Timor-Leste looks to join ASEAN by 2020 World

Timor-Leste looks to join ASEAN by 2020

The Government and people of Timor-Leste are working hard in economic development and national construction, towards joining the Association of Southeast Asian Nations (ASEAN) by 2020.
Oil output seen rising 4.6 percent Business

Oil output seen rising 4.6 percent

The country's crude oil exploitation output this year is estimated to reach 17.58 million tonnes, up 4.6 percent against the government's annual target.
Budget to meet 2015 estimates Business

Budget to meet 2015 estimates

A continuous improvement in domestic revenue collection (excluding collection from crude oil) in the last months of the year will help the country meet the State budget estimates for 2015.
Q1 budget revenue up 10.3 percent Business

Q1 budget revenue up 10.3 percent

Budget revenues were estimated at 226 trillion VND (10.5 billion USD) in the first quarter, up 10.3 percent year on year and meeting 24.8 percent of collection plans, according to Deputy Finance Minister Vu Thi Mai.
Dropping export prices pose challenge Business

Dropping export prices pose challenge

The average prices of many key export items such as farm-aquatic produce and minerals are dropping, posing great challenge to the country in its bid to raise export value by 10 percent this year, according to the Ministry of Industry and Trade (MoIT).
VN trade surplus hits 1 billion USD in Q1 Business

VN trade surplus hits 1 billion USD in Q1

Vietnam’s export, import revenues reached 33.346 billion USD and 32.339 billion USD respectively in the first quarter of this year, resulting in a trade surplus of more than 1 billion USD, the Vietnam Economic News reported on April 7.
Business

HCM City targets exports jump

The municipal Department of Industry and Trade says HMC City targets export revenues of 34 billion USD this year, a year-on-year increase of 13.5 percent.
Business

Trade deficit reaches 12.4 billion USD in 2010

Despite the four-fold increase in export value against the National Assembly's previous prediction, Vietnam 's trade deficit still totalled 12.4 billion USD this year, accounting for 17.3 percent of the country's total export revenue, according to the General Statistics Office (GSO).