Hanoi Gift Show boosts export opportunities for craft products

Hanoi Gift Show boosts export opportunities for craft products

NDO – The 2017 Hanoi Gift Show, taking place in Hanoi from October 17 to 20, is expected to provide a good opportunity to promote the export of handicrafts and ethnic items from craft villages in Hanoi and other craft villages nationwide. (19 hours ago)

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Standard Chartered Bank raises GDP forecast

  Oct 08, 2017
NDO/VNA – Standard Chartered Bank (SCB) has increased its forecast for Vietnam’s GDP growth rate for the whole year to 6.8%, higher than the Government’s set target of 6.7%.  

Vietnam interested in joining global supply chains

  Oct 06, 2017
NDO/VNA - Vietnam is interested in joining the global supply chain and management governance, which is considered as an effective tool for businesses to control the market, build up confidence among customers and increase profits and connectivity with global partners, stated a trade official.  

National financial commission sets 2017 projected GDP growth at over 6.7%

  Oct 06, 2017
NDO – The growth rate for the fourth quarter of this year will be around 7.5-7.7% and the GDP for the whole year of 2017 may reach over 6.7%, the National Financial Supervisory Commission (NFSC) has forecast. 

Vietnam, Germany cooperate in vocational training for farmers

  Oct 05, 2017
NDO/VNA – The outcomes of a cooperation project on vocational training between the Vietnam Farmers’ Union (VFU) and the German Farmers’ Union (DBV) were reviewed at a seminar in Hanoi on October 5.  

Vietnam-EAEU FTA gives a boost to economic, trade ties

  Oct 05, 2017
NDO/VNA – The Vietnam-Eurasian Economic Union Free Trade Agreement (VN-EAEU FTA) has created a strong momentum for economic and trade ties among the signatories, said EAEU diplomats.  

State budget collection reaches 70% of estimate during Jan-Sept

  Oct 05, 2017
NDO – Total state budget revenue in the first nine months this year reached VND843 trillion (US$37.1 billion), equal to 69.5% of the estimate and up 13.9% over the same period last year, announced the Ministry of Finance (MOF).  

HSBC raises economic growth forecast for Vietnam

  Oct 05, 2017
NDO - The Hong Kong and Shanghai Banking Corporation (HSBC) has raised its GDP growth forecast for Vietnam from 6.0% to 6.6%, for the whole 2017, and has predicted a 6.4% growth rate in 2018.  

Ensuring safety and sustainability of public finance sector

  Oct 05, 2017
NDO – In recent years Vietnam’s public finance (PF) sector has been innovative and has contributed positively to national economic development. However, the sector also faces a range of challenges, such as the scale of State budget revenue decreasing rapidly compared to the GDP, unreasonable revenue structure, an increase in the demand for spending and exceeding the ability to balance resources, in addition to a rapidly increasing public debt and debt repayment obligations. All the risks make the task of ensuring the PF structure safe and sustainable an urgent need.  

Can Tho exports rice to Iran for the first time

  Oct 05, 2017
NDO – The southern Mekong Delta city of Can Tho and its Iranian partner have reached a deal to export 100,000 tonnes of Can Tho rice to the Middle Eastern country. 

Vietnam, Malaysia seek to increase value of agricultural products

  Oct 04, 2017
NDO – Vietnam and Malaysia’s agricultural minsters met to discuss measures to facilitate their potential for cooperation, exploit advantages, and create favourable conditions for the promotion of agricultural products from both sides.  

Vietnam’s growth remains resilient in 2017: World Bank

  Oct 04, 2017
NDO - The World Bank has kept its 2017 growth forecast for Vietnam unchanged, at 6.3%, stating that the economy continues to be driven by export-oriented manufacturing and robust domestic demand. 

VAMC to reclaim VND35-40 trillion in bad debt in 2017

  Oct 04, 2017
NDO – The Vietnam Asset Management Company (VAMC) has reclaimed over VND25 trillion (US$1.1 billion) of bad debts from credit institutions since the beginning of 2017, raising the total of bad debt it has collected to over VND260 trillion (US$11.44 billion). 

WB, Vietnam publish joint Vietnam Public Expenditure Review

  Oct 04, 2017
NDO/VNA – The World Bank and the Government of Vietnam on October 3 launched a joint report titled “Vietnam Public Expenditure Review (PER): Fiscal Policies towards Sustainability, Efficiency, and Equity.” 

Retail and consumer services up 10.5% in first nine months

  Oct 03, 2017
NDO – The value of retail sales and consumer services was estimated at VND2,917 trillion (US$128 billion) in the first nine months of 2017, up 10.5% over the same period last year, according to the General Statistics Office.