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Vietnam GDP grows 5.89 percent in 2011

Hanoi , December 29 (VNA) - The Vietnamese economy is estimated to grow at 5.89 percent in 2011, according to the General Statistics Office (GSO) on December 29.In its 2011 Socio-economic Statistics, the GSO reported that disbursed social investment is estimated to total 877.9 trillion VND, accounting for 34.6 percent of GDP

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PetroVietnam produces 30 percent above target

Hanoi, Dec. 30 (VNA) – The Vietnam National Oil and Gas Group (PetroVietnam) produced 15 million tones of crude oil this year, 30 percent higher than production targets set earlier this year.

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Purchasing power at supermarkets rises 40 pct

Hanoi, Jan. 3 (VNA) – The number of shoppers at major supermarkets in Hanoi and Ho Chi Minh City rose between 30 and 40 percent during the New Year holiday on Jan. 1-2

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Industry and trade sector urged to restructure

Hanoi  , Jan. 3 (VNA) – The Ministry of Industry and Trade (MoIT) should focus resources on restructuring industries, trade and businesses which are operating in this field, the government leader has said

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Gloomy stock market greets new year

Hanoi, Jan. 4 (VNA) — Shares lost ground on both of the nation''s stock exchanges on the first trading session of the new year, despite strong performances by global stocks.

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Agricultural sector enjoys trade surplus

Hanoi, Jan 4 (VNA) — Vietnam enjoyed a trade surplus in agricultural, forestry and seafood exports last year while the increase in prices on the world market had an impact on export value but not added value or the quantity of exported products, exporters have said

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Investment for sustainable rattan production project

Thua Thien-Hue, Jan. 4 (VNA) – A project on sustainable production of rattan products will be continued in the central  province of Thua Thien-Hue  with funding from IKEA company.The second phase of the project with a total capital of 56,539 USD channeled through the World Wide Fund for Nature (WWF) will be carried out in Nam Dong and A Luoi districts from January 2012 to July 2014.

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Footwear sector makes efforts to stabilise production

Hanoi , Jan. 4 (VNA) – The leather and footwear sector is making efforts to stabilise production and ensure its export growth despite many difficulties, the industry association said.

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Shares dip on sell pressure

Hanoi , Jan. 5 (VNA) — National stock exchanges sank into the red on Jan. 4 but the pace of decline was slow.    The VN-Index on the HCM Stock Exchange ped 0.33 percent, ending at 348.84 points, with 96 out of the total of 275 codes posting gains.

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VN invests 10.8b USD overseas

Hanoi , Jan. 5 (VNA) —  Vietnam  committed a total of 10.8 billion USD of investment in 627 projects in 55 countries and territories around the world by the end of last year, the Ministry of Planning and Investment''s Foreign Investment Agency reports.

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