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A deputy chairman of the National Assembly’s Economic Committee says the two percent devaluation was correct, but must be followed by measures to lower interest rates VnnNews – A deputy chairman of the National Assembly’s Economic Committee says the State Bank of Vietnam’s two percent devaluation was correct, but must...

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A deputy chairman of the National Assembly’s Economic Committee says the two percent devaluation was correct, but must be followed by measures to lower interest rates VnnNews – A deputy chairman of the National Assembly’s Economic Committee says the State Bank of Vietnam’s two percent devaluation was correct, but must...

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With many high capacity cement plants, the cement supply in Vietnam has far exceeded the domestic demand. VnnNews – With many high capacity cement plants, the cement supply in Vietnam has far exceeded the domestic demand. Cement producers have tried to boost exports to ease overproduction, but this is not an easy task.    Prices...

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Seafood export values to increase; Quang Ngai province welcomes more investors; Credit growth nears 13 percent    Seafood export values to increase < />   The total export value of seafood is expected to increase by 13.4 percent to 4.8 billion USD this year, the Ministry of Agriculture and Rural Development’s...

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VietNamNet Bridge – Steel pipe manufacturers in Vietnam are trying to export steel pipe products to the US. VietNamNet Bridge – Steel pipe manufacturers in Vietnam are trying to export steel pipe products to the US. However, in the first period of “conquering” the US market, turnover is not the most important factor...

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Many Vietnamese enterprises still cannot take full advantages of the low tariffs in FTA to boost exports to other markets. VnnNews – Since the beginning of the year, a lot of bilateral and multilateral free trade agreements (FTA) between Vietnam and other countries have taken effect. However, many Vietnamese enterprises still cannot...

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Indian firm interested in BP’s Vietnamese asset sales; Life insurance market lifts in first half; Wire exports set to increase Indian firm interested in BP’s Vietnamese asset sales< />   India’s National Oil and Natural Gas Corporation (ONGC) voiced its interest to buy BP’s Vietnamese assets after the...

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40 million people pay respect to President Ho; Child drownings ‘an urgent matter’; Hanoi schools to take in ASEAN information; Vietnam, Sweden discuss gender equality 40 million people pay respect to President Ho As many as 40 million people, including 7 million foreigners, paid tribute to President Ho Chi Minh...

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VnnNews – The dollar purchase prices quoted by commercial banks now tend to increase VnnNews – The dollar purchase prices quoted by commercial banks now tend to increase, though the sales prices remain at ceiling levels. Businesses complain that they meet difficulties when trying to buy dollars.   Shipping companies refuse...

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VnnNews – Exporters are complaining that they cannot access bank loans. . . VnnNews – Exporters are complaining that they cannot access bank loans, because of which they have missed opportunities to purchase materials at low prices and may also miss chances to earn high profit when export prices increases.   Lack of investment...

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