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Handicrafts help in world recession

Art and handicraft products are contributing strongly to the nation’s economic development, with total export value of these products reaching nearly US$1 billion last year. Exported art and handicraft articles have a higher profit margin than exported garments, wood products and footwear, because most arts and crafts are made from local raw materials as opposed [...]

Vietnam’s Economic situation January 2009

The country’s social economy in January 2009 happened in a background of declination in the world economy; changeable happenings of weather in the country with long-lasting waves of heavy rains and floods in many provinces of the Central Coast, out-of-season rains and tide raising in the Mekong River Delta; businesses and enterprises spent their holidays [...]