Vietnam posts $2.5bn trade surplus in 2016, exports rise 9%: customs

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Báo Tuổi Trẻ English 8 month(s) ago

HANOI, Jan 17 — Vietnam posted a trade surplus of US$2.52 billion in 2016, reversing from a $3.55 billion deficit a year earlier, the customs department said today.

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Remittances support VN development

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Báo Dân Trí English 8 month(s) ago

The increasing quantity of remittances sent back home by overseas Vietnamese over the past few years has helped the country offset its trade deficit, reduce poverty and improve recipients’ living standards.

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Steel trade deficit nears $7 billion in 2016

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SaiGon GP English 9 month(s) ago

Vietnam spent over US$10.4 billion on importing steel products, which was the third largest import item of the country last year, reported the General Department of Vietnam Customs.

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Fresh laws take effect since January

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Báo điện tử CP English 9 month(s) ago 1 related news

VGP – The Civil Code and six amended laws on State Budget, Press, Pharmacy, Fees and Charges, Accounting, and amendments to Article 6 and Annex 4 of the Law on Investment took effect since January 1, 2017.

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Fresh laws take effect since January

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Báo Đầu Tư English 9 month(s) ago

The Civil Code and six amended laws on State Budget, Press, Pharmacy, Fees and Charges, Accounting, and amendments to Article 6 and Annex 4 of the Law on Investment took effect since January 1, 2017.

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Trade surplus reaches US$2.59 bln in 12 months

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Báo điện tử CP English 9 month(s) ago

VGP – Viet Nam ran a trade deficit of US$288 million in the first half of December 2016, however, it enjoyed a trade surplus of more than US$2.59 billion from early 2016 till December 15, according to the Viet Nam Customs.

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Another company joins PetroVietnam loss-making club

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Báo Tuổi Trẻ English 10 month(s) ago

A peek into the workings of numerous subsidiaries and affiliates under the umbrella of PetroVietnam, the country’s oil and gas giant, is quick to reveal more than a few operations running at a deficit.

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Export turnover of commodities achieve US$15.6 billion in Nov

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SaiGon GP English 10 month(s) ago

Export turnover of commodities in November is estimated to achieve US$15.6 billion, up 1.3 percent compared to October, said the General Statistic Office (GSO).

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11M State budget deficit at $7.6 billion

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Báo Dân Trí English 10 month(s) ago

The State budget deficit in the first eleven months of this year stood at VND172.9 trillion ($7.6 billion), according to the latest figures from the General Statistics Office (GSO).

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Vietnam faces big deficit in HIV/AIDS funding

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Báo Dân Trí English 10 month(s) ago

Vietnam will face a huge budget deficit in health services for people with HIV/AIDS in the next five years, an official from the HIV/AIDS Prevention Agency, Duong Thuy Anh, said at a conference on insurance payments for ARV therapy on November 28.

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VN enjoys trade surplus of nearly US$4 bln in 10 months

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Báo điện tử CP English 11 month(s) ago 2 related news

VGP – Viet Nam’s total trade value in the first ten months reached US$144.1 billion, a year-on-year increase of 7.2%, according to the Ministry of Planning and Investment.

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Trade deficit indicates Vietnam lacks competitiveness

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Báo Dân Trí English 11 month(s) ago

Commercial trade with ASEAN is a microcosm of the challenges facing the Vietnamese domestic sector globally.

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Portugal keeps access to EU financial help

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Báo Đầu Tư English 11 month(s) ago

LISBON: Portugal kept its much-needed access to EU financial help on Friday (Oct 21) after a European Central Bank-approved credit agency maintained its rating of Portuguese debt at investment grade level.

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HSBC revises GDP growth downwards

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Báo Dân Trí English 12 month(s) ago

HSBC pared back its forecasts for Vietnam’s GDP growth this year to 6.2 per cent from 6.3 per cent and to 6.5 per cent from 6.6 per cent in 2017 in its latest Asian Economics report.

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VN runs trade surplus in first nine months

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Báo điện tử CP English 12 month(s) ago 4 related news

VGP – Viet Nam enjoys a trade surplus of US$ 2.76 billion in the first nine months, the General Statistics Office (GSO) reported.

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