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SMEs urged to get ready for ASEAN EC

SMEs urged to get ready for ASEAN EC

Vietnamese enterprises, especially small- and medium-sized companies, have been repeatedly warned to prepare for both the challenges and opportunities when the ASEAN Economic Community is established next year.

Production rise hints at recovery

Production rise hints at recovery

The nation's industrial production from Jan-July 2014 saw a 6.2% year-on-year increase, a positive sign of recovering production at enterprises, noted the General Statistics Office (GSO).

Trade surplus with Australia reaches US$924 million

Trade surplus with Australia reaches US$924 million

(VOV) -Two-way trade between Vietnam and Australia in the first six months of the year peaked at over US$2.86 billion, resulting in a trade surplus of US$924 million, according to Vietnam Customs statistics.

UAE becomes fifth largest Vietnam export market

UAE becomes fifth largest Vietnam export market

(VOV) -The United Arab Emirates (UAE) has surpassed Germany and Hong Kong to become Vietnam’s fifth largest export market, trailing behind the US, China, Japan, and the Republic of Korea.

HCM City aims for 9.5% GDP in H2

HCM City aims for 9.5% GDP in H2

Ho Chi Minh City’s GDP growth rate will remain high at over 9.5% in the second half of this year despite economic difficulties, heard a conference in the city on June 20.

Positive signs of textile, footwear exports

Positive signs of textile, footwear exports

(VOV) - The Ministry of Industry and Trade (MoIT) reports the textile and leather & footwear sectors achieved impressive growth in April buoyed up by numerous export contracts.

Nation on target to hit GDP growth target

Nation on target to hit GDP growth target

The country’s economic growth will improve in the next quarter and the 5,8% GDP growth target will likely be met thanks to the Government’s measures to increase aggregate demand, according to the National Financial Supervisory Committee.

Big challenge for economy in 2014

Big challenge for economy in 2014

(VOV) - Maintaining last year’s reasonable rates of economic growth in 2014 presents a major challenge in the current economic context.

Vietnam-ASEAN trade turnover down

Vietnam-ASEAN trade turnover down

(VOV)-Vietnam’s import-export turnover with ASEAN member states dipped in 2013 compared to the prior year but still maintained a positive growth rate.

Vietnam enjoys US$650 million trade surplus

Vietnam enjoys US$650 million trade surplus

(VOV) -Vietnam achieved an export revenue of nearly US$125.79 billion by December 15, up 15.4% from a year earlier, according to the Vietnam General Department of Customs (VGDC).

Vietnam growth outlook remains stable

Vietnam growth outlook remains stable

(VOV) -Vietnam could see lower growth rates due to tighter US monetary policy and a slowdown in China's growth, but currency devaluation, robust consumption and government spending will help protect growth rates.

Indonesian businesses eye Vietnamese market

Indonesian businesses eye Vietnamese market

(VOV) - The Southeast Asian region in general and especially Vietnam and Myanmar are becoming key Indonesian business investment destinations, boasting surging growth rates and consumer demand.

Peru praises Vietnam’s role in Asia

(VOV) - The Ministry of Foreign Relations of Peru has said the upcoming opening of its embassy in Hanoi will help boost economic-trade ties and development cooperation with Vietnam.

National economy grows by 4.89pct in Q1

National economy grows by 4.89pct in Q1

(VOV) - Vietnam is expected to achieve a GDP growth rate of 4.89 percent in the first quarter of this year, a bit higher than last year’s corresponding figure of 4.75 percent.

2012 economy grows by 5.03 percent

2012 economy grows by 5.03 percent

Vietnam recorded a Gross Domestic Product (GDP) growth rate of 5.03 percent in 2012, announced the General Statistics Office (GSO) in a press briefing in Hanoi on December 24.