Economy
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Wood exports surge 17.1 percent in Q1
Vietnam’s exports of wood and wooden products in the first quarter of this yearhit 1.78 billion USD, a year-on-year increase of 17.1 percent, the General Department of Vietnam Customs reported.
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Schneider Electric inaugurates 45 million USD factory in Ho Chi Minh City
Schneider Electric, the global specialist in energy management and automation, has inaugurated its 45 million USD manufacturing plant in Ho Chi Minh City’s Sai Gon Hi-tech Park.
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Over 92 percent of Vietnam’s rice export in Q1 under firms’ deals
More than 92 percent of Vietnam’s rice exports in the first three months of the year was under trade deals of businesses, according to the latest report of the Vietnam Food Association (VFA).
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SCIC targets 7.34 trillion VND in post-tax profit in 2017
The State Capital Investment Corporation (SCIC) has announced that in the first quarter of 2017, it recorded 639 billion VND (28.1 million USD) in revenue, 584 billion VND (25.7 million USD) in pre-ta
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Bargain hunting boosts local stocks
Shares rebounded on April 18 as bargain hunting increased on investor expectation that the market will get back on the track soon.
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Binh Dinh targets 4.5 billion USD in exports in five years
The central province of Binh Dinh aims to earn more than 4.5 billion USD in export revenue between 2016 and 2020, according to Chairman of the provincial People’s Committee Phan Cao Thang.
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Steel industry to grow, export pressures high
The steel industry is expected to maintain its recent double-digit growth this year, helped by the recovery of the property market, but it will also face the pressure of trade defense instruments in i
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Sri Lankan Prime Minister urges serious efforts to achieve 1 billion USD trade value
Sri Lankan Prime Minister Ranil Wickremesinghe called for serious efforts to be made to raise two-way trade value to 1 billion USD during a Vietnam-Sri Lanka investment forum held in Hanoi on April 18
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Vietnam cooperative to export mangoes to Australia
The Suoi Lon Mango Cooperative in the southern province of Dong Nai will export its first batch of mangoes to Australia soon, said Director Nguyen The Bao.
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Indian cars flood Vietnam market
Vietnam imported nearly 4,800 Indian cars in the first quarter of this year, increasing more than threefold compared with the same period last year, according to the Vietnam Customs.
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Plan to develop shrimp industry submitted
The Ministry of Agriculture and Rural Development (MARD) has submitted to the Prime Minister a national action plan for the development of the shrimp industry through 2025.
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SME fund fails to meet lending target
Though the Small and Medium Enterprise (SME) Development Fund was established a year ago, so far only three firms have got loans from it, fund director Hoang Thi Hong said.