Business

Sales of goods and services soar

Total turnover for goods and services in the first nine months of the year surged by 18.6 percent year-on-year to 845.4 trillion VND (47.2 billion USD) thanks to a series of Government stimulus measures and promotional programmes, according to the General Statistics Office (GSO).

The GSO said that business turnover reached 662.5 trillion VND (37 billion USD), up 19 percent over the same period last year.
Business

Retailers face distributor price rises

Despite the fact that a number of supermarket supplicers have announced that they plan to raise prices, retailers say it will not impact significantly on their businesses.
Business

Vietnamese businesses expand investments abroad

Vietnam’s businesses have so far registered to invest in 440 projects with a total capital of over 6.8 billion USD in 49 nations and territories, reports the Foreign Investment Agency (FIA).

In the first eights months of the year, Vietnamese businesses registered to invest 2.1 billion USD in projects outside Vietnam, said the FIA under the Ministry of Planning and Investment at a recent meeting.
Health

Local clinics to join in A/H1N1 testing

The Health Ministry said it will examine local health clinics’ laboratory capacity to see if they are qualified to test for the A/H1N1 virus as the workload has become a burden on existing facilities.
Business

Vietnamese businesses expand investments abroad

Vietnam’s businesses have so far registered to invest in 440 projects with a total capital of over 6.8 billion USD in 49 nations and territories, reports the Foreign Investment Department.

In the first eights months of the year, Vietnamese businesses registered to invest 2.1 billion USD in projects outside Vietnam, said the department under the Ministry of Planning and Investment at a recent meeting.
Society

HCM City’s economy shows signs of recovery

HCM City ’s economy is beginning to show signs of recovery as its GDP for the first nine months of the year recorded at 221.5 billion VND, up 6.1 percent compared with the same period last year.
Society

Chief activist joins nation in flood relief aid

The chief of the nation’s largest mass organisation has transferred 700 million VND into the fund for flood victims in Central Highlands Kon Tum province, where floods have claimed 33 lives and left four others missing.
Politics

ASEAN-Japan businesses boost ties

ASEAN and Japanese businesses agreed on the need to boost bilateral and multilateral cooperation between the group’s member countries and Japan .
Business

Approval for private cargo airline

TraiThien Air Cargo, Vietnam’s first private cargo airline, has received a licence and is expected to begin operations in October next year, according to the Ministry of Transport.
Business

Domestic investment to drive realty market

Vietnamese investors will dominate the domestic real estate market for the immediate foreseeable future, experts said at a seminar on property trends held in HCM City on Sept. 29.

Marc Townsend, managing director of CBRE, a real estate service provider, said the prolonged global economic downturn has forced a lot of foreign investors to halt or reconsider their property projects in Vietnam.
Business

VNPT launches new internet TV service

The Vietnam Post and Telecommunications Group (VNPT) on Sept. 28 officially launched its MyTV service, which uses IPTV- base technology (Internet Protocol Television).