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Textiles-garment exports earn 2.2 billion USD in August
Textiles and garment export turnover for August rose 0.2 percent from the previous month to reach almost 2.2 billion USD, according to statistics from the Ministry of Industry and Trade's Department for Import-Export..
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Trade surplus hits 1.7 billion USD
Vietnam has gained a trade surplus of 1.7 billion USD for the first eight months of 2014, figures released from the General Statistics Office (GSO)..
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Made-in-Vietnam goods gain in popularity
Over 80 percent of stockpiles in Hanoi supermarkets and wholesale hubs are made at home, with various and high-quality brands gaining in popularity..
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BIDV awarded "Best Commercial Bank"
The Bank for Investment and Development of Vietnam BIDV has been selected – Best Commercial Bank – by the International Banker, a leading British financial and banking industry news organization..
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PM asks for publicity, transparency in fuel price adjustment
Prime Minister Nguyen Tan Dung had a working with leading officials of the Ministries of Finance, and Industry and Trade on July 15 in Hanoi, asking them to make public on how they fix retail prices of petroleum..
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Lotte Mart markets Vietnamese goods in RoK
Lotte Mart, one of the leading Korean food and shopping services retailers, is seeking high-quality Vietnamese products for export to its supermarkets in the Republic of Korea..
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IPs, EZs to attract $10b in FDI
The country is expected to attract foreign direct investments (FDI) worth US$8 billion into industrial zones (IPs) and $2 billion into economic zones (EZs) this year..
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VND80–100 trillion to develop Vietnam's seaport system by 2020
Prime Minister Nguyen Tan Dung on June 24 issued Decision No.1037/QĐ-TTg ratifying adjustments to a master plan on the development of Vietnam's seaport system by 2020, with orientations to 2030..
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Five Vietnam firms listed in top 500 regional retailers
Five firms of Vietnam are among the top 500 performing retail companies in Asia-Pacific of 2014, the Singapore-based Retail Asia Publishing Pte Ltd and Euromonitor (Asia) Pte Ltd have announced..
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CPI goes up slightly in June
The country's consumer price index (CPI) for June rose slightly by 0.3% over May and 4.98% over a year ago, according to the General Statistics Office (GSO)..
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Businesses urged to invest in supporting industries
A heavy dependence on imported materials has made Vietnamese enterprises lose their competitive advantages and the development of supporting industries is expected to be the key to the obstacle and to enhance ....
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Southern economic area targets 4,000 USD per capita by 2015
The Southern key economic area has set targets to reach an annual average GDP per capita of 3,900-4,000 USD by 2015 and over 5,000 USD by 2020, Nhan Dan (People) online newspaper reported on June 6..
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Coffee exports up in volume, value
Vietnam fetched US$1.96 billion from exporting 966,000 tonnes of coffee in the first five months of the year, up 36.7% in volume and up 29% in value over the same period last year..
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Manufacturing industry attracts huge FDI
As of April, Japan had 2,226 projects covering all 18 sectors in Vietnam with a total investment of US$35.51 billion, mainly in the processing and manufacturing industry (1,227 projects at US$29.9 billion), real estate (30 projects at US$1.4 billion) and construction (US$56 projects at US$1.06 billion)..
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More than 250 cashew nut processors attended the conference in BR-VT
More than 250 cashew nut processors from 40 countries around the globe gathered at an international conference in the southern province of Ba Ria-Vung Tau on May 16 to seek ways to develop the sector..
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127 projects calling for foreign investment announced
The Prime Minister has issued a list of 127 national projects calling for foreign investment until 2020..
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Import-export trade volume rises 14%
The cumulative import-export trade volume of Vietnam rose to over US$77.97 billion for the first quarter of 2014, up 14% from last year's same period, according to Vietnam Customs statistics..
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Industrial production ups in first two months
Nearly 90% of imports Vietnam made in the first two months of this year served production, such as fuels, raw materials and machines, showing signs of recovery of the national economy..
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EVN works to meet southern need for power
The Electricity of Vietnam (EVN) is taking all possible measures to ensure a stable power supply for the south with the dry season in the region climbing to its peak..
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200 businesses to join southeastern trade fair
More than 200 local and foreign businesses will participate in the Southeastern Region Industry and Trade Fair & Exhibition 2014 in Phan Thiet city, the southern Binh Thuan province on April 17..
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Cashew industry seeks to improve export value
In 2013, cashew exports brought in a fortune, earning 1.7 billion USD. In the context of economic turmoil, global import demand and consumption of agricultural products generally declined, but export of Vietnamese cashew nuts still achieved steady growth.
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Expects to home 5,000 S&T enterprises by 2020
The initially small number of science and technology enterprises (S&T enterprises) have laid first foundations for the formation of a new technology enterprise culture in Vietnam, the Vietnam Investment Review reported..
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Focus on domestic market
The Trade Promotion Center of Ba Ria – Vung Tau province is preparing to organize a business delegation to attend the Southern and Southeast Key Economic Zone Expo. -
Emergency aid centres to be bui in coastal cities
Healthcare centres for emergency aid and treatment of common diseases will be built this year in coastal provinces to ensure the success of the Vietnam Sea and Island Health Development plan to 2020, which was launched last year..
