July 1, 2011
China has stepped up buying farm products from Vietnam, including coffee, rice and rubber as it grapples with harsh crop weather, but higher prices could stoke inflation in the Southeast Asian nation, government data and local media said. Rising Chinese imports of Vietnamese agricultural produce, which has seen robust growth in the past decade, [...]
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June 4, 2011
Shoes and materials are laid on the ground of a factory in the handicraft shoe village of Gie Ha, south of Hanoi. Vietnam’s trade deficit has just kept ballooning over the years and economists don’t see it stopping any time soon, given the country’s heavy reliance on imported materials and machinery. The deficit widened to [...]
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July 15, 2009
VietNamNet Bridge – The Vietnam Feed Association has warned that the feed price could increase by another 20 percent, and if so, Vietnam’s husbandry and seafood industries would suffer. However, according to the information centre under the Ministry of Agriculture and Rural Development (MARD), it is not very likely that the feed market will see [...]
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July 3, 2009
Commercial banks have reported satisfactory profit for the first half of 2009, forecasting that the fulfillment of their yearly business plans is within reach. On July 1, Maritime Bank became the first member of the banking system to officially announce its business results for the first six months of 2009. Maritime Bank’s pretax profit was [...]
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July 3, 2009
Commercial banks have reported satisfactory profit for the first half of 2009, forecasting that the fulfillment of their yearly business plans is within reach. On July 1, Maritime Bank became the first member of the banking system to officially announce its business results for the first six months of 2009. Maritime Bank’s pretax profit was [...]
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June 26, 2009
VietNamNet Bridge – The number of cars imported in the first half of 2009 is just 53 percent of that of the same period of last year. This has been attributed to the higher tax. The statistics released on June 25 by the General Statistics Office showed that the value of imported cars in June was 58 [...]
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June 19, 2009
VietNamNet Bridge – We now know how listed companies performed in the first part of the year. The bright picture of the first half of the year has prompted companies to adjust yearly business targets. Banks have seen satisfactory business result in the first half of 2009 Hoa Phat Group, for example, fulfilled 87 percent [...]
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June 19, 2009
PetroVietnam’s revenue down with world prices; Energy exhibition opens in Hanoi; US company provides supplies for Vung Ang I power plant; Accountants urge firm governance The Viet Nam National Oil and Gas Group (PetroVietnam) reported a revenue of just VND95.5 trillion (US$5.3 billion) in the first five months of this year, 21 per cent lower [...]
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June 19, 2009
Imported paper products have been flooding Vietnam, while prices have been decreasing. However, domestic producers are still attempting to raise the sale prices of their products. The Vietnam Paper Association said that the sales of domestic producers are down by 25 percent from last year while many paper plants are running at just 60-70 percent [...]
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June 19, 2009
Several listed companies have announced impressive January-May profits that make up almost their annual target or even surpass it. Hoa Phat Group (HPG), the countryâs biggest steel producer, earned VND506 billion (US$28 million) in after-tax profits in the first five months, or 87 percent of its full-year projection, the company said Thursday on its website.The [...]
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