Vietnam’s government has decided to develop an industrial park on the site where a now revoked US$9.8 billion steel complex was to be built.

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Vietnam replaces mega steel project with industrial park

The Vietnamese government has decided to revoke the investment license of a US$9.8 billion joint venture between state-owned shipbuilder Vinashin and Malaysia’s Lion Group to build a steel plant.

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Vietnam cancels $9.8 bln steel venture

The government has approved a record increase in electricity prices, adding pressure to businesses already struggling with rising inflation.

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Power rate hike deals big blow to businesses

The government has decided to raise power prices by 15.28 percent this March, a smaller hike than the one sought by state utility EVN.

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Vietnam power prices up 15 pct in March

The government has weakened the dong to increase liquidity in the foreign exchange market and narrow the trade deficit, but experts worry that the move may worsen inflation with rising costs of input materials for production and public fear that the dong may be devalued again.

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Inflation threat looms after dong devaluation

The Vietnamese government has green-lighted the construction of two new international airports, one in the northern province of Hai Phong and another in the southern province of Dong Nai.

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Vietnam to have two new intn’l airports

The government has approved a plan to expand four-fold the Dung Quat Economic Zone in the central province of Quang Ngai, aiming to turn it into a key economic center in the country.

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Dung Quat EZ set for four-fold expansion

Vietnam’s government has reaffirmed that it will take strong measures to keep inflation below 10 percent this year, a senior official said.

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Vietnam aims for single-digit inflation: official

The Vietnamese government has announced it will subsidize two-year interest-free loans to fish farming businesses seeking to upgrade their farming and processing technology.

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Vietnam offers subsidized loans to fish farmers

The Vietnamese government has announced it will subsidize two-year interest-free loans to fish farming businesses seeking to upgrade their farming and processing technology.

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Vietnam offers subsidized loans to fish farmers