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Manufacturing slows slightly throughout April

HCM CITY — HSBC Viet Nam yesterday launched the very first time its April Viet Nam Manufacturing Buying Managers' Index (PMI), which stated the index slightly rejected to 49.5 in April from 50 in March, and also the figure signalled that overall business conditions made worse slightly.The index continues to be put together for HSBC by Markit, a worldwide financial-information services company since April 2011, that was its experimental year.The PMI is dependant on data put together from monthly replies to

Inflation forecast hitting single numbers

HCM CITY — Inflation reduced to 10.5 percent year-on-year in April from 14.1 percent in March, along with a monthly report from HSBC needs headline inflation to fall to some single-digit level by May.The speed had peaked at 23 percent last August."Headline inflation rose minimal previously 3 years, with prices in April rising by only .05 month-on-month versus .2 percent in April," the report states."With demand much more subdued than … formerly expected, inflationary demands should ease much more

Steelmakers to chop costs, up exports

Steelmakers to chop costs, up exports

Viet Nam Steel Association vice chairman Nguyen Tien Nghi. Sustained surpluses within the steel industry demand the sector restructure being more attentive to market demand and also to discount less strong steelmakers, Viet Nam Steel Association vice chairman Nguyen Tien Nghi spoke towards the Vietnam News Agency.How was growth and development of the steel industry within the first several weeks of the year?The stockpile within the first

Online labor demand bounces back

HCMC - The online labor demand index has rebounded after months of decline, growing 7% in February over the same period last year as tracked by VietnamWorks, the largest online employment service provider in Vietnam.

Sugar export needs second thought

HCMC – The approval for sugar exports helps relieve the capital pressure of sugar firms, but such a decision sparks concern over a domestic undersupply as sugar output is currently low, an expert said.

Hanoi to set up new parking lots

Hanoi to set up new parking lots

A week after banning parking lots on 262 streets, Hanoi authorities have ordered agencies to proceed with setting up new lots as replacements

Gold off 2-1/2-week high; Greece still a worry

Gold off 2-1/2-week high; Greece still a worry

Gold steadied on Wednesday after rising to its strongest in more than two weeks as concerns about Greece's ability to implement an unpopular bailout deal balanced gains triggered by the actual agreement

HN bans parking: violators fined, vehicle users tired

HN bans parking: violators fined, vehicle users tired

Yesterday, one day after Hanoi authorities banned parking lots on 262 streets, local traffic police and transport officers fined 135 violators, while many residents felt displeased as they failed to find parking for their vehicles

Egypt protesters demand justice over stadium deaths

Egypt protesters demand justice over stadium deaths

Angry Egyptian soccer fans protested at the general prosecutor's office on Wednesday in Cairo, demanding that authorities bring to court those responsible for soccer violence that left 74 people dead

Tien River heavily contaminated, agency warns

Tien River heavily contaminated, agency warns

Test results showed that the Tien River, which runs through several provinces in the Mekong Delta, has been severely contaminated, with some pollutants exceeding the limits by up to 1,000 times.

From Environment

Nutrious milk smugglers confiscated

THUA THIEN – HUE – Hue City's police turned away a smuggling ring and confiscated 10,000 US's Abbott milk-cans with labels transformed, the town investigative police confirmed with Viet Nam News today.Ton Nu Cam Dung was altering labels of Abbot's Ensure milk at her house with an Cuu Ward's Phan Chu Trinh Street. A lot more than 5,000 cans with yellow labels, 1,600 with blue labels and 500 without label were grabbed.Law enforcement also discovered 50 boxes of milk-cans that contains cans with changed

No funds to evacuate landslide areas

HCM CITY — The dearth of enormous sums of cash to maneuver citizens from landslide – and natural disaster-prone areas causes it to be hard for local government bodies to satisfy the Government's target.Families residing in 100s of landslide-prone areas and 60 river valleys threatened by surges were set to become gone to live in safe areas and assisted with moving, based on the Secretary of state for Agriculture and Rural Development.Pham Khanh Ly, deputy director from the ministry's Department of