The Refrigeration Electrical Engineering Corporation (REE) has accepted Platinum Victory Pte Ltd’s bid to buy 31.3 million REE shares.
Last year was favorable for hydropower companies as demand for electricity grew faster than power capacity. This was enhanced by early rainfall which helped increase production.
Property and retail giant Vingroup saw sharp increases in its earnings for 2016, according to the company’s post-audit combined financial report.
Despite record earnings from export in 2016, cashew nuts exporters are struggling to meet targets for this year due to a shortage of raw materials.
Toshiba’s colossal losses and the resulting distrust of creditors may negatively affect its operations in Vietnam and raise questions about the future of its plans here.
Vietnam’s trade value was estimated at US$ 29.3 billion in January, down 13% from the previous month, according to the General Department of Customs.
After three straight years of decline, Vietnam’s tuna exports have turned around this year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
(VOV) -The Ministry of Industry and Trade (MoIT) has estimated Vietnam’s eight-month export earnings at US$84.82 billion, representing an annual increase of 14.7 percent.
(VOV) -Local footwear exporters are expected to surpass 2013’s US$9.7 billion export earnings target, as Japanese importers are shifting their orders from China to Vietnam.
Cassava export earnings are likely to reach US$2 billion if local exporters penetrate the European and US markets, according to Nguyen Van Lang, President of the Vietnam Cassava Association.
(VOV) - Vietnam's export earnings to ASEAN in 2012 hit US$17.08 billion, increasing 25.7 percent from 2011 and accounting for 14.9 percent of the country’s total export value.
Garments and textiles retained their role as Vietnam’s leading exports in the first quarter of 2012, with export earnings reaching US$3.2 billion, a year-on-year increase of 15.4 percent.
Vietnam aims to earn US$760 million from fruit and vegetable exports in 2010 and the figure is expected to increase to US$1.2 billion in 2020, according to the Ministry of Agriculture and Rural Development.