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FDI disbursement surges 7.6% in Jan-Aug
Viet Nam has disbursed US$8.5 billion of FDI in the first eight months, representing a year-on-year surge of 7.6%, according to the Foreign Investment Agency (FIA).
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GDP growth may touch 6.4% in 2015
Viet Nam is likely to achieve a GDP growth rate of 6.4% in 2015 in spite of impacts from China’s yuan devaluation and low oil prices, according to the Ministry of Planning and Investment (MoPI).
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Minimum wage to increase by 12.4% from next year
The National Salary Council (NSC) on September 3 agreed to a 12.4% increase in minimum wage for 2016. The wage floor will be submitted to the Government for approval in October 2015.
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HSBC raise forecasted GDP growth for VN
The Hong Kong and Shanghai Banking Corporation (HSBC) lifted Viet Nam’s Gross Domestic Product (GDP) growth rate from 6.3% to 6.6% in 2015
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VN elected to UN Economic and Social Council
Viet Nam has been elected to the United Nations Economic and Social Council (ECOSOC) in the 2016-2018 period.
