HCMC – Furniture export is projected to decline against last year since wood processors become more cautious about taking new orders after the long Lunar New Year holiday, the Vietnam Timber and Forest Products Association (Vifores) said.
Vietnam enjoyed a trade surplus in agricultural, forestry and seafood exports last year while the increase in prices on the world market had an impact on export value but not added value or the quantity of exported products, exporters have said.
Vietnam had export turnover of 94.8 billion USD as of December 25, a record-high and an increase of 35 percent over last year, according to Vietnam Customs.
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Vietnam's trade deficit this year was the lowest in the past 10 years, reaching just over $9.5 billion, a year-on-year decrease of nearly 23 percent and equivalent to 9.9 percent of the total export value – half of the Government's target of 18 percent for the whole financial year, the General Statistics Office (GSO) reported.
HCMC – Vietnam’s wood processing industry expects to obtain US$3.9 billion in export value this year compared to US$3.4 billion in 2010 despite concerns over a slump in global demand as well as high production costs and interest rates.
The agricultural, forestry and fishery industries gained a year-on-year increase of 30.6 percent in export value for the first 11 months of this year, reaching 22.6 billion USD, said the Ministry of Agriculture and Rural Development.
The agricultural, forestry and fishery industries gained a year-on-year increase of 30.6 per cent in export value for the first 11 months of this year, reaching US$22.6 billion, said the Ministry of Agriculture and Rural Development.
Viet Nam's agricultural, forestry and fishery industry has overcome both production and business challenges to reach its export value target for the year, experts have said.
Exports of agricultural products during the first 10 months of this year reached a total of US$11.6 billion, a year-on-year increase of nearly 45 per cent, with export value bolstered by high prices.
Vietnam 's leather and footwear export value jumped by 30 percent to 4.8 billion USD during the first nine months of this year, according to the General Statistics Office (GSO).
HN — Domestic businesses should positively build plans and methods to grow marketplaces in nations joining the Trans-Off-shore Partnership (TPP) Agreement.Ngo Chung Khanh, deputy director from the Secretary of state for Industry and Trade's Multilateral Trade Policy Department, made the suggestion in a conference in Ha Noi yesterday.The TPP pact, also called the Trans-Off-shore Proper Economic Partnership Agreement, is really a multilateral free trade deal that aims to help liberalise the financial systems
HN – Blue nick declines ongoing to tug shares lower around the HCM City Stock Market today.As much as 80 percent from the top 30 shares by market capitalisation and liquidity sank, which the 2nd biggest share PV Gas, HCM City Infrastructure Investment (CII), Sea Group (OGC) and Sacombank Investments (SBS) fell through the daily limit of 5 percent.Only mixer Masan Group (MSN), property developer Quoc Cuong Gia Lai (OQC) and Song Da Urban & Industrial Zone Investment and Development (SJS) bucked the