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maandag 6 februari 2017

Vietnam: Unilever expects slow start as difficult market conditions continue

Unilever expects slow start as difficult market conditions continue
Unilever said it had booked underlying sales growth of 3.7% last year. 'This is ahead of our markets, with price up 2.8% and volume up 0.9%,' the company said in a statement.
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MoIT continues to create momentum for businesses
MoIT would also focus on trade promotion activities to seek new markets for Vietnamese agricultural and fruit products. We would better take advantage of tax cuts and reductions to promote export to markets with which Việt Nam has signed FTAs. The ministry has targeted to diversify the import market, especially imported material for production to gradually improve trade balance at markets in which Việt Nam reported trade deficit.
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Stocks expected to rise in the year of the Rooster
Some 117 million shares were on average exchanged in the three sessions, posting a weekly decline of 3.2 per cent. Average trading value in the three trading days was VNĐ2.21 trillion (US$98.45 million), 11 per cent lower than the previous week's figure.
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Shell en ING in schijnwerpers op Damrak
Shell won in het eerste uur 1,4 procent. Het concern zag de winst afgelopen kwartaal stijgen, mede door de fors hogere productie. Wel viel deze veel lager uit dan analisten hadden voorspeld.ING werd door beleggers met een plus van 1 procent beloond voor zijn resultaten. De bank meldde onder meer een stevige winstgroei over heel 2016. Daarbij presteerde het bedrijf met name in het afgelopen kwartaal veel beter dan verwacht.
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January 2017 FDI higher year-on-year
The amount exceeded FDI during the same period in 2016 by 6.6 per cent. During this time, Việt Nam attracted 175 newly-approved projects with total registered capital up to $1.24 billion, up by 37.8 per cent in terms of project number and 23 per cent in terms of capital compared with the same period last year.
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APEC Year 2017: Vietnam actively promotes international integration
"Existing initiatives focus on APEC priorities in terms of growth and connectivity requirements, especially quality in growth. This will be an area for Vietnam's initiatives and in line with our needs. Vietnam will make initiatives to support small and medium sized enterprises as well as vocational training in digital era," Ms Nga noted.
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National CPI hits two-year high in January
The prices of 9 among 11 major groups of goods and services increased in January. Transport witnessed the highest growth at 3.2 per cent, followed by pharmaceuticals and healthcare service at 1.01 per cent, beverage and tobacco at 0.78 per cent and education at 0.5 per cent.
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VN predicts strong business confidence
According to the General Statistics Office, 8,990 new firms were founded in January with a total registered capital of VNĐ90.3 trillion (US$4.01 billion), representing increases by 8.1 per cent and 52.3 per cent, respectively, over the same month of last year. Registered capital averaged VNĐ10 billion, a whopping rise of 40.9 per cent.
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Việt Nam to promote partnership for sustainable agriculture
Major objectives of the PSAV include enhancing sustainable agriculture standards, building policies and good agricultural cultivation practices in Việt Nam and strengthening links between the MARD and partners, including State agencies, international and non-governmental organisations, sponsors, research institutes and businesses.
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ING Bank Concerned About Euro's Future
According to risk director Wilfred Nagel, the future of the Euro is dependent on a number of factors, mainly the developments surrounding the Brexit and the outcomes of elections in the Netherlands and France this year. He points out that the Eurozone is only an economic union, not a political one. "Political will is therefore necessary to maintain the union. The elections in various countries in the coming time are about that."
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Two waves of European investment to hit Việt Nam: Expert
He advised Việt Nam to thoroughly check the quality of materials used for the production scheduled for export while heeding quality management and accessing training offered by EU nations.Trade ties between Việt Nam and the EU have been growing in recent years. Two-way trade between the two sides averages 40 billion EUR each year and is expected to hit 100 billion EUR by 2025.
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