August Meeting

Vietnam predicts GDP growth rate of 6.7 pct

Vietnam has raked in $44.5 billion in export earnings in the past eight months, a year-on-year increase of 19.7 percent

Vietnam predicts GDP growth rate of 6.7 pct

An apparent recovery trend that the national economy has shown in the past eight months provides experts with the grounds to predict that Vietnam will achieve a GDP growth rate of 6.7 percent and rein in inflation to below 8 percent this year.

From Business

Ethanol to become released because of insufficient domestic demand

HN — PetroVietnam has introduced that it'll increase exports of ethanol fuels because of deficiencies in market demand in your own home.Within Government arrange for developing the bio-fuel market through 2015, having a vision to 2025, the audience invested US$270 million in three ethanol plants in Binh Phuoc, Phu Tho and Quang Ngai provinces having a total productive capacity of 300,000cu.m yearly. However, despite being cheaper by about VND500 per litre than conventional A92 gas, customers haven't

Sea food exporters lack capital, demand

Employees from the Thong Thuan Sea food Joint Stock Co process shrimp. Many sea food companies happen to be instructed to suspend production because of deficiencies in capital and falling exports. — VNA/VNS Photo Danh Lam HN — The amount of sea food exporters dropped within the first quarter of the year because of insufficient capital and falling exports, the Viet nam Association of Sea food Exporters and Producers (VASEP) stated.Within the