Weakening purchasing power discouraging sales, stock clearing effort

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Báo Tuổi Trẻ English 6 hour(s) ago

Weakening purchasing power discouraging sales, stock clearing effort

Nguyen Thanh Phung, an employees in the sales department of a firm based in Ho Chi Minh City’s Tan Binh District, told Tuoi Tre that she has had to tighten spending because her company is in trouble, thus affecting her income.

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Domestic rice exports continue to rise

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VietnamPlus English 1 day(s) ago 2 related news

Vietnam targets exporting 2.2 million tonnes of rice in the second quarter of the year, which would raise the total export volume for the first six months to 3.65 million tonnes, according to the Vietnam Food Association (VFA).

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NA tells Gov’t to prioritize growth

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SaigonTimes English 2 day(s) ago

HANOI – The National Assembly (NA) asked the Government to aim its policies at stimulating growth, while NA Chairman Nguyen Sinh Hung told the NA to join forces with the Government to ride out the tough times.

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Socio-economic situation under review

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VOV News English 3 day(s) ago 2 related news

Socio-economic situation under review

(VOV) - In a total of 15 socio-economic targets set for 2012, 11 were achieved or surpassed, according to a Government report released at the fifth session of the National Assembly (NA) in Hanoi on May 20.

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Japan, Vietnam promote water environment management

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VOV News English 3 day(s) ago 1 related news

Japan, Vietnam promote water environment management

(VOV) -A Japanese-funded project on strengthening Vietnam’s water environment management capacity has proved efficient, contributing to the country’s environmental protection.

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Sugar inventory remains high

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SaiGon GP English 3 day(s) ago

Sugar plants across the country have produced nearly 1.5 million tons of sugar, up 150,000 tons compared to the previous crop, leaving sugar inventory at about 580,000 tons.

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Officials question housing inventory surge

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Báo Thanh Niên English 1 week(s) ago

Officials question housing inventory surge

New statistics show that real estate inventory rose sharply over the first quarter despite a lag in new projects, but officials suggest that last year’s stats may have ignored unfinished units while this year’s included all planned housing.

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First-quarter earnings disappoint KBC investors

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VietNam News English 1 week(s) ago

More than a million Kinh Bac City Development Corp (KBC) shares were exchanged every day for over a week, bringing investors hope of a positive business result in the first quarter.

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Can the home market bounce back?

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Báo Đầu Tư English 1 week(s) ago

Can the home market bounce back?

Many Asian property markets have made spectacular recoveries since global economic troubles struck. The multimillion dollar question is, can Vietnam follow in their footsteps, writes Marc Townsend, CBRE Vietnam managing director.

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Steel industry shows mettle

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VietNam News English 1 week(s) ago 1 duplicate news

Steel industry shows mettle

The steel industry has shown signs of recovery as both inventory and imports decreased in the first four months of the year, according to the Viet Nam Steel Association (VSA).

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Sugar surplus deals bitter blow to traders

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VietNam News English 1 week(s) ago

Sugar surplus deals bitter blow to traders

The local sugar inventory has snowballed to a record high of over 600,000 tonnes, according to Chairman of Viet Nam Sugar and Sugarcane Association (VSSA) Nguyen Thanh Long.

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Demand for summer-autumn rice crop in jeopardy

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SaiGon GP English 2 week(s) ago

Demand for summer-autumn rice crop in jeopardy

Millions of households in the Mekong Delta fear that fall in price and exports, along with high inventory, will jeopardize the demand for their summer-autumn rice crop, currently beginning to be harvested.

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Vietnam fears millions of tons of rice unsalable on the world’s low demand

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VietnamNet English 2 week(s) ago

Vietnam fears millions of tons of rice unsalable on the world’s low demand

VietNamNet Bridge – Vietnam’s rice exports have got stuck with the high inventory of 2 million tons of winter-spring rice by the end of the second quarter. Meanwhile, it is going to harvest 3.5 million tons of the summer-autumn rice.

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Economic recovery hampered by exhausted firms

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SaigonTimes English 2 week(s) ago

HANOI – The rising number of exhausted businesses will hinder the economy from recovering its growth next year, said the National Financial Supervisory Committee.

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Rice exports target reducing inventory in May, June

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SaiGon GP English 2 week(s) ago 1 related news

Rice exports target reducing inventory in May, June

Truong Thanh Phong, chairman of Vietnam Food Association, said that rice exports must reach 1.5 million tons in May and June to clear stocks, before purchase of summer-autumn rice crop begins for stockpiling.

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