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Updated: 8:51 Thursday, 17/04
The General Department of Vietnam Customs estimated to have collected total of VND52,238 billion ($2.52 billion) worth of import-export duties in the first quarter of this year, making a year on year increase of 30.7%, thoibaonganhang.vn reported.
 
PV Gas to Divest from SeABank

PetroVietnam Gas Corporation (PV Gas) said it would divest non-core business from Southeast Asia Commercial Joint Stock Bank (SeABank) from now until 2015, local newspaper Cong ly reported.

Sugar Stocks Hit Record High of 710,000 Tons

Sugar stocks were estimated at 710,000 tons as of beginning April- the highest level so far, vnexpress.net reported, citing data from the Vietnam Sugar and Sugar Cane Association.

VPBank Plans to Raise Charter Capital to VND7.323 Tln and Offer Maximum Shares to Foreign Investors

Vietnam Prosperity Joint Stock Commercial Bank (VPBank) has just submitted to its shareholders approved the plan to raise charter capital from VND VND6.347 trillion to VND7.323 trillion through 2 phases, local newswire Tri Thuc Tre reported.

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Government Plans to Sell Shares in More Than 400 State-Owned Enterprises by 2015
Trade and Economy   More
Vietnam's automotive manufacturers have asked for changes to the current car tax scheme amid objections from importers.
Financials   More
Small banks merging into bigger banks is becoming a growing trend in Vietnam.
Commodities   More
U.S. crude futures edged higher to trade just below $104 a barrel in early trade on Thursday, as rising geopolitical tensions over Russia's involvement in the crisis in Ukraine overshadowed a rise in U.S. oil inventories.
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Geru Star Spart JSC. (GER) announced April 23 as ex-date and April 25 as record date for 2013 cash dividend payment.
Real Estate   More
C.T Group has said it has worked with a major European retail firm over a plan to open a commercial center on the ground floor of I-Home apartment project under construction in HCMC’s Go Vap District.
Global Markets   More
World Media on Vietnam   More
Europe mixed after Yellen, earnings; Ukraine talks ahead

European shares were mixed in morning trade on Thursday, failing to continue a rally on Wall Street after accommodative comments from U.S. Federal Reserve Chair Janet Yellen.

  Green light for Vietnam casino

Casino operator Donaco International has cleared the final regulatory hurdle in its bid to open a new hotel and gaming property in the North of Vietnam, pitched at Chinese gamblers in the bordering Yunnan province.

 
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Vietnam Consumer Finance Report 2014

The main consumer finance market are dominating by the 6 foreign-owned finance companies as well as a number of local commercial banks.

Vietnam Cement Report 2013

While cement demand continues to be weak in 2012 and 2013, capacity increased rather quickly. In 2012, total sector capacity was 68.5mn tons while total consumption was just 45.2mn tons, equivalent to 67% capacity.

Vietnam Plastic Packaging Report 2013

Plastic packaging is an intersection sector between two industries, Plastics and Packaging. Plastics packaging sector can be broadly categorized into (i) Flexible packaging i.e. mostly for food sector; (ii) Plastic containers & Closures which are mostly for beverage sector; and (iii) Rigid packaging.

Vietnam Logistics Report 2013

Total logistics cost in Vietnam is largely at US$25bn and total transportation cost is about US$15bn. However, the sector is still in early development stages with more than 1200 companies.

Vietnam M&A 2012 Report and 2013 Outlook

Foreign investors and players continued making the acquisition of Vietnamese companies. Japanese investors are still the most active but they had a smooth shift to small and medium companies who are good at their niche markets.
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