Feed industry sheds export dependence
The Vietnamese feed processing industry spends more than US$1 billion annually in the import of product material. The Livestock Breeding Department has decided to address this issue by taking initiatives in finding new material resources.
(Date Issue 08/04/2008)
Industrial output reaches $22.9 billion mark
The country’s industrial output is estimated to reach VND382.3 trillion (US$22.9 billion) in the first seven months of the year, an increase of 16.4 per cent over the same period last year, the General Statistics Office reported.
(Date Issue 08/04/2008)
Vietnam an attractive M&A market: report
Despite current macroeconomic difficulties, Vietnam remains an attractive merger and acquisition (M&A) market. According to the PricewaterhouseCoopers’s report released on July 29, there were 48 M&A cases in Vietnam in the first half of the year, worth $347mil.
(Date Issue 08/04/2008)
Gold trading companies report high profit
Gold trading companies are still reporting satisfactory profit in the first six months of the year despite the difficulties due to the sharp VND/US$ exchange rate increases in late May and early June, which made the import cost higher. (Date Issue 08/04/2008)
Vietnam looks to Africa, Mideast
Trade and industrial co-operation with the Middle East and Africa has great potential for Vietnam, a senior Government official has said.
(Date Issue 08/04/2008)
Boom in cashew prices brings in $490 million so far this year
Viet Nam earned US$490 million from exporting 81,000 tonnes of cashew in the first seven months this year, up 2.2 per cent in volume and around 50 per cent in value from a year earlier, reported the General Office of Statistics. (Date Issue 08/04/2008)
Businesses to get registration certificates within five days.
It will take businesses a maximum of just five days to receive business registration certificates, according to a new inter-ministry circular released on Tuesday.
(Date Issue 08/04/2008)
Cement firms seek broad market
Cement producers are beginning to seek more export markets.This is because a total of 38 new cement plants are expected to open in the next few years, according to Construction Minister Nguyen Hong Quan. (Date Issue 07/25/2008)
US assists with textile development
US cotton associations have pledged to help Viet Nam develop its textile and garment industry during Prime Minister Nguyen Tan Dung’s visit to the United States, according to the Viet Nam Textile and Apparel Association (VITAS). (Date Issue 07/25/2008)
Paper sector guarantees to sufficient supplies
The country"s paper sector has pledged sufficient supplies of printing, writing and newspaper papers for the domestic demands, so a "fever" due to a paper shortage will not happen.
(Date Issue 07/25/2008)
Steel imports rise again
According to the Ministry of Industry and Trade, imports of steel have increased again since early July after a period of falling down.
(Date Issue 07/25/2008)
VN becomes Asia’s biggest exporter of timber furniture
Vietnam has become the biggest furniture exporter in the ASEAN market, according to the Ministry of Industry and Trade.
(Date Issue 07/25/2008)
Feed industry sheds export dependence
The Vietnamese feed processing industry spends more than US$1 billion annually in the import of product material. The Livestock Breeding Department has decided to address this issue by taking initiatives in finding new material resources. (Date Issue 07/25/2008)
Phu My Fertilisers plans Morocco plant.
A joint venture between Vietnamese and Moroccan companies will lead to the construction of a US$600 million fertiliser plant in Morocco to supply Vietnam and neighbouring countries.
(Date Issue 07/25/2008)
Cashew industry thirsty for materials
Cashew processing workshops now find it hard to arrange enough material for processing as domestic output has been decreasing dramatically while it is not easy to find foreign supply sources. (Date Issue 07/25/2008)
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