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maandag 17 juli 2017

Vietnam: Vietnamese PM hosts international business leaders in Netherlands

Vietnamese PM hosts international business leaders in Netherlands

Nguyen Xuan Phuc hosted receptions for leaders of several economic groups and organisations, in Amsterdam on July 9, as part of his on-going official visit to the Netherlands. Meeting with Chairman of the Board of Austrian Vamed Group Ernst Wastler, the PM thanked the group for its help with Vietnam's public healthcare system over the past 20 years, particularly in the effective disbursement of official development assistance (ODA) loans made by the Austrian government and used to modernise the hospital network in Vietnam.

The post Vietnamese PM hosts international business leaders in Netherlands appeared first on Dutch Business Association Vietnam.

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Rotterdam wants to expand cooperation with Vietnamese localities

The port city of Rotterdam, in the Netherlands, is keen to expand multifaceted cooperation with Vietnamese localities, particularly Ho Chi Minh City, in planning, building and management of port infrastructure, navigation training, logistics services, and the prevention of flood tides and urban inundation.

The post Rotterdam wants to expand cooperation with Vietnamese localities appeared first on Dutch Business Association Vietnam.

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Vietnam PM Receives East-West Seed Pledge For Agriculture Scholarship

"To celebrate 35 years of East-West Seed and our continued cooperation with Wageningen University we created the Simon N. Groot Scholarship, named after our company founder. We want to emphasize our commitment to Vietnam, to smallholder farmers and the importance of education and knowledge transfer," said Joost van Elzakker, East-West Seed general manager in Vietnam.

The post Vietnam PM Receives East-West Seed Pledge For Agriculture Scholarship appeared first on Dutch Business Association Vietnam.

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Export revenue likely to hit US$200 billion in 2017

Vietnam is likely to reach total export turnover of US$200 billion for 2017, increasing more than 13 per cent from last year and exceeding the set target, deputy minister of Industry and Trade Do Thang Hai claimed at a meeting in Ha Noi yesterday.

The post Export revenue likely to hit US$200 billion in 2017 appeared first on Dutch Business Association Vietnam.

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FDI investment in IPs, EPZs up

Investment in industrial parks (IP) and export processing zones (EPZ) rose more than 39 per cent year-on-year in the first half of the year to US$384.3 million, according to the HCM City Export Processing and Industrial Zones Authority (Hepza).

The post FDI investment in IPs, EPZs up appeared first on Dutch Business Association Vietnam.

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Making agriculture attractive to today's youth

Having experienced months of negative growth due to drought, climate change, floods and saltwater intrusion, the local agriculture segment is demonstrating its inability to serve as a cornerstone of the country's economy.

The post Making agriculture attractive to today's youth appeared first on Dutch Business Association Vietnam.

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Ho Chi Minh city supports startups

Ho Chi Minh City has established a number of support and consultancy centers to help startups as part of its startup support program. The establishment of more than 20,000 enterprises in the first half of this year has proved the effectiveness of this program.

The post Ho Chi Minh city supports startups appeared first on Dutch Business Association Vietnam.

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Trade minister asks for diplomats' help in expanding export markets

At a meeting in Hanoi on July 14 with the heads of Vietnam's overseas representative agencies for the 2017-2020 tenure, Minister Anh said along with expanding markets for Vietnamese goods, Vietnam's diplomatic agencies abroad should also provide more information to the Ministry of Industry and Trade to help it build practical policies for the formation of sustainable production and export chains.

The post Trade minister asks for diplomats' help in expanding export markets appeared first on Dutch Business Association Vietnam.

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Suitable financial, monetary policies needed to promote growth

Management agencies need to focus on financial and monetary policies besides long-term solutions such as restructuring the economy, reforming State-run businesses, and developing private economy to promote economic growth, heard a July 14 workshop in Hanoi.

The post Suitable financial, monetary policies needed to promote growth appeared first on Dutch Business Association Vietnam.

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Inflation may return by the end of 2017: analysts

It will be difficult to curb inflation if unreasonable measures are used to reach a GDP growth rate of 6.7% and low inflation rate of 4% in 2017. A GSO (General Statistics Office) report shows that the CPI (consumer price index) in the first six months of the year increased by 4.15% compared with same period last year.

The post Inflation may return by the end of 2017: analysts appeared first on Dutch Business Association Vietnam.

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Thua Thien-Hue achieves GDP growth of 7.44% in first half

Statistics revealed at the fourth meeting of the provincial People's Council on July 13-14 showed that the total social investment in Thua Thien-Hue reached VND8,538 billion (US$376 million), while the state budget collection hit VND3,308 billion (US$145.55 million), accounting for 48.3% of the yearly target.

The post Thua Thien-Hue achieves GDP growth of 7.44% in first half appeared first on Dutch Business Association Vietnam.

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Will interest rates continue decreasing?

After the State Bank of Vietnam (SBV) made a decision to reduce operating interest rates and short-term lending rate ceiling on July 7, 2017, the question of common concern is how will interest rate trend be in the near future?

The post Will interest rates continue decreasing? appeared first on Dutch Business Association Vietnam.

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Vietnam's consumer credit booming

The consumer finance market has witnessed many amazing leaps in recent years, according to the 2016 report on the overall consumer finance sector in Vietnam conducted by StoxPlus. Specifically, the total outstanding loans/GDP of Vietnam's consumer finance sector in 2012 reached $7.3 billion, reaching $26.55 billion in 2016. Although it accounts for a small proportion (9.8 percent at the end of 2016), the pace of development of the consumer finance sector is growing rapidly.

The post Vietnam's consumer credit booming appeared first on Dutch Business Association Vietnam.

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TPP talks continue without the US

The chief negotiators from the 11 Trans-Pacific Partnership (TPP) countries met in Kanagawa Prefecture, Japan, on July 12 to discuss how to bring the regional free trade deal into effect following the withdrawal of the US.

The post TPP talks continue without the US appeared first on Dutch Business Association Vietnam.

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VN growth target remains elusive

The annual growth goal of 6.7 per cent is likely to remain beyond reach despite an improved economic performance in the second half of the year, says Nguyen Duc Thanh, director of the Vietnam Institute for Economic and Policy Research (VEPR).

The post VN growth target remains elusive appeared first on Dutch Business Association Vietnam.

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German localities encouraged to invest in Vietnam

Vietnam's Ambassador to Germany Doan Xuan Hung has made a trip to Rostock city in Mecklenburg-Vorpommern state to promote German investment in Vietnam. The Vietnamese Government is committed to providing the best possible support to German investors and is ready to talk to address outstanding problems encountered by foreign investors in Vietnam, the Ambassador said during his working sessions with the city's officials on July 11.

The post German localities encouraged to invest in Vietnam appeared first on Dutch Business Association Vietnam.

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Quadria Capital successfully acquires stake in FV Hospital

Quadria Capital, Asia's leading private healthcare investor, has successfully completed an investment into French-Vietnam Hospital. The investment will be used to facilitate the establishment of centres of excellence for selected specialties and to provide access to advanced care and treatment in Central and South Vietnam via an integrated network across the region.

The post Quadria Capital successfully acquires stake in FV Hospital appeared first on Dutch Business Association Vietnam.

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Hanoi property market sees lower Q2 sales

Apartment sales in Hanoi declined in the second quarter, while their supply increased in the first half of the year, a new report says. The highlight of the second quarter was that the high-end segment was the only part of Hanoi condominium market that gained, going up one per cent and three per cent in primary and secondary markets, respectively.

The post Hanoi property market sees lower Q2 sales appeared first on Dutch Business Association Vietnam.

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