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Farmers transport rice after harvesting it outside Hanoi. Vietnam is expected to export a record 7.3 million tons of rice this year. The prices of many agricultural products are rising in the world market, but Vietnamese exporters may not be able to capitalize on this opportunity because their stocks are thin. Coffee prices...

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One-hundred Yuan notes are seen in this picture illustration in Beijing March 22, 2011. China’s long-term plan to cut reliance on investment as a growth engine is clashing with its short-term need for protection against a worsening global outlook. Beijing has made it clear that consumption, not investment, must eventually...

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  Eximbank of Vietnam said on Tuesday its net profit in the first half rose 78.9 percent from a year earlier to VND1.27 trillion (US$61.8 million). Ho Chi Minh City-based Eximbank said in a financial statement that total assets as of the end of June rose nearly 9 percent from the end of 2010 to VND142.72 trillion. The...

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Deputy Prime Minister Nguyen Sinh Hung speaks at a National Assembly meeting Thursday Vietnam has faced more challenging economic problems than expected, but it managed to achieve positive results in the first half of the year. A government report submitted Thursday to the National Assembly by Deputy Prime Minister Nguyen...

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  No headway can be made against drinking and driving if punitive measures are not meted out strictly and obviously Vu The Bang, 65, of Binh Phuoc Province’s Dong Phu District crashed into a parking truck in drunk condition and was killed on the spot in an accident last June....

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  Doan Kien Quoc has made it to the last 32 places at the ongoing 2011 World Table Tennis Championships taking place in Rotterdam, the Netherlands from May 8-15. In the first qualifying round, the 254th-ranked Quoc competed in the 43rd group among 102 groups of three players each. He topped the group after beating...

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The reservoir at Ham Thuan Power Plant in the Central Highlands is drying up Many hydropower plants have had to reduce operations due to dangerously low water levels, worsening the electricity shortage problem in the country. Power plant operators said reservoirs are drying up around the country, especially in the Central...

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VnnNews – The country’s civil aviation market registered strong growth in the first nine months of the year, with both passenger and cargo segments picking up over 20% year-on-year. VnnNews – The country’s civil aviation market registered strong growth in the first nine months of the year, with both passenger and cargo...

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First gold-selling ATM presented in Vietnam; Thanh Giong Cup awarded to 100 outstanding entrepreneurs; Petrol stockpiled as imports continue; Timber exports surge in major markets First gold-selling ATM presented in Vietnam The Eastern Asia Commercial Bank (DongA Bank) introduced the first gold-selling Automated Teller Machine...

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Concerns about the high trade deficit have not eased, though the ratio of trade deficit on total export revenue in the first nine months of 2010 was only 16.7. VnnNews – Concerns about the high trade deficit have not eased, though the ratio of trade deficit on total export revenue in the first nine months of 2010 was only 16.7.   Economist...

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