Sugarcane faces plummeting prices Business

Sugarcane faces plummeting prices

The sugarcane sector is facing record-low prices despite an increase of 500,000 tonnes of output over last year, leading to high inventory levels, according to the Vietnam Sugar and Sugarcane Association.
Singapore’s PMI hits 33-month high World

Singapore’s PMI hits 33-month high

Singapore’s purchasing managers’ index (PMI), an early indicator of manufacturing activity, posted a reading of 51.5 points in August, the highest figure since November 2014, reported the Singapore Institute of Purchasing and Materials Management (SIPMM).
Vietnam rubber trademark announced Business

Vietnam rubber trademark announced

The Vietnamese rubber trademark, “Vietnam Rubber”, has been accredited by the National Office of Intellectual Property under the Ministry of Science and Technology.

Cutting interest rates help boost growth

The State Bank of Vietnam lowered interest rates on short-term deposits and ceiling interest rates on loans in a bid to boost bank loans, the English language version of the Nhan Dan (People) newspaper reported.

Low inflation signals macroeconomic stability

It is an upbeat sign that Vietnam’s consumer price index (CPI) rose at a slow pace in the first six months of 2014, said Dr. Tran Hoang Ngan, member of the National Assembly Economic Committee in an interview with Nhan Dan (People) newspaper.

Vietnam remains lucrative PC market

Concerns over high inventory occurred from 2012 did not stop Vietnam's PC market from recording solid year-over-year growth in the first quarter of the year.

HCM City’s April CPI falls slightly Business

HCM City’s April CPI falls slightly

Ho Chi Minh City’s consumer price index (CPI) in April was down 0.33 percent from last month, making an overall rise of 0.82 percent since the start of this year.

Enterprises optimistic despite global turmoil

Businesses are optimistic that they will not have to scale back their operations this year despite tough market conditions, according to a recent survey by the Vietnam Chamber of Commerce and Industry (VCCI).

Nine-month industrial output rises 4.8 percent

The nation's Index of Industrial Production (IIP) increased 4.8 percent in the first nine months of this year, compared to the same period last year, the General Statistics Office (GSO) reported.

Manufacturing slowdown continues

June data pointed to a further worsening of business conditions across the Vietnam manufacturing sector, and the rate of deterioration accelerated to the fastest in four months, according to the HSBC Purchasing Managers Index (PMI), which was issued on July 2.

Distributors told to ensure petrol supply

Petrol supplies must be assured in both reserve and type regardless of circumstance or great difficulty, according to the Government's direction.

"Any enterprises which don't conform to the regulation must face the responsibility. We will take drastic measures to assure this as we are resolved to deal with violating parties," Deputy Minister of Industry and Trade Nguyen Cam Tu said at a meeting with key petrol enterprises on March 12.