(VOV) - Vietnam’s seafood output is estimated at 258,000 tonnes in August, raising total seafood output in the first eight months to 1.9 million tonnes, an increase of 4.2% over the same period last year.

Vietnam, together with other ASEAN member countries, contributed to finalising measures towards the formation of an ASEAN Community by year’s end during the freshly-ended 47th ASEAN Economic Ministers’ Meeting (AEM 47) in Kuala Lumpur, Malaysia.

Despite the high demand and the fertile market, only 50% of Vietnamese owned finance leasing companies have been profitable. 

Do Thi Ngoc, deputy head of the General Statistics Office's (GSO's) Consumer Price Index Department, which made the announcement on August 25, said this was the first time the August CPI had seen a reduction in the past decade.

Prime Minister Nguyen Tan Dung chaired a meeting with representatives of several ministries and agencies to evaluate impacts of the world’s fast-changing economy on the domestic economy. 

Some international institutions have predicted that the dong will depreciate by 5% this year, while economists have urged the government to devalue the currency by more than 10%.

Many large-sized commercial banks have no scope for credit growth for the last months of the year, as they have used nearly all the quota allowed by the central bank. 

Many small banks want to increase their capital but have failed to do so, according to independent market watchdogs. 

(VOV) - Tapioca exports have shot up 35.4% in volume and 31% in value year-on-year in the seven months leading up to August, driven mainly by an import surge from China, the Ministry of Agriculture and Rural Development (MARD) has reported.

Apple is reportedly following administrative procedures to set up a business in Vietnam. Opinions from well-informed circles say Apple has been working in Vietnam for about one year and has nearly 100 workers.