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Vietnam advised to stimulate domestic consumption

Vietnam advised to stimulate domestic consumption

The escalating US-China trade war has affected many other countries, including Vietnam, said Prof. Liu Ying of the Chongyang Institute for Financial Studies under the Renmin University of China.

HCM City encourages solar energy

HCM City encourages solar energy

Three years after beginning a pilot programme to buy solar power at VND2,000 (8.7 US cents) per kWh generated in homes and offices, Ho Chi Minh City has signed up 290 consumers.

Domestic steel consumption drops strongly from May

Domestic steel consumption drops strongly from May

Domestic consumption of steel in June dropped 14.9%compared to May to 1,794,193 tonnes and production output also fell 1.25% month on month to 2,058,445 tonnes, according to the Vietnam Steel Association.

Tien Giang expects to have 730 new firms in 2018

Tien Giang expects to have 730 new firms in 2018

The Mekong Delta province of Tien Giang expects to have 730 newly-established enterprises in 2018 with total registered capital of VND3,196 billion (US$140.8 million), year-on-year rises of 9.3% and 9.1%, respectively.

Vietnam coffee imports on the rise

Vietnam coffee imports on the rise

Vietnam, the second largest coffee exporter in the world, is importing more coffee as demand from restaurants, hotels and shops has increased.

Bright economy dimmed by public debt: report

Bright economy dimmed by public debt: report

Vietnam experienced a relatively stable macroeconomic situation in 2017, in accordance with general global economic trends, but experts warned there will be obstacles to maintaining such momentum in the turbulent environment of 2018.

GDP growth snowballs in 3rd

GDP growth snowballs in 3rd

Despite a continued downturn in the mining sector, nine-month figures show Vietnam’s economy is on a good growth trajectory.

High hopes for Vietnamese economy

High hopes for Vietnamese economy

With stable economic growth and efforts of the government, Vietnam is expected to meet its growth target this year, according to economists and businesses.

ROK highly values Vietnam’s consumer goods market

ROK highly values Vietnam’s consumer goods market

Businesses of the Republic of Korea should boost the export of consumer products to Vietnam to maintain the current export growth in this market, according to a report by the Korea International Trade Association (KITA) released on November 24.

Vinacomin records stable consumption in nine months

Vinacomin records stable consumption in nine months

The Vietnam Coal-Mineral Industries Holding Corporation (Vinacomin) produced 26.7 million tonnes of coal and sold 25.5 million tonnes in the last three quarters, heard a conference in the northern province of Quang Ninh on October 11.