Vietnam-US trade surges in Q1

During the first quarter this year, the US-Vietnam bilateral trade remained at a high growth with 16.5 percent year-on-year growth in total export-import turnover, of which, export growth at 12.3 percent and import growth at 36 percent, according to the Vietnam Commercial Affair in the US. Particularly, the US-Vietnam two-way trade in Q1 reached over [...]

Vietnam’s export to Poland fetches $49.7m in Q1

Vietnam’s goods export turnover to Poland in March reached $16.5 million, up 15 percent from previous month and 11.2 percent rise against last March, bringing the total figure in Q1 to $49.7 million, rising 17.4 percent over the same period last year and making up 0.34 percent of the country’s total export turnover in Q1, [...]

Business and stock briefs May 31

* Hanoi Stock Exchange (HNX) announced on May 27 to approve for Sam Cuong Material Electric and Telecom Joint Stock Co to list 2.5 million shares on the northern bourse under the share code of SMT. * The State Securities Commission (SSC) issued Decision No 574/UBCK-GCN on May 27 about approving Cement Finance Joint Stock [...]

Stock market ends May with tumbles

Vietnam’s stock market today closed May with tumbles on both bourses Hochiminh Stock Exchange (STC) and Hanoi Stock Exchange (HNX). Particularly, in the opening stage, the VN Index slipped 2.83 points or 0.55 percent to 510.18 pts with the total trading volume of 4.5 million shares worth over 138 billion dong. In the following phase, [...]

Nearly 4.46tr dong to build Ban Mong water reservoir

A project to build Ban Mong water reservoir was started construction in Yen Hop commune, Quy Hop district in the central province of Nghe An yesterday May 30 by Agriculture & Irrigation Mechanisation and Electrification Corp (Agrimeco). The project has total investment of nearly 4.46 trillion dong including nearly 3.8 trillion dong from the state [...]

Plastic industry growth expected at 15pct/year

At Vietnam Manufacturing Expo and Nepcon Vietnam 2010 held last weekend, Ho Dac Lam, vice president of Vietnam Plastic Association expected that the country’s plastic industry growth will be kept stable at 15 percent pa. He reported that up to 80 percent of plastic produced in Vietnam is for domestic consumption. Majority of plastic materials [...]

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