HCM City encourages investment in industrial zones

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VietnamPlus English 6 hour(s) ago 1 related news

Chairman of the Ho Chi Minh City People’s Committee Le Hoang Quan has asked management boards of industrial and export processing zones to grasp opportunities when a new investment wave is expected to come in the time to come, the Saigon Giai Phong (Saigon Liberated) online newspaper reported.

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Electronics firms see huge opportunities for success

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VietnamPlus English 10 hour(s) ago 1 related news

Companies operating in the electronics industry have tremendous opportunities to carve out their own specific niche in the global marketplace and thrive, said economists at a seminar in Ho Chi Minh City on July 30, radio The Voice of Vietnam (VOV) reported.

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PetroVietnam profits hugely on government monopoly

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Báo Thanh Niên English 15 hour(s) ago

PetroVietnam profits hugely on government monopoly

State-owned fuel giant PetroVietnam has reported more than US$1.1 billion in profit during the first-half of the year, thanks mostly to gains in sectors where it faces no competitors or enjoys preferential policies.

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Bright prospect for dragon fruit exports

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VietnamPlus English 15 hour(s) ago

Vietnam now has more opportunities to ship dragon fruit, or thanh long in Vietnamese, to some choosy markets such as the US, Japan, the Republic of Korea (RoK) and China’s Taiwan in the coming time as local scientists have found a new way to protect the fruit from melon fly disease, a local newspaper reported.

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EU to double development assistance to Philippines

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VietnamPlus English 16 hour(s) ago

The European Union will double its development assistance to the Philippines to 325 million EUR (more than 435 million USD) in the first six years, local media in the Southeast Asian country reported on July 30.

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Trade surplus tops $1.3b in first 7 months

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VietNam News English 17 hour(s) ago 1 related news

The country's trade surplus in the first 7 months of this year reached US$1.26 billion thanks to a good export performance, the General Statistics Office reported.

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Samsung posts 19.6% fall in Q2 net profit

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Báo Tuổi Trẻ English 18 hour(s) ago 1 related news

Samsung posts 19.6% fall in Q2 net profit

Samsung Electronics on Thursday reported a near 20 percent decline in second quarter net profit, due to increased competition from cheap Chinese devices in the key smartphone sector and a surging Korean won.

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VSA sees slight increase in steel sales in July

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VietNam News English 18 hour(s) ago

The Viet Nam Steel Association (VSA) has reported that steel consumption in July was 380,000 tonnes, an increase of 1 per cent against last month.

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Vietnam records trade surplus in seven months

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VietnamPlus English 1 day(s) ago 1 related news

Vietnam enjoyed a trade surplus of 1.26 billion USD in the first seven months of this year, equivalent to 1.5 percent of the total export revenue, Nhan Dan (People) online newspaper reported, citing statistics released by the General Statistics Office.

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Farmers successfully grow precious orchid species

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VietnamPlus English 1 day(s) ago

As people rushed to hunt anoectochilus setaceus in the forest, threatening its survival, a farmer in Dak Nong province was able to successfully grow the orchid species in his garden, the English language news website VietNamNet Bridge reported on July 30.

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Vietnam Railways undergoes restructuring

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VietnamPlus English 1 day(s) ago

A number of subsidiaries of the Vietnam Railways Corporation are being equitised, including two major companies, Hanoi Railway Passenger Transport and Saigon Railway Passenger Transport, the English language news website dtinews.vn reported.

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HCM City targets higher budget revenue in 2015

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

The Ho Chi Minh City local government has mapped out a plan to boost budget collections for 2015, with domestic revenues targeted to rise 14 -16% and earnings from export and import to increase 6-8 percent, the Saigon Times Daily reported on July 30.

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Twitter reports a loss but growing number of users

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VietnamNet English 1 day(s) ago

Twitter reports a loss but growing number of users

Social networking service Twitter reported a loss of $145m (£86m) during the second-quarter period from March to June.

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Typhoon Halong to approach East Sea

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SaiGon GP English 2 day(s) ago

A storm named Halong and a low tropical pressure are on the ways to East Sea from Luzon Island (Philippines), reported by the National Meteorology Hydrology Forecast Center and the Asia – Pacific weather forecast centers yesterday.

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Cabinet meeting: Vietnam’s economy keeps on track

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VietnamPlus English 2 day(s) ago 1 related news

Cabinet meeting: Vietnam’s economy keeps on track

July continues to see positive socio-economic development, the Ministry of Planning and Investment reported to the regular Cabinet meeting which opened in Hanoi on July 30.

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