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Vietnam: Steel industry to grow 12-15%

HA NOI — The steel industry is predicted to grow by 12-15 per cent in the next five years, the Vietnam Steel Association (VSA) reported at a June 12 workshop in HCM City. Cast iron output is forecast to increase 80 per cent to reach 4.5 million tonnes, while steel billets will jump 47.2 per […]

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Vietnam: Inflation expected at 2.6 per cent this year

HA NOI — The country’s inflation this year is forecast to reach 2.6 per cent barring fluctuations of prices on world markets and adjustment in the cost of public services, the National Financial Supervisory Commission (NFSC) reported on Monday. In the first five months of the year, the average inflation rate was at 4.47 per […]

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Au Bon Pain heads for CLMV

Mudman Plc, an authorised franchisee of Au Bon Pain bakery chain in Thailand, has obtained the rights to expand the bakery into Cambodia, Laos, Myanmar and Vietnam (CLMV). The move is to capture increasing demand for lifestyle products, particularly food, among the CLMV market’s growing middle class. An improved economic situation in these countries has […]

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Laos, Vietnam vow to enhance cooperation

The Ministries of Foreign Affairs of Laos and Vietnam have vowed to enhance their coordination mechanisms in order to increase the effectiveness of cooperation. The vow was made at a meeting between high level officials from the two ministries in Vientiane yesterday, with Lao Deputy Minister of Foreign Affairs Ms Khamphao Eunthavanh and her Vietnamese […]

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