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US firm to develop US$2.5 billion Vung Ro resort
Rockefeller-backed Rose Rock Group and Vietnam-based Vung Ro Petroleum have signed an agreement to develop a US$2.5 billion resort in Vung Ro Bay on the south central coast of Vietnam.
Indian, Vietnam children paint closer relations
Some 70 Indian and Vietnamese children vividly depicted their impressions about India and friendship between the two nations at a painting contest organised by the Indian consulate in HCM City on January 11.
Domestic aviation recovery fuels competition
The domestic aviation market has significantly recovered, and growth in passenger transport is up 21%.
Ministry cuts petroleum imports
The Ministry of Industry and Trade (MoIT) has decided to reduce the petroleum import quota for this year to approximately seven million tonnes from the earlier 9.115 million tonnes.
Insurance industry to maintain growth
After failing to grow by double-digits in 2013, the insurance market is expected to grow modestly this year, on the back of an economic recovery and stock market gains.
Vietnam toasts trade surplus with Japan
Vietnam saw a trade surplus of nearly US$1.8 billion from exports to Japan last year, according to General Department of Customs statistics.
Decree lifts foreign ownership cap
A single foreign strategic investor is now allowed to hold up to 20% in a credit institution, an increase from the current 15%.
British teacher finds direction on stage in Vietnam
I am a wife, a mother, a teacher, an actress and a producer.
Hanoi targets US$1.3 billion in FDI
Hanoi has set a goal of attracting US$1.3 billion in foreign direct investment (FDI) in 2014, despite failing to meet its annual FDI targets over the past two years.
Congress looks at child heart issues
Expectant mothers and families carrying foetuses with suspected or diagnosed congenital heart disease should receive proper counseling because they are often depressed, scared and anxious, said a Malaysia expert.