January 11, 2012
 A man works at a steel factory in Que Vo District, outside Hanoi . Many companies in Vietnam are facing higher operation costs and lower profits. An annual report that ranks Vietnam’s 500 largest companies based on revenues, profit, growth rate, assets, and number of employees shows that returns are declining for private companies. [...]
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October 30, 2011
Foreign visitors examine Vietnamese wood products at an exhibition in Ho Chi Minh City. The demand for garments and woodwork is expected to fall as the global recession continues. Exports are growing and their prices are rising, but a faster rise in input costs is canceling export profits. Exporters worry that the development is expected [...]
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Posted in Business | Comments Off
August 27, 2011
People work at a furniture factory outside Hanoi. Many exporters in Vietnam are struggling to survive the difficult times. The global recession and resultant lower purchasing power has caused difficulties for many Vietnamese exporters. It has not helped that their heavy reliance on imported materials, coupled with rising input costs, have made their products less [...]
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July 17, 2011
Expectations that lower global prices would benefit consumers have been belied A worker pumps petrol to a motorcycle at a gas station in Hanoi. Vietnam raised retail fuel prices in late March and has left them unchanged since. When the government decided in March that local petroleum prices will be adjusted in line with [...]
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Posted in Business | Comments Off
July 10, 2011
Industry stakeholders grapple with falling production, higher costs and low prices Farmers harvest tra fish in the Mekong Delta. A shortage of the fish is expected to recur next month. As many as 147 firms have stopped seafood processing and export to pursue other kinds of business since the beginning of this year, pushed [...]
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April 25, 2011
New power pricing rule only a first step in market liberalization, analysts feel An electrician installs meters on an electrical pole in downtown Hanoi. Vietnam raised electricity rates by about 15 percent in March. A new rule that allows electricity prices to be changed several times a year can spur investment and help ease [...]
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March 17, 2011
A worker at a plastic product factory in Ho Chi Minh City Local firms struggling to manage soaring input costs and high interest rates will find government support critical for getting through tough times, experts say. However, some of them are worried about the lack of resilience shown by some enterprises which they say does [...]
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Posted in Business | Comments Off
January 2, 2010
Artisan Nguyen Huu Chinh sighed looking at the looms, which used to produce high-quality silk. Now, they have fallen idle. A weaver at the silk-making village of Van Phuc in Hanoi.“The raw material prices have increased so much that we cannot earn any profits from silk production. We had to stop the operation of some [...]
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Posted in Business, News | Comments Off
January 2, 2010
A weaver at the silk-making village of Van Phuc in Hanoi. Artisan Nguyen Huu Chinh sighed looking at the looms, which used to produce high-quality silk, the pride of Van Phuc Village in Hanoi. Now, they have fallen idle and are completely covered in grime. âThe raw material prices have increased so much that we [...]
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Posted in News, Social | Comments Off
October 5, 2009
LookAtVietnam – It is highly unlikely that inflation will surge this year as the world economy is still unstable and government measures have spurred production and curbed price hikes. A pedestrian walks past a Phuong Dong Bank banner.“I believe that inflation will not undergo a sudden surge from now until the end of this year [...]
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Posted in Business, News | Comments Off
