Vingroup reports doubled sales and tripled profits
Vingroup reports doubled sales and tripled profits

Realty developer Vingroup (VIC) has announced consolidated sales of over VND15 trillion (US$671 million) in the first quarter of this year, a two-fold increase over the same period last year.

Vingroup reports doubled sales and tripled profits
Ca Mau: Aquatic export records promising start in 2016
Ca Mau: Aquatic export records promising start in 2016

The southernmost province of Ca Mau earned nearly US$275 million from aquatic exports, mostly shrimp, in the first four months of 2016, up three percent from last year. 

Ca Mau: Aquatic export records promising start in 2016
Vietnam Airlines offers discounted Europe fares
Vietnam Airlines offers discounted Europe fares

The national flag carrier Vietnam Airlines is offering promotional airfares on several international routes that connect Hanoi and HCM City to Paris, Frankfurt and other European cities.

Vietnam Airlines offers discounted Europe fares
Shrimp export sales expected to recover after difficult 2015
Shrimp export sales expected to recover after difficult 2015

Exports of Vietnamese shrimp products are expected to experience a strong recovery in the first half of this year after a slowdown last year.

Shrimp export sales expected to recover after difficult 2015
Vietnam’s PMI highest in nine months
Vietnam’s PMI highest in nine months

The Hong Kong- Shanghai Banking Cooperation (HSBC) anticipated on May 5 that Vietnam’s manufacturing output will continue to expand in the following months as the Purchasing Managers' Index (PMI) in the country surged to a nine-month high, despite a gloomy scenario in the region.

Vietnam’s PMI highest in nine months
BIDV launches VND1.5 trillion credit for fishermen
BIDV launches VND1.5 trillion credit for fishermen

The Bank for Investment and Development of Vietnam (BIDV) has launched a line of credit worth US$68.1 million for fisheries production and processing.

BIDV launches VND1.5 trillion credit for fishermen
FMCG market contracts in rural areas
FMCG market contracts in rural areas

The first quarter saw the fast-moving consumer goods (FMCG) market contracting in rural areas for the first time in three years but posting stable growth in cities, showed a report of market research firm Kantar Worldpanel Vietnam.

FMCG market contracts in rural areas
TPP ‘yarn forward rules’ indirectly benefit Vietnam textiles
TPP ‘yarn forward rules’ indirectly benefit Vietnam textiles

VOV.VN - Though passage of the Trans-Pacific Partnership (TPP) trade pact is bogged down in the US and most certainly not assured, many companies with stakes in Vietnam textiles have begun making investments as if it were already in full force. 

TPP ‘yarn forward rules’ indirectly benefit Vietnam textiles
Purchasing power increases slightly
Purchasing power increases slightly

The purchasing power in the total national retail value of goods and services until April 2016 reached nearly VND1.14 trillion, the General Statistics Office (GSO) reported.

Purchasing power increases slightly
Fruit exports to increase 11% to US$2 billion
Fruit exports to increase 11% to US$2 billion

VOV.VN - Vietnam’s fruit exports to foreign markets are expected to surge 11% to US$2 billion this year, according to the Ministry of Agriculture and Rural Development (MARD). 

Fruit exports to increase 11% to US$2 billion