Business

National economy grows by 4.89pct in Q1
26/03/2013 12:41
The Ministry of Planning and Investment (MPI) reported on March 26 that agro-forestry and fisheries obtained a growth rate of 2.24 percent, industries 4.95 percent, construction 4.79 percent, and services 5.65 percent. In March alone, the industrial production index (IPI) rose 31.9 percent...
Shares lack momentum, fluctuations to continue
25/03/2013 02:53
"Although the establishment of the corporation will not immediately have good effects on the economy, it is one of the big steps in the process of settling bad debts and this can create a boost for investor psychology in the short term," said PetroVietnam Securities Co analyst Dao Hong Duong....
The businesses which pay $900 a month to workers
25/03/2013 02:51
According to the Governor of the State Bank of Vietnam--Nguyen Van Binh, the banks’ profit decreased by 20 percent in 2012 in comparison with the year before. Especially, the 6 listed commercial banks reported the sharp fall of $28 percent. However, despite the decreases, banks are...
Gold market to have new big supply
25/03/2013 02:48
In an official statement released on March 20, the State Bank affirmed that SJC has been officially assigned the task of make bullion gold. With the SJC’s capacity of 80,000 taels (3 tons) per day, the supply would exceed the demand in a short time, which would help narrow the gap...
Ha Noi to foster production growth
23/03/2013 05:44
The new standing board would hold its first meeting next month, said chairman of the Ha Noi People’s Committee Nguyen The Thao at a conference held in the capital yesterday. Addressing the conference on measures to boost business growth, Thao said that the�municipalauthorities would...
Fishery sector aims for stronger capacity
23/03/2013 05:35
Fishery control force to protect national sovereignty, fishermen Fishery sector faces obstacles for the rest of 2012 Fishery sector enjoys fruitful development At a workshop held recently in Hanoi, delegates agreed that Vietnam has the ability to provide a stable supply of�premium�sea cooking...
Trade surplus reaches $700m
22/03/2013 04:57
The country’s export value in the period hit $24.5 billion, up 23 per cent over the same period last year while import value surged 17.9 per cent to nearly $23.8 billion. During the first two weeks of March, exports such as�precious stones�and jewelry, textiles and garments, mobile...