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Sunday,  12/08/2019
Coffee prices expected to rise due to supply shortage
Coffee prices expected to rise due to supply shortage
Hanoi (VNA) – A global glut of coffee has come to an end, and the price of coffee is likely to go up in the near future, according to industry insiders. A coffee area in Dak Lak province. (Photo: VNA) The Vietnamese coffee sector has experienced a strong fall in export volume and price from the start of the...
Tra fish exports to Russia slump
Tra fish exports to Russia slump
Hanoi (VNA) – Export revenue of tra fish to the Russian market in the first 10 months of this year fell 31 percent compared to last year to 12.5 million USD, reported the Vietnam Association of Seafood Exporters and Producers (VASEP). Illustrative image (Source: VNA) According to the association, the sharp drop followed last year’s declining trend, and was...
Lang Son: Seven more communes recognised new-style rural areas
Lang Son: Seven more communes recognised new-style rural areas
(LSO) - Lang Son province has seven more communes meeting new-style rural area standards, namely Tan Doan and Yen Phuc (Van Quan district), Nhat Tien and Hung Vu (Bac Son district), Gia Loc (Chi Lang district), Tan Thanh (Cao Loc district) and Tan Viet (Van Lang district). The information was heard at a meeting held by the province’s assessment...
Garment export target of 40 billion USD may be reached
Garment export target of 40 billion USD may be reached
Hanoi (VNA) - The domestic textile and garment industry is expected to reach its export revenue target of 40 billion USD this year despite facing many difficulties, said Vu Duc Giang, Chairman of the Vietnam Textile and Apparel Association (VITAS). Illustrative image (Photo: VNA) To achieve this target, the industry needs export value growth of at least 11-12...
Hanoi expects to overfulfil many yearly targets
Hanoi expects to overfulfil many yearly targets
Hanoi (VNA) – Hanoi expects to overfulfil seven out of 22 targets set for this year, Vice Chairman of the city People’s Committee Nguyen The Hung reported to the municipal People’s Council on December 3. At the 11th session of the 15th-tenure People’s Council of Hanoi (Source: thoibaotaichinhvietnam.vn) In a report delivered at the 11th session of the 15th-tenure...
Vietnam’s economy stays positive amid global growth slowdown: PM
Vietnam’s economy stays positive amid global growth slowdown: PM
Hanoi (VNA) – Vietnam’s economy remains positive despite the slowdown in global economic growth, especially in Asia, over the last 11 months, Prime Minister Nguyen Xuan Phuc said while chairing the Government’s regular meeting for November on December 2. The Government holds the regular meeting for November on December 2 (Photo: VNA) He noted that at the recent 8th...
Vietjet Air to open Ho Chi Minh City – Pattaya route
Vietjet Air to open Ho Chi Minh City – Pattaya route
Hanoi (VNA) – The budget carrier Vietjet Air on December 2 announced a new route linking Ho Chi Minh City with Thailand’s Pattaya city via U-Tapao airport. Illustrative image (Photo: VNA) The new service will be launched on December 23 with one flight per day, bringing the total routes of Vietjet Air to Thailand to eight. Its representative...
Cash habit, poor infrastructure prevent to non-cash economy
Cash habit, poor infrastructure prevent to non-cash economy
HCM City (VNS/VNA) - While non-cash payments are admittedly on the rise, the cash payment habit and limited development of technology infrastructure are big problems for the country’s non-cash economy, experts have said. Non-cash payment in Vietnam is growing, but local preference for cash is still a problem (Photo: VNA) According to the State Bank of Vietnam, as...
E-commerce helps develop logistics property sector
E-commerce helps develop logistics property sector
Hanoi (VNS/VNA) – Growing demand from e-commerce users is putting pressure on existing supply chains, facilities and warehouses. Delivery service GHN launched the first automatic goods sorting system with capacity of 30,000 parcels per hour at its warehouse in Long Bien district, Hanoi (Photo courtesy of GHN) Single’s Day on November 11 saw a surge on local e-commerce sites....
Aquatic export revenue likely to miss 2019 target
Aquatic export revenue likely to miss 2019 target
Hanoi (VNA) – Vietnam’s aquatic export revenue is estimated to reach 778 million USD in November this year, pushing the total earnings in the first 11 months of 2019 to about 8 billion USD. Illustrative image (Source: VNA) According to the Vietnam Association of Seafood Exporters and Producers (VASEP), the country may not hit its target of 10 billion...
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