Business

Exports to ASEAN up 60 percent

Vietnam’s export turnover to the ASEAN market reached 850.6 million USD in the early months of 2010, up to 8.4 percent and 60.6 percent over December 2009 and the same period last year, respectively.
Business

Exporters to get ministries’ help

The Prime Minister recently approved an additional list of 10 ministries in charge of granting and managing certificate of free sales (CFS) for imports and exports.
Business

VN-Cambodia 11-month trade hits 1.17 bln USD

Vietnam-Cambodia trade went down 26.4 percent from the same period in 2008, to 1.17 billion USD in the first 11 months of 2009 due to impacts of the global financial crisis, a trade official said.
Business

Citigroup: Vietnam growth far stronger than expected

US financial giant Citigroup Inc. said on Jan 5 that Vietnam ’s fourth-quarter growth exceeded market expectations and the country’s full-year expansion was “far more resilient” than the rest of Asia with the exception of China.
Business

VN-Russia Bank opens subsidiary in Russia

On December 14 the Vietnam-Russia Joint Venture Bank (VRB) officially opened a subsidiary bank in Moscow to help Vietnamese exporters operating in Russia and Eastern Europe.
Business

Trade with Saudi customers lifts

Trade between Vietnam and Saudi Arabia has achieved traction in the last few years, opening new opportunities for bilateral cooperation, Minister of Industry and Trade Vu Huy Hoang has said.
Business

Tax cut on Vietnamese garments exports to Japan

Vietnam ’s garments and textiles exports to Japan will be subject to zero percent import duties from October 1, which has raised estimates of the years earnings to 1 billion USD, up 20 percent from last year.
Business

Produce reaches trade surplus

Vietnam exported 278 million USD worth of fruits and vegetables – including the first-ever shipment of red-fleshed dragon fruits to the US – and imported 166 million USD in the first eight months of the year, according to the General Statistic Office.
Business

Taiwan firms to invest more in Vietnam

With analysts having predicted Vietnam ’s economy would rebound by late this year, Taiwanese investors would soon boost investment in Vietnam , a business conference in Ho Chi Minh City heard on Aug. 10.
Business

Rubber exports to China down

The volume of rubber exports via border to China has dropped, according to the general secretary of the Vietnam Rubber Association.