Business highlights – November 28-December 4

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Báo điện tử CP English 2 day(s) ago

VGP - SMEs being urged to join global supply chain, Viet Nam jumping 14 places in global enabling trade index, food price hike leading to CPI surge, industrial production index increasing 7.3% and the agro-forestry-fishery sector gaining nearly US$ 7 billion trade surplus are economic highlights from November 28-December 4.

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VN, NZ agree to lift trade volume to US$1.7 billion by 2020

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Báo điện tử CP English 4 day(s) ago 1 related news

VGP – Deputy PM, FM Pham Binh Minh and New Zealander have agreed to lift up the two-way trade volume to US$1.7 billion by 2020.

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Fruit export revenue reaches US$2.178 bln

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SaiGon GP English 11 hour(s) ago

The Ministry of Agriculture and Rural Development yesterday announced fruit export value reached US$186 million in November only, bringing total export turnover to US$2.178 billion in 11 months.

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Petrol price reaches 74 US cents per liter

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SaiGon GP English 12 hour(s) ago

The domestic retail price of petroleum increased by VND 304 to reach VND 16,675 (74 US cents) per litre as of 7pm yesterday, the Ministry of Industry and Trade (MoIT) said.The price of E5 RON 92 biofuel also rose by VND 301 to VND 16,522 per litre. The prices of diesel and kerosene went up by VND 163 and VND 244 to VND 12,672 and VND 11,290 per litre, respectively. The price of mazut was VND 9,962 per kg, an...

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Nearly US$ 400 million for climate change response

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Báo điện tử CP English 2 day(s) ago 1 related news

VGP – Nine out of the 13 Mekong Delta provinces will get a package of US$ 384 million for climate change response.

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HCM City plans to spend US$1.8 billion for new rural area

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Báo Đầu Tư English 1 day(s) ago

During the 2016-2020 period, HCM City will use VNĐ16.4 trillion (US$735 million) from the State budget, along with VNĐ24.2 trillion ($1.07 billion) from other financial resources to invest in phase 2 of a new rural area programme.

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Foreign loans reach $5.13 billion within 11 months

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SaiGon GP English 1 day(s) ago

Vietnam signed two agreements to gain US$244.42 million foreign loans in November, taking the total number to 34 agreements and $5.13 billion of loans for the last 11 months, reported the Ministry of Finance.

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Export import turnover reaches $300 billion

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SaiGon GP English 1 day(s) ago

The export import turnover of Vietnam hit US$300 billion by mid November this year, up 5.3 percent equivalent to $15 billion over the same period last year, reported the General Department of Vietnam Customs.

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Vietnam’s government debt rises by over $17bn in 11 months

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Báo Tuổi Trẻ English 2 day(s) ago

Vietnam’s government has borrowed a total of nearly VND400 trillion (US$17.86 billion) from both domestic and foreign sources in the Jan-Nov period of this year, the Ministry of Finance said in a recent report.

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Flooding results in temporary suspension of railway services for residents: report

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SaiGon GP English 2 day(s) ago

North Korea has implemented a temporary suspension of railway transportation for its residents in the wake of its worst-ever flooding that has caused havoc in the North's railway system, U.S.-based media reported Monday, source from the Yonhap.

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It’s not cold...pfft!

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Báo Tuổi Trẻ English 2 day(s) ago

I’m comforted at this time of year by the trustworthy weather reports of Da Nang’s most famous weatherman, Kit Davidson. Funny yet informative, Kit has a reassuring knack of telling us the weather won’t be terrible for long. Even if the gale outside threatens to smash my garden to pieces, his cheerful analysis of the weather is some of my favorite Facebook reading.

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Outlook for Asian steel industry is negative for 2017

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Báo Dân Trí English 3 day(s) ago

The outlook for the Asian steel industry for 2017 has been lowered to negative says US Moody’s Investors Service in a new report, as global prices of steel collapse across all grades and utilization weakens.

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HCMC invests $1.79 billion in developing rural areas in 2016-2020

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SaiGon GP English 3 day(s) ago

Ho Chi Minh City will invest VND40,600 billion (US$1.79 billion) to improve norms in the New Rural Development Program and increase income for rural citizens in the phase of 2016-2020, reported the program’s Coordination Office.

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Multi-billion dollar power complex steps closer to becoming reality

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Báo Đầu Tư English 4 day(s) ago

The US’ ExxonMobil Corporation is eager to exploit Ca Voi Xanh (Blue Whale) gas field stretching across the central provinces of Quang Nam and Quang Ngai to serve the power and petrochemical industries.

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Philippines' Duterte gets Trump White House invite during 'animated' call

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Báo Dân Trí English 4 day(s) ago 1 related news

U.S. President-elect Donald Trump invited Philippines leader Rodrigo Duterte to the White House next year during a "very engaging, animated" phone conversation, a Duterte aide said on Friday, amid rocky relations between their two countries.

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