Vietnam’s northern port city of Hai Phong has approved the construction of a $575 million tire factory by a subsidiary of Japan’s Bridgestone Corp , the state-run newspaper Nhan Dan quoted municipal authorities on Thursday as saying.

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Bridgestone to build $575 mln Vietnam tire plant: paper

The Asian Development Bank said Thursday it has approved a loan of US$309.89 million for a new power plant in southern Vietnam, because the demand for electricity is growing in the country.

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ADB approves loan to Vietnam’s new eco-friendly power plant

Vietnam Prime Minister has approved funding of more than US$125 million to equip the customs department with a modern fleet of anti-smuggling and sovereignty-support vehicles.

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Vietnam customs to buy new modern fleet

Vietnam’s Prime Minister Nguyen Tan Dung has approved a master plan to construct the Long Thanh International Airport in the southern province of Dong Nai, according to a statement posted on Wednesday on the government’s website.

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Long Thanh Airport master plan approved

The World Bank has approved a new loan of US$330 million for Vietnam to support a multipurpose hydropower project in the north-central province of Thanh Hoa.

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World Bank lends $330 million for Vietnam hydropower plant

Vietnamese Prime Minister Nguyen Tan Dung has approved a plan to partially privatize one of the country’s biggest steel manufacturers, Vietnam Steel Corp (VNSteel), the government said on Tuesday.

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Vietnam PM approves VNSteel equitization plan

Vietnam’s State Securities Commission has approved plans at four local banks to issue new shares to raise capital, the Vietnam Economic Times reported.

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Vietnam banks to issue more shares

The central province of Khanh Hoa has approved in principle a proposal by Russian group Mirax that it further delays a US$200-million resort project that was licensed in 2008.

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Russian investor postpones $200 mln resort project

Prime Minister Nguyen Tan Dung has approved a set of 10 measures aimed at improving the economy’s competitiveness as the country plans to focus on moving further into high-tech manufacturing.

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Vietnam makes an effort to improve its competitiveness

The central bank has approved the Global Petro Commercial Joint Stock Bank’s request to raise its registered capital to VND3 trillion from the current VND2 trillion.

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Vietnam’s GPBank to increase registered capital