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Coffee export up 17pct in Feb

In February, Vietnam exported 90,000 tonnes of coffee, equalling to 1.5 million bags, meeting the expectation of the market. As announced by the General Statistical Office (GSO) on February 25, Vietnam’s coffee export in January was adjusted up to 145,000 tonnes, equalling to 2.42 million bags, up 3 percent against the previously estimated figure of [...]

Obstacles hampering Vietnam’s economic growth

Many “hot questions” on the growth issue have been posed at the international scientific conference on the quality of Vietnam’s economic growth in 2001-2010 period and orientation by 2020 Why the quality of economic growth is low? According to figures of the general Department of Statistics, the average growth of 2001-2010 period is 7.25 percent, [...]

Vietnam wants to speed up cooperation with EFTA

Vietnam has always attached great importance to strengthening and expanding multi-faceted cooperation with member countries of the European Free Trade Association (EFTA) said, National Assembly vice Chair Nguyen Duc Kien. At a reception for Svein Roalh Hansen, President of the EFTA Parliamentary Committee in Hanoi on February 24, Kien said Vietnam and the EFTA should [...]

Vietnam’s February trade deficit falls to $950m-report

Vietnam’s trade deficit this month will narrow to $950 million from $1.3 billion a year earlier, a state-run newspaper reported on Friday. Exports were estimated to have increased 40.4 percent from a year earlier to $5.25 billion and imports to rise 22.3 percent to $6.2 billion, the Liberation Saigon daily cited government statistics as showing. [...]

Hanoi’s export turnover gains over $1.4b in Jan-Feb

Hanoi’s export turnover in February reached $691.2 million, equalling to 95.5 percent from the previous month and up 59.1 percent over last February, of which, exports of local enterprises increased 49.7 percent year-on-year. Some export items reached high value such as agricultural products, apparel products, garment and textile and handicrafts. Thus, totally in Jan-Feb, the [...]

Vietnam’s export turnover to HK posted high growth in 2010

Ending 2010, Vietnam exported 23 types of commodities to Hong Kong market, earning $1.4 billion, accounting for 2 percent of the country’s export turnover, rising 41.59 percent against 2009′s, according to the General Statistical Office (GSO). In December 2010 alone, Vietnam’s export to Hong Kong fetched $153.5 million, down 2.37 percent month on month. In [...]

Feb 25: Vietnam gold firms, Dollar losses VND22,000 threshold

Local gold prices on February 28 stayed firm though global gold prices rose, dollar prices fell under VND22,000 threshold. As of 17:00 Hanoi time, Sacombank-SBJ gold as listed at VND37.59 million/tael and VND37.63 million/tael for bid and ask, respectively. Bid and ask of Thang Long gold bullion, a product of Bao Tin Minh Chau were [...]

Vietnam stocks fall on late selling, deepening the Feb loss – Feb 28

Vietnam’s stocks turned tails on the last minutes of the final trading session in February, deepening the month loss as investors off-loaded shares on macro issue concerns. The benchmark VN Index gave up 5.59 points or 1.19% to 461.37. Volume improved to 34.26 million shares traded for VND768.58 billion compared with 28.6 million shares traded [...]

Vietnam agro-forestry and seafood product +57.6% to 2.84Bln in Jan-Feb

Vietnam agro-forestry and seafood product is estimated to have increased by 57.6% from 2010 Vietnam agro-forestry and seafood product is estimated to have increased by 57.6% from 2010, the online newspaper Hanoimoi reported on December 27, citing the General Statistics Office of Vietnam (GSO). In detail, rubber export topped the list with an increase of [...]

Vietnam retail sales and service revenue expand 23.7% in Jan-Feb

Vietnam’s total retail sales and service revenue is estimated to have accelerated 23.7% on-year to VND304.34 trillion in the first two month of this year Vietnam’s total retail sales and service revenue is estimated to have accelerated 23.7% on-year to VND304.34 trillion in the first two month of this year, the state-run Nhandan reported on [...]

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