Economy
-
Garment-textile businesses seek to penetrate Russia
With demand to import more than 10 billion USD worth of apparel products each year, Russia is a market with potential for Vietnamese garment-textile businesses.
-
Sabeco reports 18 percent rise in profit
Saigon Beer, Alcohol and Beverage Corporation (Sabeco) announced its net profit in the first quarter of 2017 rose 18.8 percent year-on-year to 1.12 trillion VND (49.78 million USD).
-
Fruit, vegetable exports hit 1 billion USD in 4 months
Fruit and vegetable exports earned an estimated 1 billion USD in the first four months of 2017, up 32.6 percent from the same period last year.
-
Retail sales, services revenue up 6.7 percent in four months
The country’s total retail sales and services revenue reached 1,267.9 trillion VND (56.7 billion USD) in the first four months of this year, a year on year increase of 6.7 percent.
-
Fishery output exceeds 1 million tonnes in four months
Vietnam’s fishery output in the first four months of this year exceeded 1 million tonnes, up 5.7 percent year-on-year thanks to favourable weather, according to the Ministry of Agriculture and Rural D
-
Gov’t offers HCM City financial incentives to develop infrastructure
The Government has issued a decree offering HCM City special financial and budgetary policies and incentives in an aim to improve its infrastructure.
-
Dong Nai earns over 5.2 billion USD in export in four months
The southern province of Dong Nai shipped 5.2 billion USD worth of goods abroad in the period from January-April, up 12.8 percent from the same period last year.
-
SSI to issue bonds worth 300 billion VND again
Saigon Securities Incorporation (SSI) has decided to issue bonds worth 300 billion VND (13.3 million USD) to financial and credit institutions.
-
Saigon Co.op retailer expands market share
The Saigon Union of Trading Co-operatives (Saigon Co.op) is affirming its status as Vietnam’s leading retailer by opening additional 8-10 Co.opMart supermarkets this year.
-
Quang Ninh’s exports increase by 5 percent in Q1
Total export turnover of the northern province of Quang Ninh hit 461.3 million USD in the first four months of 2017, making up 28 percent of the yearly plan and up 5.3 percent from a year ago, accordi
-
Tra Vinh attracts additional projects
The southern province of Tra Vinh granted licenses to eight projects in April, including seven domestic ones worth more than 327 billion VND (14.2 million USD) and one foreign-invested worth 3 million
-
VNR proposes 308 mln USD in fund for railway renovation
The Vietnam Railway Corporation (VNR) has asked the Ministry of Transport for 7 trillion VND (308.2 million USD) in Government bonds to renovate the Hanoi – HCM City rail system from 2017 – 2020.
