Vietnam’s purchasing power continues to grow Business

Vietnam’s purchasing power continues to grow

Purchasing power has rising during the first 10 months of the year and total revenue for goods and services hit 4 quadrillion VND (172.5 billion USD), an 11.8 percent increase compared to the same period last year, according to the General Statistics Office (GSO).
Forex rate forecast to remain stable till year-end Business

Forex rate forecast to remain stable till year-end

The Vietnamese dong was expected to remain broadly stable against the US dollar over the remainder of 2019 and to be slightly weaker on average over 2020, buoyed by robust foreign direct investment (FDI) inflows, dollar purchases by businesses, and a healthy foreign reserve position, experts forecast.
HCM City needs 75,000 labourers in last quarter Society

HCM City needs 75,000 labourers in last quarter

Around 75,000 workers are needed in Ho Chi Minh City for the last three months of 2019, up over 7 percent compared to the same period last year, according to the HCM City Human Resources Forecast and Labour Market Information (Falmi) Centre.
Thailand devises policies to push economic development World

Thailand devises policies to push economic development

The Commerce Ministry of Thailand will push three policies to resolve the low price of five agricultural goods, increase cross-border exports and register geographical indication products for sale on e-commerce markets.
Interest rates stay steady til year end: SBV official Business

Interest rates stay steady til year end: SBV official

With a positive macroeconomic background at the moment, interest rates will basically stay steady until the end of the year due to excessive liquidity and proper credit growth, according to an official from the State Bank of Vietnam (SBV).
Vietnam’s textile export value up almost 7 pct in eight months Business

Vietnam’s textile export value up almost 7 pct in eight months

The Vietnam Textile and Apparel Association (VITAS) said the total export value of textiles, fiber, and cloth reached 25.7 billion USD in the first eight months of the year, up 8.6 percent year on year, including 60.6 percent from foreign direct investment (FDI) enterprises.
Vietnam likely to gain 11 billion USD from wood, forest products Business

Vietnam likely to gain 11 billion USD from wood, forest products

Vietnam is likely to reach its export turnover target of 11 billion USD from wood and forestry products this year as the main season for business is in the last six months of the year, according to an official of the Vietnam Timber and Forest Product Association (VIFORES).
HCM City seeks to develop urban river-canal network Society

HCM City seeks to develop urban river-canal network

Secretary of the Ho Chi Minh City Party Committee Nguyen Thien Nhan said at a conference held on September 11 that the city expects to outline a plan to build embankments and improve management of land along rivers and canals by the year-end.