Export of agro-forestry- aquatic products hit nearly US$20 billion
Export of agro-forestry- aquatic products hit nearly US$20 billion

(VOV) - The export of agro-forestry and aquatic products in August is estimated at US$2.83 billion, bringing the total export revenue in eight months to US$19.31 billion, down 4.8% against the corresponding period last year.

Export of agro-forestry- aquatic products hit nearly US$20 billion
Vietnam’s cement industry faces shake-up
Vietnam’s cement industry faces shake-up

(VOV) - The cement industry posted growth in the first seven months of the year on the back of strong domestic consumption despite lagging exports, according to the latest statistics of the Ministry of Construction (MOC).

Vietnam’s cement industry faces shake-up
Thai group opens Komonoya parity shops in Vietnam
Thai group opens Komonoya parity shops in Vietnam

(VOV) - Thai Central Group is destined to open six more Komonoya parity shops at major trading centres from September 2015 to March 2016, bringing the total number of shops of its kind to 10 in Vietnam.

Thai group opens Komonoya parity shops in Vietnam
Logistics firms fight for 3PL market share
Logistics firms fight for 3PL market share

Though many Vietnamese logistics firms have become integrated 3PL (third-party logistics) service providers, they can only join the market at a primary level.

Logistics firms fight for 3PL market share
SBV expects stable forex
SBV expects stable forex

The forex market has begun to stabilize as the central bank has, once again, pledged that it would not devalue the dong any further for the rest of the year.

SBV expects stable forex
Future seems ‘grim’ for Vietnam’s steel industry
Future seems ‘grim’ for Vietnam’s steel industry

(VOV) - Vietnam and the Eurasian Economic Union (EEU) signed a free trade agreement (FTA) on May 29, 2015 –  the first such trade deal struck by the Moscow led body with a third country as it seeks to bolster its presence in Asian markets.

Future seems ‘grim’ for Vietnam’s steel industry
VND devaluation won’t affect public debt: economists
VND devaluation won’t affect public debt: economists

Contrary to all predictions, economists have reassured the public that the weaker dong will not worsen the public debt burden of the state.

VND devaluation won’t affect public debt: economists
Many business fields benefit from mobile technology
Many business fields benefit from mobile technology

Experts have predicted that many business fields will derive benefits from mobile technology as smartphones and desktop computers become more popular.

Many business fields benefit from mobile technology
Industrial production index up 9% in August
Industrial production index up 9% in August

The industrial production index in August grew 9% from the same period last year, according to the General Statistics Office under the Ministry of Planning and Investment. 

Industrial production index up 9% in August
Retail building oversupply reaches alarming level in HCM City
Retail building oversupply reaches alarming level in HCM City

Rents for retail premises in Ho Chi Minh City are falling and shopping malls are poorly patronized, but supply of retail space continues to explode. 

Retail building oversupply reaches alarming level in HCM City
Seafood output in eight months surges 4%
Seafood output in eight months surges 4%

(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.

Seafood output in eight months surges 4%
Vietnam actively proffers ideas for AEC formation during AEM 47
Vietnam actively proffers ideas for AEC formation during AEM 47

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.

Vietnam actively proffers ideas for AEC formation during AEM 47
SBV vows to restructure financial leasing companies
SBV vows to restructure financial leasing companies

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

SBV vows to restructure financial leasing companies
Consumer price index slips 0.07 % during August
Consumer price index slips 0.07 % during August

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.

Consumer price index slips 0.07 % during August
Government discusses macro-economy
Government discusses macro-economy

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. 

Government discusses macro-economy
How much value will the dong lose this year?
How much value will the dong lose this year?

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%.

How much value will the dong lose this year?
Banks run out of credit quotas
Banks run out of credit quotas

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. 

Banks run out of credit quotas
Small banks fight against takeovers
Small banks fight against takeovers

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

Small banks fight against takeovers
Soaring prices boost tapioca industry
Soaring prices boost tapioca industry

(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.

Soaring prices boost tapioca industry
Will Apple set up a legal entity in Vietnam?
Will Apple set up a legal entity in Vietnam?

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.

Will Apple set up a legal entity in Vietnam?
Undervalued currency may undermine sentiment to reform
Undervalued currency may undermine sentiment to reform

Dan Svensson, portfolio manager of the Vietnam Debt Fund (VDeF) under Dragon Capital granted an exclusive interview to a reporter from The Saigon Times Daily over Vietnam’s monetary policy and related issues in the short and middle terms. 

Undervalued currency may undermine sentiment to reform
HCM City’s August CPI drops 0.12% monthly
HCM City’s August CPI drops 0.12% monthly

The August consumer price index (CPI) in Ho Chi Minh City declined 0.12% from the previous month, contributing to an annual 0.66% rise in the southern economic hub’s average eight-month index. 

HCM City’s August CPI drops 0.12% monthly
Livestock industry on the TPP chopping block
Livestock industry on the TPP chopping block

(VOV) - Vietnam’s livestock industry on which the livelihoods of nearly 10 million people depend will most likely be put on the chopping block by the 11 other signatory nations to the Trans-Pacific Partnership (TPP) trade accord.

Livestock industry on the TPP chopping block
Competitive electricity market? It’s still far away
Competitive electricity market? It’s still far away

If Electricity of Vietnam’s (EVN) exclusive role cannot be removed, private businesses will not be able to join the electricity market, even though the Ministry of Industry and Trade (MOIT) has decided to open the market to all businesses that can meet the requirements.

Competitive electricity market? It’s still far away
Fiscal policy, public debt are major problems, not inflation or monetary policy
Fiscal policy, public debt are major problems, not inflation or monetary policy

Concerns about public debt arose again after the Ministry of Finance (MOF) asked for VND30 trillion from the State Bank.

Fiscal policy, public debt are major problems, not inflation or monetary policy
Survey finds optimistic outlook for Q3
Survey finds optimistic outlook for Q3

Vietnam's enterprises have a positive outlook on the business climate for the third quarter, according to the General Statistics Office (GSO) under the Ministry of Planning and Investment.

Survey finds optimistic outlook for Q3
HCM City enters ‘new age’ of luxury home sales
HCM City enters ‘new age’ of luxury home sales

(VOV) - Ho Chi Minh City is sailing into another real estate boom with construction of residential housing units picking up steam throughout the metropolitan area and buyers snapping up new homes just about as fast as they hit the market.

HCM City enters ‘new age’ of luxury home sales
Vietnamese tra fish enters Walmart in US
Vietnamese tra fish enters Walmart in US

(VOV) - Walmart stores will import and distribute different products of Vietnamese tra fish (pangasius-Vietnam) in its retail chains in the US.

Vietnamese tra fish enters Walmart in US
Wow! Taiwan Selects to open in HCM City
Wow! Taiwan Selects to open in HCM City

(VOV) - Wow! Taiwan Selects exhibition will take place at Aeon Mall Tan Phu in Ho Chi Minh City from August 27 to September 2.

Wow! Taiwan Selects to open in HCM City
First batch of longan shipped to the US
First batch of longan shipped to the US

(VOV) - Two tonnes of Hung Yen longan have been transported to Ho Chi Minh City to be shipped to the US.

First batch of longan shipped to the US