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 [...]

Vietnam state budget deficit estimated at VND126.6Tln in 2011

Vietnam state budget deficit is estimated to amount to VND126.6 trillion or 5.3% of the country’s gross domestic product (GDP) in 2011 Vietnam state budget deficit is estimated to amount to VND126.6 trillion or 5.3% of the country’s gross domestic product (GDP) in 2011, the online newspaper DVT reported on February 26,citing the Ministry of [...]

Fertiliser exports set to spike

Vietnam will possibly export urea fertiliser amid extensively expanded domestic production. Vietnam National Chemical Group (Vinachem) deputy general director Ninh Binh Fertiliser Project Management Board Chu Van Tuan said the construction of the Ninh Binh urea fertiliser plant would be completed on schedule in November 2011, after 42 months of construction. With an annual production [...]

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