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Tag Archives: Vietnam

China says Vietnam investigation into steel imports should be fair

China hopes Vietnam will exercise restraint and be prudent in its use of trade remedy measures, its commerce ministry said on Thursday in response to a Vietnamese announcement it will investigate safeguards against imported color-coated steel sheet. The investigation should be transparent, comply with World Trade Organization (WTO) procedures and ...

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Japan's Takashimaya to open first store in Vietnam

Takashimaya, a popular luxury department store chain in Japan, is set to launch its first outlet in Vietnam this month, local media reported on Tuesday. The 185-year-old operator has invested $ 25 million in the five-floor store, which is located at Saigon Centre building in downtown Ho Chi Minh City, ...

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Tokyo Gas to form LNG joint venture in Vietnam: report

Japan’s Tokyo Gas Company will establish a joint venture with PetroVietnam Gas JSC and others as soon as this month to tap increasing demand for liquefied natural gas in Vietnam, Nikkei Asian Review reported on Saturday. The Japanese firm will invest several hundred million yen (100 million yen = US$ ...

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Foxconn to buy Microsoft’s Vietnam phone plant for $22 mln: report

Taiwanese electronics manufacturer Foxconn will acquire Microsoft Mobile Vietnam to produce feature phones and smartphones in the Southeast Asian country, news website Deal Street Asia reported on Friday. The VND492.4 billion (US$ 22 million) consideration will be payable within seven business days of the closing date of the transaction, the ...

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Vietnam begins investigation into stainless steel imports

The Ministry of Industry and Trade has launched an investigation into import of painted stainless steel in response to local producers’ complaints that an influx of imports is hurting their business. If their allegations prove to be true, the ministry is expected to take safeguard measures against imports such as ...

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Vietnam fund lists on London bourse

Vietnam Enterprise Investments Limited, one of the oldest and largest Vietnam-focused funds, have officially listed on the London Stock Exchange, fund manager Dragon Capital said on Tuesday. The move is expected to boost the liquidity and transparency of the certificate of the fund that has nearly US$ 900 million under ...

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State divestment slows down in Vietnam

Despite the government’s determination to sell its stakes in 10 major companies, including dairy giant Vinamilk and information technology leader FPT, things are moving too slowly for frustrated investors, who are showing strong interest in Vietnam. The State Capital Investment Corporation (SCIC), Vietnam’s sovereign fund, recently announced a list of ...

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Vietnam may stop guaranteeing SOEs' loans as public debt rises

In an attempt to keep public debt in control, the Vietnamese government may stop guaranteeing state-owned enterprises’ loans. The Ministry of Finance has said in its recent proposal that the government needs to stop guaranteeing such loans for new projects starting next year and increase its overseeing of loans assigned ...

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