News

Businesses look to e-commerce to boost trade

HCM City , July 30 (VNA) — E-commerce is expected to help Vietnam meet its export turnover target of more than 110 billion USD this year, according to an official with the Vietnam Chamber of Commerce and Industry.

Industrial index up 4.8 percent in first seven months

Hanoi , July 30 (VNA) — The nation''s Index of Industrial Production (IIP) increased 4.8 percent in the first seven months of this year over the same period last year, the General Statistics Office reported.

Outstanding ASEAN businesses honoured

Vientiane , July 29 (VNA) – As many as 86 awards were granted to outstanding ASEAN businesses at a ceremony in the Lao capital of Vientiane on July 28.

Trans-Asia trade fair kicks off in Quang Tri

Quang Tri, July 26 (VNA) - A commercial fair opened in Quang Tri central province’s Dong Ha city on July 25 as part of Trans-Asia festival, the Saigon Giai phong has reported.

Rubber producers face losses ‘due to export tax'

Hanoi, July 26 (VNA) — Domestic latex and compound rubber producers said they are making losses and on the brink of shutting down their facilities after being hit hard by a hefty 3 percent export tax.

Banks resume paying interest on gold deposits

HCM City , July 26 (VNA) — Banks have resumed mobilising gold at an interest rate of 0.6 – 1 percent per annum after gold owners are required to pay interest on their gold deposits at banks.

Ban on second-hand mobile phone imports

Hanoi , July 24 (VNA) — From September, second-hand mobile phones, laptops, tablet computers and other office machines will not be allowed to be imported into Vietnam .

Garment exporters face downturn

Hanoi , July 24 (VNA) — Textile and garment producers were struggling from a lack of export contracts and market difficulties due to the ongoing public debt crisis in the EU, said the Vietnam Textile and Apparel Association (Vitas).

National trade deficit shrinks in seven months

Hanoi , July 24 (VNA) — The national trade deficit reached 58 million USD in the first seven months of this year, representing only 0.09 percent of total export value, the General Statistics Office (GSO) has reported.

Hanoi sees export turnover increase 6.6 percent

Hanoi , July 23(VNA) – Hanoi enjoyed a 6.6 percent increase in export turnover for the first seven months of this year from one year ago, reaching almost 5.9 billion USD.

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