Posts Tagged ‘ turnover ’

Ministry sets 14 percent growth rate for IT sector

February 6, 2010
Ministry sets 14 percent growth rate for IT sector

LookAtVietnam – The Ministry of Information and Communication (MoIC) has set its highest growth rate target of 14 percent to be reached by 2020. LookAtVietnam – The Ministry of Information and Communication (MoIC) has set its highest growth rate target of 14 percent to be reached by 2020. The sector aims to earn US$50 billion [...]

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Global recovery gets in behind local exports

February 6, 2010
Global recovery gets in behind local exports

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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Economic blips are no reason to be alarmed

February 6, 2010
Economic blips are no reason to be alarmed

LookAtVietnam – Vietnam’s industrial and export values slightly declined in January, but economists said the momentum for its economic recovery has been anchored. January’s industrial value dropped 4.6 per cent against December, 2009. The export turnover was down 10.4 per cent month-on-month, the Ministry of Planning and Investment’s (MPI) reported last week. While the MPI [...]

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Ha Noi targets $6.68 billion in exports, up 5% on last year

January 17, 2010
Ha Noi targets $6.68 billion in exports, up 5% on last year

Municipal planners in the capital set ambitious export targets for Hanoi to major markets: the US, Japan, China, the EU, Africa and West Asia in an attempt to boost export turnover in 2010. Ha Noi saw a decrease in imports and exports in 2009 compared with 2008. LookAtVietnam – Municipal planners in the capital set [...]

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How to deal with thorny problems for industry and trade sector

January 16, 2010
How to deal with thorny problems for industry and trade sector

In order to reach the country’s target GDP growth rate of 6.5 percent in 2010, the industry and trade sector needs to meet other important targets To control inflation under these Government targets, the industry and trade sector should ensure the supply of essential goods to avoid price fevers. Keeping import growth lower than export According to [...]

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Vietnam’s Top 500 optimistic for 2010

January 14, 2010
Vietnam’s Top 500 optimistic for 2010

VietNamNet Bridge – Optimism was in the air at a ceremony to name Vietnam’s Top 500 business. Professor Joseph Nye hands out certificates to businessesVNR500, organized by Vietnam Report Company and VietNamNet newspaper and took place on January 13, 2010. The special guest was Professor Joseph Nye, one of the US’s top minds, he handed out [...]

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White leg shrimp – a seafood star

January 7, 2010
White leg shrimp – a seafood star

LookAtVietnam – Since 2008, MARD has allowed farmers to breed white leg shrimps on a large scale after a period of prohibition. It has proved to be a wise move. Over the last 10 years, shrimp has been a key seafood export item for Vietnam. Shrimp exports still represent 50 percent of the total seafood [...]

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Export solutions for 2010

January 2, 2010
Export solutions for 2010

What should Vietnamese businesses do to to boost exports in 2010? In 2009, Vietnam’s export turnover is likely to drop by 10 percent over 2008 and the country is facing a trade deficit due to the impact of the global economic downturn.Ass.Prof and Dr. Nguyen Tat Thang, a senior researcher from the Ministry of Industry [...]

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BUSINESS IN BRIEF 28/12

December 28, 2009
BUSINESS IN BRIEF 28/12

Foreign banks expand presence in Vietnam; Agro-forestry-fisheries exports drop 7 percent in value; Vietnam Entrepreneurs Association in Belgium & Luxembourg debuts  Many foreign banks have joined up with local partners to expand their presence in Vietnam’s market in addition to opening more branches and introducing new products.ANZ Vietnam has linked up with the Vietnam Post [...]

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Exporters sprinting to fulfil orders

December 16, 2009
Exporters sprinting to fulfil orders

LookAtVietnam – Export companies are gearing up their production shifts to fulfil export orders for 2009. However, keeping busy makes them happy. Rice export record made in 2009Vietnam expects to export six million tonnes of rice this year, the highest ever. Workers at the Minh Phu Seafood Company are very busy these days making their [...]

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Feature

Vietnam, Cuba foreign ministries to bolster ties

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Vietnam’s top diplomat has affirmed that the Foreign Ministry will closely cooperate with its Cuban counterpart to implement the agreements reached by the two...