News

Growing retail sector contributes 15 pct to GDP

Hanoi , Dec. 29 (VNA) — The domestic retail market contributed 15 percent of the country''s GDP, said the Vietnam Retail Association.

Shares rebound on bottom fishing

Hanoi , Dec. 29 (VNA) — Shares on both national stock exchanges rebounded on Dec. 28 as many investors began to hunt bargains.

Firms must ‘use initiative to boost exports to China\'

Hanoi , Dec. 29 (VNA) — Vietnamese enterprises were urged to look at changes to China''s import policies to effectively accelerate their exports to the market during a business conference on Dec. 28 in Hanoi.

Exporters urged to target Germany

HCM City , Dec. 29 (VNA) — Exporters should increase their focus on Germany , Vietnam ''s sixth leading export market, suggested participants in a conference in HCM City on Dec. 27.

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.

Hanoi welcomes 1.9 million international visitors in 2011

Hanoi , Dec. 30 (VNA) – As many as 1.9 million international visitors came to Hanoi in 2011, an increase of 11 percent over 2010, according to the Hanoi Department of Culture, Sports and Tourism.

Mobi, VNPT Global to merge

Hanoi, Jan. 30 (VNA) — The Vietnam Posts and Telecommunications Group (VNPT) will merge VNPT Global into MobiFone to bolster investment resources for future overseas investment, said general director of VNPT Vu Tuan Hung.

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.

Key projects inaugurated in southern Ca Mau

Hanoi, Jan. 30 (VNA) – Prime Minister Nguyen Tan Dung on Jan. 30 witnessed the inauguration of key projects in the southernmost province of Ca Mau .The newly completed projects are the Ca Mau fertiliser plant, Dam Cung bridge and a memorial complex to President Ho Chi Minh.

Shares stumble on low volume

Hanoi, Dec. 30 (VNA) — Shares tumbled again on Dec. 29 on both national stock exchanges after a brief rising session on Dec. 28, with the two indices losing value.

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