News

Get tough on economy: experts

Hanoi, Jan. 10 (VNA) — A Vietnamese financial: expert has predicted an economically gloomier year for 2012 as the recession bottomed out."Stronger measures must be taken to restructure the economy," director of the Vietnam Institute of Economics, Tran Dinh Thien, told a conference held by the National Financial Supervisory Committee on Jan 9.

Retail value climbs by 24.2 percent in 2011

Hanoi , Jan. 11 (VNA) — The value of retail sales and services enjoyed a year-on-year increase of 24.2 percent to 2,004 trillion VND (95.5 billion USD) in 2011, announced the General Statistics Office (GSO).

Vietsovpetro’s revenues exceed 5.6 bln USD

Ba Ria-Vung Tau, Jan. 11 (VNA) – The Vietnam-Russia oil and gas joint venture Vietsovpetro has announced that its revenues from the sale of crude oil exceeded 5.6 billion USD in 2011.

Vinacomin rolls out updated business targets

Hanoi , Jan. 11 (VNA) — The Vietnam National Coal and Mineral Industries (Vinacomin) Group is to increase production for domestic use this year and invest in exploration to meet long-term development.

Working out e-customs links

Hanoi, Jan. 11 (VNA) – Deputy Prime Minister Vu Van Ninh has approves a six-month extension of a pilot e-customs plan that was to be completed at the end of last year.

VN named top emerging destination for 2012

Buenos Aires, Jan. 12 (VNA) – Vietnam has topped the list of emerging destinations for 2012, cited a survey of the United States Tour Operators Association (USTOA).

Deputy PM welcomes more FDI

Hanoi, Jan. 12 (VNA) — Vietnam welcomed the participation of foreign enterprises in the country''s reform agenda, said Deputy Prime Minister Hoang Trung Hai. Hai was speaking at an international summit on investing in Vietnam, held by the Ministry of Foreign Affairs and the Economist Conferences in Hanoi yesterday.