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Falling rice prices, contracting domestic consumption, sluggish exports and ineffective Government-backed stockpiling policy have caused thousands of farming households to fall into hardship. Currently, the average export price of Vietnamese rice is only US$380 per tonne, the lowest ever.
he Prime Minister has requested state-owned enterprises (SOEs) to focus on their core business fields and not to spread their capital in non-core sectors. However, the new regulations seem to pave the way for the enterprises to do this.
The Ministry of Industry and Trade (MoIT) and Malaysian Toyo-Ink Corporation on Thursday signed a Memorandum of Understanding (MoU) on the Hau River 2 thermal power plant, which will be built towards the build-operate-transfer (BOT) model.
The price of electricity has been raised to an average 1,508.85 VND per kWh (exclusive of value added tax) starting August 1, an increase of 71.85 VND (5 percent).
Investors understand well that Cham Isle is in no way inferior to Phu Quoc Island in terms of landscapes and the nature quality. The land here is very cheap, while the local authorities have vowed to develop the tourism on the isle.
With its dynamism and sharpness, Long An province has achieved many socioeconomic development achievements, confidently asserted its position in the Mekong Delta region, and contributed to the development of the whole region. The following is the interview with Long An Provincial People’s Committee...
The Vietnamese Ministry of Industry and Trade said the ceremony for receiving the status of Protected Designation of Origin (PDO) for Phu Quoc fish sauce took place on July 15, 2013 in Belgium.
If negotiating is successful, 95 percent of Vietnam’s textile and garment categories of exports to the US would enjoy the zero tariff. Meanwhile, 55 percent of the Vietnam’s total products go to the market.
International travelers will soon be able to enjoy duty free shopping at international airports in Viet Nam after completing admissions procedures.
Vietnam’s exports to the UK soared 41.6 percent to top 1.76 billion USD during the first half of this year, according to the General Department of Customs.
Minister of Industry and Trade Vu Huy Hoang and his Haitian counterpart Wilson Laleau inked a framework agreement on trade and investment in Hanoi on July 22.
Policy makers at central agencies are considering a stimulus package worth nearly VND100 trillion, or nearly US$4.9 billion, to prop up the sagging economy amid economists’ concerns about risks of instability therein.
