Agriculture sector posts 2.8 pct growth rate

The agriculture sector registered a growth rate of 2.8 percent this year amid many challenges and high input prices, according to a report of the Ministry of Agriculture and Rural Development at a conference in Hanoi on Dec. 27.
CPI in HCM City continues to rise Business

CPI in HCM City continues to rise

The consumer price index (CPI) in Ho Chi Minh City went up 1.61 percent in December over the previous month, reported the municipal Statistics Department.

Prices for goods, services to rise

Higher demand and shortages of capital for increased production during the final month's of the year will increase the likelihood of price increasing for many essential goods this month.

Hike in input prices worry snack makers

Rising prices of raw materials needed to make Tet (Lunar New Year) festival sweetmeats have made enterprises worry their production costs will be higher than selling prices mandated by the Government's price stabilisation programmes.

Agricultural imports rise

Import value of agricultural materials and products in the first half of the year sharply increased because of the rising demand and prices, reported the Ministry of Agriculture and Rural Development.

Seats sell out on Da Nang flights

Air tickets to the central city of Da Nang have recently become scarce as increasing numbers of people opt to enjoy the local fun and sunshine.

Apparel exports earn 3.8 bln USD in first five months

Vietnam 's apparel exports surged 17.1 percent in the first five months of the year against the same period last year, reaching 3.8 billion USD, said deputy chairman of the Viet Nam Textile and Apparel Association (Vitas) Pham Xuan Hong.

Cost of dining out stays high

Prices for meals at restaurants and small eateries have not dropped since Tet (Lunar New Year) festival, despite lower prices for essential items at groceries and wholesale markets.

Farmers enjoy sugar rush

Farmers in the Mekong Delta provinces are rushing to plant sugarcane following the recent sharp increase in prices, and observers say it may lead to abundant supply this year.

State bank removes lending cap

The State Bank of Vietnam has removed the interest-rate cap on medium- to long-term loans, a move expected to end a two-year struggle by banks to maintain liquidity.

Investment in vacation homes booms

A series of second-home projects worth tens of billions of USD, mushrooming up along the coast of the country, show that building coastal resorts is now a top choice for investors.
Global gold price rise power domestic high Business

Global gold price rise power domestic high

Domestic gold continued smashing its record value, registering a high of 26.85 million VND per tael, buoyed by speculation and the fast increase of gold prices on the global market.