Export turnover by the agricultural sector in the first seven months of this year totalled US$10.13 billion, up 14.21 percent against the same period last year, according to the Ministry of Agriculture and Rural Development (MARD).
In the same period, this sector’s import turnover was US$7.52 billion, up 33.45 percent compared to last year.
As a result, [...]
The 8th Chinamac Fair 2010 is being held at the Saigon Exhibition & Convention Centre (SECC), in HCM City from July 28-31.
On display are machinery and equipment for the construction, transport, garments and textiles, chemicals and rubber plastics sector.
This is a good opportunity for Vietnamese businesses to learn about new technologies and seek out new [...]
Secretary General of the World Customs Organisation (WCO) Kunio Mikuriya has praised Vietnamese customs’ increasing role in international customs forums.
At the meeting with leaders from the Vietnam General Department of Customs in Hanoi on July 29, Mr Mikuriya pledged to help Vietnam’s customs gain access to advanced customs standards through WCO programmes.
During his visit, the [...]
Ninh Binh province will have to implement strict measures in order to boost its socio-economic development and fulfill its target of achieving a GDP growth rate of 18 percent.
This was emphasised by President Nguyen Minh Triet at a working session with Ninh Binh’s provincial leaders on July 29.
Despite the impact of the global economic downturn, [...]
In the draft of the first-ever master plan for the coffee industry, the country targets to ship abroad 1.16 million tons worth US$2.4 billion by 2020 by raising both quality and productivity of one of the country’s farm mainstays.
Hoang Quoc Tuan, head of the department of agriculture planning under the agriculture ministry, said in the [...]
Economists warned that by raising prices, domestic steel producers are paving the way for foreign-made steel products to flow into Vietnam.
After lowering prices four times in May and June 2010, domestic steel mills have raised prices again, by 200,000-700,000 dong per ton, since the start of July.
Southern Steel Corporation, belonging to the Vietnam Steel Corporation, [...]
Five years ago, the Club of Listed Organizations proposed the management agency to be allowed into the Association of Listed Organizations. However, the watchdog agency has kept silent to the proposal.
The club of listed organizations, which gathers companies and organizations that list their shares on the stock market, was established in 2005. However, just a [...]
Vietnam’s three hottest issues – inflation, trade deficits and budget overspending – have cooled. Appropriate financial policies helped, but the last months of 2010 may challenge this balance.
The July consumer price index (CPI) increased 0.06 percent over June, the lowest rise since April 2009, and the lowest for a July in the last seven years.
Because [...]
Experts believe that the key problem that makes formula prices sky high is that enterprises spend too much money on advertisements. Therefore, they think in order to ease formula prices, it is necessary to keep strict control over expenditures for advertisements.
Despite a lot of efforts, management agencies still have not found the proper way to [...]
The Ministry of Industry and Trade (MOIT) has allowed investors to increase the investment capital of Guang Lian Dung Quat steel project to $4.5 billion, thus raising the capacity to seven million tons per annum. The Vietnam Steel Association (VSA) has expressed its concern about the feasibility of the project.
In a reaction to the decision [...]
Subscribe in a Reader
World Business News
Subscribe via Email