Migrant workers quit HCM City

More manual labourers are moving out of HCM City and returning to their home provinces as the cost of living soars and salaries remain stagnant, according to experts.

Russian tour firms visit Binh Thuan

Fourteen tour companies from Novosibirsk, Russia, travelled to Vietnam recently to survey tourist destinations in Phan Thiet, central province of Binh Thuan.

Central province unite to attract Japanese tourists

The three central provinces and cities of Thua Thien Hue, Quang Nam and Da Nang are striving for closer cooperation to jointly attract more Japanese travellers to the region, said deputy director of the Quang Nam Department of Culture, Sports and Tourism Ho Tan Cuong.

He said a plan, including the creation of new tourism products and cooperation in trade promotion, human-resources training and the establishment of representative offices in Japan , had been agreed on by the three localities.

Tackling the trade deficit

The Ministry of Industry and Trade (MoIT) will take bolder measures to keep the country's trade deficit in the second quarter equivalent to roughly 20 percent of export earnings in the period, down roughly 3.1 percent over the rate in the first quarter, according to the MoIT's Planning Department.

Steel giant to issue more shares

HCM City-listed Pomina Steel Corporation will offer an additional 44.45 million shares in order to raise capital for its business development plan.

High agriculture imports drag on economy

Imports of agricultural products and fruit and vegetables in April reached 1.5 billion USD, lifting the total value for the first four months of this year to 5 billion USD – 80 percent more than for the same period in 2009.
Hoa Binh urged to push back drug trafficking Politics

Hoa Binh urged to push back drug trafficking

The northern province of Hoa Binh must create fundamental changes to drive back the illegal drug trafficking and transport and stamp out drug smuggling rings in Hang Kia and Pa Co communes in Mai Chau district.

Shoe exporters face obstacles

Late last year, the EU decided to increase its anti-duping duties on Vietnamese leather shoes by 10 percent, which will be in place until the first quarter of next year.

Mobile phones replace fixed-line accounts

The number of mobile phone subscribers continued to rise in the first four months of this year while the number of new fixed telephone subscribers saw a year-on-year decrease, according to data from the General Statistics Office.

Auto sales up 23 percent in April

The Vietnam Vietnam Automobile Manufacturers’ Association (VAMA) reports that its members saw their sales in April increase by 23 percent over the same period last year to 9,551 units.