Vietnam posts trade surplus of US$2.32 billion in 2016

Vietnam posts trade surplus of US$2.32 billion in 2016

NDO - Vietnam enjoyed a trade surplus of US$2.32 billion last year, according to the General Department of Customs (GDC), slightly lower than the initial estimate of US$2.68 billion made by the General Statistics Office. (9 hours ago)


Vinacomin expected to become a strong economic group

  Jan 11, 2017
NDO—The Vietnam National Coal–Mineral Industries Holding Corporation Limited (Vinacomin) needs to have a reasonable structure for its development to become a strong economic group in 2017.  

Challenges face central bank in maintaining stable interest rates

  Jan 09, 2017
NDO—Keeping stable interest rates in 2017, as in 2016, is considered a thorny problem for the State Bank of Vietnam (SBV) amid the constant pressure of increasing interest rates.  

Beaten on home soil

  Jan 08, 2017
NDO - While Vietnamese goods find it hard to penetrate the ASEAN market, other countries in the AEC have quickly managed to take advantage of tax cuts to boost their exports to Vietnam. The defeat of domestic enterprises’ on home soil is no longer simply just a warning but a wake-up call.  

National retail sales up 10.2% in 2016

  Jan 06, 2017
NDO - Total retail sales in Vietnam were estimated to hit VND 2,670 trillion (roughly US$118 billion) in 2016, up 10.2% compared to the previous year, the General Statistics Office (GSO) has announced.  

Disappointing export figures after AEC comes into effect

  Jan 05, 2017
NDO - In late 2015 Vietnam officially joined the ASEAN Economic Community (AEC), a region of over 600 million people and GDP of nearly US$3,000 billion. A huge market full of potential was anticipated but after one year, such expectations have yet to materialise. 

Central bank works to ensure stable exchange rate

  Jan 05, 2017
NDO/VNA - The State Bank of Vietnam (SBV) will keep a close watch on the developments of both domestic and global economies to work out measures to ensure stable exchange rate management in 2017, according to a central bank official. 

Debate over State capital management in enterprises

  Jan 04, 2017
NDO - A recent Party resolution has affirmed the necessity of building a specialised agency to function as the owner of State capital and assets in enterprises so that such responsibility could soon be abdicated from line ministries and local governments. 

Vietnam’s stock market capitalisation to GDP rises to 74% in 2016

  Jan 03, 2017
NDO - Vietnam’s stock market capitalisation ratio, including bonds and stocks, to gross domestic product, was 74% in 2016, up 35 percentage points from a year earlier, according to Finance Minister Dinh Tien Dung. 

US tops Vietnam’s biggest export markets

  Jan 03, 2017
NDO/VNA – The US once again topped the list of 200 countries and territories importing Vietnamese goods in 2016, with a total import value of over US$34.8 billion, according to the Government’s portal.  

A government of integrity: from commitment to action

  Jan 02, 2017
NDO - Building a government of integrity for the sake of the people and enterprises is a message constantly reiterated by Prime Minister Nguyen Xuan Phuc. The change in state management mindset must be conveyed to civil servants at all levels, which is the quickest way to turn commitment into action.  

Vietnam a highlight for economic development: experts

  Dec 31, 2016
NDO – Ahead of the New Year 2017, international experts have evaluated that Vietnam is a "bright spot" in the region and is increasingly becoming a "magnet" to attract private investment, especially in the field of production and consumption.  

Seafood exports hoped to fetch US$7.1 billion in 2017

  Dec 30, 2016
NDO/VNA – The Directorate of Fisheries under the Ministry of Agriculture and Rural Development (MARD) has set a goal of US$7.1 billion in seafood export revenue in 2017. 

PM urges resolve to deal with challenges in 2017

  Dec 30, 2016
NDO/VNA - Prime Minister Nguyen Xuan Phuc has asked central and local officials to show political resolve and aspirations to develop the country despite the numerous difficulties facing the nation. 

HCM City: December CPI climbs 0.52 percent

  Dec 29, 2016
NDO/VNA – The consumer price index (CPI) in December 2016 in Ho Chi Minh City rose by 0.52 percent from November and 4.41 percent against the same period last year.