
15/10/2011 11:00Politburo member To Huy Rua (L) and National Assembly vice chairwoman Nguyen Thi Kim Ngan (R) congratulate one of the award winning entrepreneurs (Photo: Thanh Nien)...
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BUSINESS IN BRIEF 16/10
15/10/2011 11:00S Korean expert calls for collaboration in IT software products Developing high-skilled information technology manpower and a software sector were discussed among experts from South Korea and Viet Nam at a conference in Ha...
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SOEs restructuring begins from changing way of thinking
15/10/2011 11:00Vietnam so far has affirmed that the state economic sector continues playing the most important role in the national economy. Meanwhile, economists have continuously urged to restructure state owned enterprises (SOEs)....
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