Business

The Vietnamese tea - the cheapest one in the world
27/08/2012 09:55
Clean tea cannot compete with dirty one In an effort to improve the tea quality, many tea cooperatives in Vietnam have been following international production processes in making tea, such as VietGap and UZT. However, they have failed to increase the value of the Vietnamese tea products...
Vietnam’s growth goes down 5 % this year
25/08/2012 02:16
A series of fuel price hikes and floundering credit growth inspired economists to speculate that Vietnam ’s economy will only expand by around 5 percent this year. Vo Tri Thanh, deputy head of the Central Institute for Economic Management, a government think-tank, said the economy...
Vietnam ranked No1 about exporting coffee
24/08/2012 06:58
The Southeast Asian economy shipped 14,325,000 bags abroad in the first six months of this year, 13.63 percent more than Brazil, said the ICO. Despite a 23.15 percent drop in June, Vietnam retained its leading position for the fifth consecutive month, with 2,075,000 bags delivered...
Vietnam’s small change won't appear for goods
23/08/2012 09:47
Vietnamese notes and coins below VND5,000 (US$0.24) in value could die out in the market since price hikes make it hard for people to keep and use them in trading, an economist says. Goods now fetch high prices, so trading with small change has fallen, Vu Dinh Anh told VnExpress Tuesday....
Vietnam’s economy recovers with gloomy outlook
22/08/2012 06:46
The survey was based on questionnaires from the 500 largest Vietnamese enterprises (VNR500), the top 1000 income tax payers, and the 500 fastest-growing businesses in Vietnam . Most businesses surveyed expressed pessimism about Vietnam’s economic prospects in 2013 although the...
Vietnam - Ukraine increase trade ties
14/08/2012 10:04
The MoIT says Ukraine is an emerging market with a high and diverse consumer demand, but Vietnamese enterprises have failed to capitalise on this potential market.� Enterprises should actively promote trade with Ukraine to gain further access to this market in the future, the ministry...
Challenges in economic growth
14/08/2012 09:58
Many challenges remain However, the National Financial Supervisory Commission (NFSC) says, the aggregate supply and demand remains unsteady. The Index of Industrial Production (IIP) in the past seven months increased by 4.8 percent, about half the 8.8 percent growth recorded in the...