(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.
(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).
(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.
Though many Vietnamese logistics firms have become integrated 3PL (third-party logistics) service providers, they can only join the market at a primary level.
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.
(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.
Contrary to all predictions, economists have reassured the public that the weaker dong will not worsen the public debt burden of the state.
Experts have predicted that many business fields will derive benefits from mobile technology as smartphones and desktop computers become more popular.
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.
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.
(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.
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.
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.
(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.
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.
Concerns about public debt arose again after the Ministry of Finance (MOF) asked for VND30 trillion from the State Bank.
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.
(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.
(VOV) - Walmart stores will import and distribute different products of Vietnamese tra fish (pangasius-Vietnam) in its retail chains in the US.
(VOV) - Wow! Taiwan Selects exhibition will take place at Aeon Mall Tan Phu in Ho Chi Minh City from August 27 to September 2.
(VOV) - Two tonnes of Hung Yen longan have been transported to Ho Chi Minh City to be shipped to the US.