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Vietnam: Q2 GDP growth robust, 2017 target still elusive

HANOI — Strong second quarter growth has led Vietnam’s economy back from a disappointing first quarter performance, with gross domestic product growth reaching 5.73 per cent in the first half of 2017. 2017’s first quarter GDP scored only 5.15 per cent, far lower than that of the two previous years. The second quarter, announced the […]

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Thailand top supplier of fruits to Vietnam

HANOI — Vietnam imported US$376 million worth of fruits from Thailand in the first half of this year, which was double the figures of the same period last year. With the turnover, Thailand has become the leading supplier of fruits to Vietnam, accounting for over half of Vietnam’s six-month fruit imports at $507 million, according to the Ministry of Agriculture and Rural Development. During […]

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Vietnam’s Q2 growth quickens

HANOI (Reuters) – Vietnam’s annual economic growth rate quickened to 6.17 percent in the second quarter, government data showed yesterday, as strong manufacturing growth offset a continuing slump in mining production. In January-March, the growth rate was 5.15 percent, the lowest in three years. Vietnam’s target for full-year 2017 growth is 6.7 percent. To achieve […]

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Quang Nam boosts cooperation with Lao localities

Quang Nam (VNA) – Chairman of the Planning, Finance and Audit Committee of the Lao National Assembly Vilayvong Budakham hoped the central province of Quang Nam will continue increasing cooperation with Lao localities. During a meeting with Secretary of the provincial Party’s Committee Nguyen Ngoc Quang in Quang Nam on June 28, the Lao official recognised […]

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Vietnam: Branding critical for enteprises development

The Hanoitimes – Along with appropriate business strategies, modern technology application and products’ qualities enhancement,branding development and protection is key for enterprises to operate in a globalized context. However only a few Vietnamese companies focus on branding. 80% of enterprises only pay 5% for branding  Together with the expansion of the market economy, the number of […]

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Vietnam looks to turn home firms into enterprises

HANOI — In order to transform household businesses into enterprises, it is necessary to use “economic levers” rather than “administrative orders”, deputy director of the Central Institute for Economic Management (CIEM) Phan Duc Hieu said in a Hanoi-based conference yesterday. The conference, organised by Vietnam Chamber of Commerce and Industry (VCCI) in cooperation with Bank for Investment and Development of Vietnam (BIDV), drew […]

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