Timber industry may flounder later in year Business

Timber industry may flounder later in year

Vietnam's wood industry gained growth in its export value in the first seven months of 2015 but will have difficulty maintaining this growth until the year end, according to experts.
Southern region may face power shortage Society

Southern region may face power shortage

The southern region could experience power shortages in the next three weeks due to low coal supplies at the region's key thermal power plants, Electricity of Vietnam (EVN) said.
World

Malaysia rubber exports plummet in May

Malaysian exports of natural rubber (NR) in May plummeted 17.4 percent from the previous month to 40,500 tonnes, the country’s statistics department said on July 13.
Natural rubber export prices pick up from May Business

Natural rubber export prices pick up from May

Natural rubber export prices are on a rising trend since the beginning of May following concerted efforts from the Ministry of Agriculture and Rural Development and the Vietnam Rubber Association (VRA), reported the Thoi bao Kinh Te Vietnam (Vietnam Economic Times).
Business

Nearly 18,000 cars sold in May

Nearly 18,000 cars were sold in the domestic market during May 2015, down one percent from the previous month, but up 47.69 percent from May last year.
Business

Pacific deal may add 30 percent to GDP

The Trans Pacific Partnership (TPP) trade agreement is expected to add 30 percent to Vietnam's GDP over the next 10 years, the US Assistant Secretary of State for Economic and Business Affairs said at a press briefing held in HCM City last week.