February 6, 2010
LookAtVietnam – January saw positive signs for Vietnam’s foreign trade activities thanks to the progressive recovery of world prices and demand. According to the Ministry of Industry and Trade (MoIT), Vietnam’s exports in January enjoyed strong growth rates from the post-crisis period, reaching $4.9 billion, up 28.1 per cent compared to the corresponding period last [...]
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January 14, 2010
LookAtVietnam – The total turnover of all the 16 members of VAMA in 2009 showed a shared growth rate of seven percent in comparison with 2008. Statistics provided by VAMA showed that there were two distinct groups. While the first showed sharp falls in 2009, the other saw an equally sharp increase ifor the [...]
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December 1, 2009
Industrial production month-on-month in November surged 3.6 per cent, lifting the figure for the first 11 months to 7.3 per cent over the same period last year. Production of seafood, cotton, adult’s clothing, paper, ceramic tiles, televisions and domestic automobiles in the first 11 months of the year was lower than the same period last [...]
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October 3, 2009
Creating the right conditions for good employment and protecting those people unable to find decent work should be an urgent priority for governments in Asia and the Pacific, the Asian Development Bank said Wednesday. Ursula Schaefer-Preuss, vice president of Knowledge Management and Sustainable Development at ADB, was addressing a three-day conference titled “The Impact of [...]
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September 10, 2009
LookAtVietnam – Domestic manufacturers of five-seat cars saw splendid sales in August: 3,528 five-seaters were sold in the month. Statistics released by the Vietnam Automobile Manufacturers’ Association (VAMA) showed that in the first six months of the year, Vietnamese automobile manufacturers sold only 2,200 five-seaters a month, but sales exceeded 3,000 cars a month in [...]
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August 26, 2009
LookAtVietnam – Commercial banks have become more cautious in their lending since SBV adjusted the targeted credit growth rate from 30 percent to 25-27 percent. Commercial loaning going more slowly⦠In the first six months of 2009, outstanding loans of banks increased more rapidly than their mobilised capital. Mobilised capital increased by 16.2 percent over the [...]
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August 13, 2009
VietNamNet Bridge – By the end of July 2009, Vietnam had faced 39 anti-dumping lawsuits, while it had lost in 70 percent of the cases. The figures are shown in the latest survey conducted by Professor Doctor Vo Thanh Thu, a member of the Vietnam International Arbitration Council. Results of the survey were released at [...]
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August 10, 2009
Most businesses still want the Government to extend the demand stimulus packages until mid 2010 instead of December 31, 2009. Most businessmen attending the meeting between the Hanoi Industry and Trade Department and businesses in Hanoi late last week reported satisfactory business results for the first half of 2009. Thong Nhat Bicycle, May 19 Textile, Xuan [...]
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August 7, 2009
VietNamNet Bridge – The total profit of the 302 companies which have announced business results reflects an increase of 77 percent over last year, according to StoxPlus Financial Communications. Shipping agents and seafood companies are among the unprofitable businesses. These two groups of companies are the clearest victims of the global financial crisis, as global [...]
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July 20, 2009
Banking experts have said that the central bank should not set credit growth rate limits for every commercial bank, while it should set up a technical barrier to curb credit growth. Some joint-stock banks have announced they fulfilled 80 percent of their yearly credit growth plans in the first six months of the year. DongA [...]
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