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Japanese grants $242 million ODA loan
Japan has granted ¥25 billion ($242.7 million) in official development assistance to a programme helping deal with climate change and another on improving economic management and competitiveness in Vietnam..
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Jan-Feb budget collection reaches 6.18 billion USD
State budget revenue in the first two months of this year was estimated at over 129.8 trillion VND (6.18 billion USD), according to the Ministry of Finance..
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Industrial production ups in first two months
Nearly 90 percent of imports Vietnam made in the first two months of this year served production, such as fuels, raw materials and machines, showing signs of recovery of the national economy..
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Southeastern region still attractive to FDI: report
Vietnam's southeastern region remains an attractive destination for foreign direct investment (FDI) thanks to quality improvement in 2013..
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Processing-manufacturing sector attracts most FDI in January
The processing and manufacturing sector attracted the largest amount of foreign direct investment (FDI) in January, absorbing 189 million USD in both newly-registered and additional capital, according to the Ministry of Planning and Investment..
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Export surplus hits US$40 million in early 2014
Vietnam produced an export surplus of US$40 million in the first two weeks of this year, reported the General Department of Customs..
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Seaport system set for major upgrade
Transport Minister Dinh La Thang has asked concerned agencies to expedite work on a major project to improve operational efficiency of Seaport System No.5 to make it a regional entrepot in a near future..
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Deep-water ports face with big challenges
Deep-water ports in Vietnam are dealing with oversupply and other challenges as highlighted in a first ever trade report on Vietnam released by Maersk Line on December 10, according to Saigon Times Daily..
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New opportunities for retail industry
Expanded retail networks and increased service quality will offer the retail sector a wealth of opportunities for development..
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Send nearly 80,000 workers abroad
As many as 78,664 workers were sent abroad in the first 11 months of this year, equivalent to 92.5 percent of the yearly target, the Overseas Worker Management Department reported..
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Only 1% of $1.44 bln credit package disbursed in 6 months
It takes Nguyen Thi Bich Thuy nearly a month to complete all the necessary procedures to access the VND350 million loan under a governmental credit program which she needs to buy a house..
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Gas prices to rise by VND80,000 from December
Retail gas prices will increase VND80,000 to VND475,000-485,000 per 12kg canister from December 1, their highest level since February 2012..
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Trade fair promotes agricuural development
The Vietnam International Agriculture Trade Fair, AgroViet 2013, kicked off in Hanoi on November 14 to promote safe and sustainably developed agriculture..
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Trade surplus with Japan hit US$1.42 billion
Japan is now Vietnam's third largest trade partner after China and the US with US$1.42 billion in export surplus from Vietnam, according to the Ministry of Trade and Industry (MoIT)..
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$4.85 billion of real estate inventories
Inventories at the end of September fell more than 20 per cent compared to the first half of the year; the estate market has had positive signs, according to the Ministry of Construction..
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Exports to hit $131 billion in 2013
Vietnam is striving to fetch 131 billion USD from exports in 2013, an increase of 14 percent against last year and 4 percent higher than the target set by the National Assembly..
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October CPI likely to increase by 0.76%
Credit organizations forecast that the October consumer price index (CPI) will rise just 0.76% compared to the September figure of 1.06%..
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October CPI likely to increase by 0.76%
Credit organizations forecast that the October consumer price index (CPI) will rise just 0.76% compared to the September figure of 1.06%..
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Foreign organisations still casting doutbs over economic prospect
A range of international organisations have reported weak business sentiment in Vietnam, stifling the country’s economic growth..
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Pepper exports hit 743 million USD in nine months
Vietnam fetched 743 million USD from exporting 112,000 tonnes of pepper in the first nine months of 2013, representing year-on-year increases of over 20 percent in volume and 16.5 percent in value..
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Industrial production index rises
The country’s index of industrial production (IIP) saw a year-on-year increase of 5.4 percent in the first nine months of the year, signalling a promising sign in the economic slowdown..
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Shrimp exports predicted to reach $2.6 bln in 2013
Vietnam expects to earn around 2.6 billion USD from shrimp exports in 2013, up by 15 percent against last year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP)..
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Vietnam’s seaport system to be adjusted
The Vietnam Maritime Administration has submitted to the Ministry of Transport a report on the adjustment of the country’s seaport system planning by 2020 and orientations towards 2030..
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Bank pre-tax profits rise in first half
Pre-tax profits of commercial banks in the first half of the year was estimated to total 24.2 trillion VND (1.125 billion USD), up 1.2 percent against the same period last year, vn.economy website quoted a source as saying..
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Half-year footwear exports approach nearly US$4 billion
The Vietnam Leather and Footwear Association (Lefaso) has reported earnings from Vietnam’s footwear exports totalled almost US$4 billion in the first half of 2013, a 13.86 percent increase over the same period a year previous..
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Pepper exports soar but stocks left bare
The country now has almost no pepper left for export for the second half of the year, according to the Ministry of Agriculture and Rural Development..
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