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  • Vietnam Money-Banks ease dong loan rates
    The latest Reuters articles on M&A, IPOs, hedge funds and more HANOI, Dec 1 (Reuters) - Vietnamese banks have cut lending rates slightly in the past week following central bank rate cuts but corporate borrowers were looking for a reduction of at least 2
  • China underscores all-round strategic partnership with Vietnam
    BEIJING, Dec. 1 (Xinhua) -- Chinese Vice President Xi Jinping on Monday pledged joint efforts with Vietnam to settle disagreements, and he also pledged to step up the bilateral strategic partnership. In a meeting with Chief of the General Staff of the
  • Vietnam's PVTrans to invest $3 bln in tanker fleet
    HANOI, Dec 1 (Reuters) - Petrovietnam's shipping arm PV Trans plans to invest up to $3 billion over the next seven years to upgrade its crude and oil product tanker fleet to meet demand from Vietnam's refineries, it said on Monday. The Ho Chi Minh
  • Vietnam Central Bank Sets USD/VND Exchange Rate At 16,481
    HANOI -(Dow Jones)- Vietnam's central bank set the dollar's exchange rate lower at VND16,481 Monday. The state-owned Vietcombank bought the dollar unchanged at VND16,970. It sold at VND16,975, compared with VND16,977 Friday. Gold shops bought higher at
  • AmCham Statement at Vietnam Business Forum, Dec 01, 2008
    I am pleased to speak to you today about AmChams perception of the business environment in Vietnam and I thank the Ministry of Planning and Investment, supported by the World Bank and the International Finance Corporation, for bringing together business
  • AmCham Statement at Vietnam Business Forum, Jun 02, 2008
    I am pleased to speak to you today about AmChams perception of the business environment in Vietnam and I thank the Ministry of Planning and Investment, supported by the World Bank and the International Finance Corporation, for their role in bringing
  • President Patil arrives in Jakarta
    Jakarta, Nov 30 : Visiting Indian President Pratibha Devisingh Patil arrived at Jakarta on Sunday in her last leg of tour to Vietnam and Indonesia. Indonesian Foreign Minister Dr. Hassan Wiraynda and Minister for Women Empowerment Frida Hatta received
  • German Firms Big on Investing in Emerging Vietnam
    More than 30 years after the end of the Vietnam War, the economy has become one of fastest growing in Asia and has attracted German investors, who regard its young population as the next "Asian Prussians."
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France occupied all of Vietnam by 1884. Independence was declared after World War II, but the French continued to rule until 1954 when they were defeated by communist forces under Ho Chi MINH, who took control of the north. US economic and military aid to South Vietnam grew through the 1960s in an attempt to bolster the government, but US armed forces were withdrawn following a cease-fire agreement in 1973. Two years later North Vietnamese forces overran the south. Economic reconstruction of the reunited country has proven difficult as aging Communist Party leaders have only grudgingly initiated reforms necessary for a free market.

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