Southern provinces record significant trade growth

Southern provinces record significant trade growth

NDO – Southern localities are striving to achieve the total retail sales of goods and services in 2017 of over VND2 trillion, up 11.51% compared to 2016, with total exports reaching almost US$105 billion, up 11.6%.  (Aug 05, 2017)

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Vietnam hopes to become EU’s largest trade partner in ASEAN

  Jul 31, 2017
NDO/VNA – Vietnam is expected to become the EU’s largest trade partner in the Association of Southeast Asian Nations (ASEAN), once the EU-Vietnam Free Trade Agreement (EVFTA) comes into effect in 2018, according to the Minister of Industry and Trade Tran Tuan Anh.  

Vietnam’s exports still going strong despite US protectionism

  Jul 30, 2017
NDO - There are concerns that Vietnam’s exports to the US could be hurt by the growing US protectionism, its withdrawal from the TPP trade deal and Vietnam’s inclusion on a list of countries with which the US runs a trade deficit. However, thus far Vietnam’s exports to the US have remained strong. 

Vietnam’s trade deficit estimated at US$3.1 billion in seven months

  Jul 30, 2017
NDO - Vietnam’s merchandise trade deficit widened to an estimated US$3.1 billion in the first seven months of 2017, equivalent to 2.7% of exports, according to the latest data released by the General Statistics Office (GSO).  

CPI increases 0.11% in July

  Jul 29, 2017
NDO –The national consumer price index (CPI) in July rose by 0.11% compared to the previous month, the lowest increase in the July CPI over the past five years, according to the General Statistics Office (GSO).  

HCMC budget revenue rises due to recovery from business activities

  Jul 29, 2017
NDO – Ho Chi Minh City posted a total budget revenue of approximately VND188 trillion (US$8.3 billion) in January-July this year, including domestic revenue of VND130 trillion (US$5.72 billion), up 16% compared to the same period last year.  

Exports of aquatic products estimated at US$4.3 billion

  Jul 28, 2017
NDO/VNA - Vietnam’s export turnover of aquatic products was estimated at US$727 million in July, raising the total in the first seven months of this year to US$4.3 billion, up 17.5% annually, reported the Ministry of Agriculture and Rural Development. 

High-quality manpower needed for electricity market

  Jul 27, 2017
NDO/VNA – A large number of high-quality personnel will be required to meet the growing demand of the competitive generation market and the competitive wholesale electricity market in the near future, according to the National Load Despatch Centre (NLDC).  

FDI over past 7 months rises by 5.8%

  Jul 27, 2017
NDO - Disbursed foreign direct investment in 2017 was estimated at US$9.05 billion as of July 20, up 5.8% over the same period last year, according to the report of Foreign Investment Agency under the Ministry of Planning and Investment. 

Vietnam, Algeria seek to boost economic cooperation

  Jul 27, 2017
NDO – The Vietnamese Embassy in Algeria and the Chamber of Commerce and Industry, of Algeria’s northeastern province of Annaba, recently held a workshop to discuss the trade cooperation links between the two countries. 

HCM City, Lotte group seal deal to build Eco Smart City

  Jul 26, 2017
NDO/VNA – Representatives from Ho Chi Minh City’s authorities and a Lotte Group joint venture signed a contract on the construction of the Eco Smart City in new Thu Thiem urban area on July 25. 

PM criticises 13 ministries, localities for slow disbursement of public investment

  Jul 25, 2017
NDO - Minister and Chairman of the Government Office Mai Tien Dung conveyed the Prime Minister's criticism of ministers and chairmen from People's Committees of 13 ministries and provinces in relation to the slow disbursement of public investment in 2017.  

Vietnam’s foreign reserves reach over US$42 billion

  Jul 24, 2017
NDO - Vietnam’s foreign reserves continued to increase in the first half of 2017, reaching over US$42 billion, according to Governor of the State Bank of Vietnam Le Minh Hung. 

Credit growth reported at 9.06% in six months

  Jul 22, 2017
NDO/VNA - Vietnam posted a credit growth rate of 9.06% as of June 30 compared to the end of last year, which did not put pressure on interest rates, Governor of the State Bank of Vietnam (SBV) Le Minh Hung said on July 21.  

Ben Tre asked to develop climate-resilient economic programme

  Jul 21, 2017
NDO - Prime Minister Nguyen Xuan Phuc has urged the southern province of Ben Tre to formulate an economic development programme adaptable to climate change in order to translate risks into opportunities.