News
Chinese steel may flood Vietnam market
After the strong depreciation of the Chinese yuan, steel industry insiders have warned local steel producers that Chinese steel products could flood the Vietnamese market, causing difficulties for them. Vice-Chairman of the Vietnam Steel Association Nguyen Van Sua said although in recent years, the local steel ...
Vietnam's garment firms look to Europe
Enterprises from Hanoi hope to find more business opportunities in the textile, garment and footwear industries in Eastern European countries in the future. At a seminar on encouraging trade between Hanoi and the Czech Republic held in Prague on 20 August, Le Hong Thang, director of ...
Mekong in need of more infrastructure
The Cuu Long (Mekong) Delta must plan for future economic growth by investing more in infrastructure, Deputy Prime Minister Vu Van Ninh has said. Speaking at a conference on 21 August in Can Tho City, Ninh said that officials had set the annual GDP growth target at ...
Vietnam enjoys strong export growth in UAE
Vietnam’s exports to the United Arab Emirates (UAE) hit 3.463 billion USD in the first seven months of this year, up 23.37 percent year on year, reported Nhan dan (People) daily. Keep reading ...
Vietnam exports over 500,000 tonnes of rice to Africa
The volume of Vietnam’s rice export to African markets in the first seven months of this year rose by 52% in the comparison to the same period last year. Keep reading ...
Vietnam's CPI expected to drop slightly in August
Vietnam’s consumer price index (CPI), the main gauge of inflation, is expected to drop slightly by 0.07 percent in August, compared to the previous month, said the country’s General Statistics Office on 24 August. Keep reading ...
Vietnam affirms close cooperation in transport with Laos, Cambodia
The transport ministries of Vietnam and Laos have affirmed close cooperation in all aspects of the transport sector at an annual bilateral ministerial meeting in Hanoi on 22 August. They agreed to promote transport infrastructure connectivity between the two countries. On the same day, Vietnam and Cambodia ...
Rethink on prostitution: Officials say Vietnam needs legal red-light districts
Social affairs officials at a national meeting on 21 August said the government should legalize prostitution and create red-light districts in major cities to monitor the sex industry more effectively. Officials at the meeting held by the Ministry of Labor, Invalids and Social Affairs in Ho Chi ...
Vietnamese keep off vegetables on pesticide fears
Vietnamese are consuming too much starch and sugar and only half the amount of daily vegetables recommended, partly because of worries about pesticides, experts said. A recent survey by the National Institute of Nutrition found a person in Vietnam consumes 200 grams of vegetables on average ...
Vietnam stocks plunge as bank concerns trigger sharp sell-off
Vietnam’s stocks just had a rough week after bad news kept hitting the markets, prompting many investors to dump a large number of bank shares amid a broad sell-off. The benchmark VN-Index dropped to 556.30 at the 3 p.m. close on 21 August, shedding nearly 17 ...
