Business

New coop model may profit farmers

New large-scale rice cooperatives are expected to reduce farmers' production costs and cut out several middleman traders, according to Deputy Minister of Planning and Investment Dang Huy Dong.
Politics

HCMC official pays visit to Vietnam News Agency

Le Thanh Hai, Politburo member and Secretary of the Ho Chi Minh City Party Committee and a delegation of National Assembly deputies from the city visited the Vietnam News Agency (VNA) on June 19 to mark the 87 th anniversary of Vietnam’s Revolutionary Press Day on June 21.
Business

Supermarket sales soar 27 percent

While sales at traditional markets in HCM City have plunged in the last 10 years, supermarkets have been growing at 19-27 percent a year in that period.

Market research companies say consumers prefer shopping at supermarkets to traditional markets these days.

The change in the shopping habits has strongly influenced the nature of goods sold at supermarkets, with the focus switching to food.
Business

Fuel price hike to hit struggling business

Businesses already struggling to survive in both domestic and international markets are going to be very hard hit by the second rise in fuel prices in less than two months, economists say.
Business

Ailing cement industry needs to export more

Exports were a main outlet for the ailing cement industry last year, Nguyen Thanh Tung, director of Vietnam Cement Corporation's administration office, said at a recent conference.
Agroforestry, fisheries earn 1.8 billion USD Business

Agroforestry, fisheries earn 1.8 billion USD

The value of Vietnam’s agroforestry and fisheries exports is estimated at 1.8 billion USD in January, a year-on-year drop of 16.3 percent, said the Ministry of Agriculture and Rural Development.
China launches Chongqing-Hanoi air route Business

China launches Chongqing-Hanoi air route

A flight with 100 passengers aboard took off from Jiangbei international airport in central China’s Chongqing city to Vietnam’s capital city of Hanoi on March 6, opening the first direct air route between the two cities.
Business

China launches Chongqing-Hanoi air route

A flight with 100 passengers aboard took off from Jiangbei international airport in central China’s Chongqing city to Vietnam’s capital city of Hanoi on March 6, opening the first direct air route between the two cities.
Business

Domestic garment makers turn to home customers

A series of high-grade products pinned with the Viet Tien, Garment 10 and An Phuoc trademarks for export are now being showcased at stores in the Vinatex chain to lure domestic buyers.

The Viet Tien Company has hired out the entire first floor, thousands of sq.m. large, of the Vinatex outlet at No. 25 Ba Trieu street , Hanoi , to display its products.