Friday, June 23, 2017 - 22:42:29

Work starts on 350mln USD resettlement project

Business

Work starts on 350mln USD resettlement project

The 21 st Century International Development Company on September 3 began construction on a resettlement project that will require 350 million USD to build 4,200 apartments as part of a city programme to relocate local residents.

Profit-taking halts market advances

Business

Profit-taking halts market advances

Heavy profit-taking brought the Ho Chi Minh Stock Exchange’s week-long rally to a halt on September 3, and the VN-index ended the day off slightly at 540.81 points despite a healthy number of gainers and active trading.

Retail sector remains economic bright spot

Business

Retail sector remains economic bright spot

Against the backdrop of industrial production value and exports plunging sharply in the last eight months, Vietnam’s retail sector saw products flying off the shelves, attaining a growth rate of 18.4 percent.

According to the latest report from the General Statistics Office, the country’s revenue from the retail and services sector totalled 743 trillion VND in the reviewed period.

Ninh Thuan moves to seek out investment

Business

Ninh Thuan moves to seek out investment

This October the southern central coastal province of Ninh Thuan will hold a conference to promote investment opportunities available to enterprises to take advantage of its abundant resources in energy, minerals, tourism and agriculture.

Index starts month on uptick

Business

Index starts month on uptick

The VN-Index began the new month on Sept. 1 by closing up for the fifth consecutive trading day, gaining 0.31 percent to end the session at 547.69.

Vietnam’s exports to US continue growing

Business

Vietnam’s exports to US continue growing

Vietnam exported 5.77 billion USD worth of goods to the US in the first six month of this year, up 1.6 percent from last year’s first half, according to statistics recently released by the US Department of Commerce.

The top exports categories for the first half of this year included apparel, grossing 2.39 billion USD, up 2.3 percent over the same period last year; footwear, 720,000 USD, up 20 percent and furniture and bedding, 645,000 USD.

Rice exports reach 4.4 mllion tonnes

Business

Rice exports reach 4.4 mllion tonnes

More than 4.4 million tonnes of rice were exported in the first eight months of the year, up 41.93 percent over the same period last year, according to the Vietnam Food Association (VFA).

The free-on-board export value was more than 1.8 billion USD, down 3.64 percent on the same period last year.