Vietnam exported 16.7 billion USD worth of goods in April, raising the total export turnover in four months to 61.3 billion USD, a year-on-year increase of 15.4 percent, according to the General Statistics Office. Since the beginning of this year, the export turnover of the domestic economic sector – the main driving force for the […]
Read MoreExport volume has fallen on higher prices and thinning demand. Vietnam’s coffee exports fell to 134,800 tons in April, the lowest level in five months, the country’s customs office reported. Shipments last month from Vietnam, the world’s largest robusta producer and exporter, fell 28.3 percent from the same month in 2016, the Finance Ministry-run Vietnam […]
Read MoreA strategy is being developed to promote domestic trade by 2025 with a vision to 2035. “The development of domestic trade lacks a comprehensive strategy despite its important role in the economy,” said Pham Nguyen Minh, Director of the Viet Nam Institute for Trade, at a workshop held yesterday to collect comments for the domestic […]
Read MoreThis is one of the forecasts to emerge from the “ASEAN+3 Regional Economic Outlook”, the first annual report produced by the ASEAN+3 Macro-economic Research Office (AMRO), released on May 4. According to the report, the economic growth of the ten ASEAN countries along with China, Japan and the Republic of Korea (ASEAN+3) is expected reach […]
Read MoreJapanese supermarket operator Aeon has plans to set up 500 grocery stores in Vietnam by 2025, according to a Nikkei Asian Review report. The firm is preparing to open more small stores in emerging Asian markets like Cambodia, Myanmar and Vietnam. In particular, it aims to raise the number of its stores in Vietnam by […]
Read MoreCredit growth in the first fourth months of the year rose to a six-year high of 4.89 per cent against 3 per cent a year ago, Prime Minister Nguyen Xuan Phuc told the monthly government meeting on May 4. Vietnam’s economic growth slowed to an estimated annual rate of 5.1 per cent in the first […]
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