Economy

17/07/2012

Resolving obstacles to speed up exports of agricultural products

(VOVworld) – In the first six months of this year, the revenue of Vietnam's agricultural exports increased by 14% against the same period last year. However the sector faces many challenges due to a decline in export prices, instability in importing markets, and trade barriers. To achieve the set target of 26 billion USD this year, the domestic agricultural sector will need to make more effort in the remaining months. VOV has more.

10/07/2012

Positive changes in Vietnam’s economy in the first half of 2012

(VOVworld) – Despite many difficulties, Vietnam’s economy was on the right track in the first half of this year and has enjoyed several positive changes. According to the Prime Minister’s assessment, the Government’s measures to control inflation and the macro-economy are taking effect. VOV reporter To Tuan reviews the country’s economic performance so far this year.

03/07/2012

Vietnam’s mechanical engineering industry targets industrialization by 2020

(VOVworld) – Every year, Vietnam imports equipment of various kinds worth about 20 billion USD, much of which could be manufactured domestically. To remedy the situation, Vietnam’s mechanical engineering industry is speeding up an investment strategy aimed at making Vietnam an industrialized nation by 2020. VoV reporter To Tuan has more….

26/06/2012

Seaport development for long-term growth

(VOVworld) – Vietnam’s 3,200 km coast line would seem to be favorable to a marine economy. But its seaport system has not been well planned for long term development. Our reporter To Tuan has more.

19/06/2012

Tapping water surface potential for seafood sustainable development

(VOVworld) – Last year, Vietnam earned more than 6.1 billion USD from seafood exports, becoming one of the world’s top 10 exporters. Despite continuous growth over time, aquaculture still requires tending. Planning not keeping pace with development rates, a slump in development while not tapping into the potential of the waters in advantageous areas, all pose risks to aquaculture development. To tackle this, the Ministry of Agriculture and Rural Development is trying to complete a master-plan for aquaculture by 2020 with a vision toward 2030 for sustainability.

12/06/2012

Vietnam’s footwear industry increases use of domestic materials

(VOVworld) - Being one of the world’s 5 major footwear exporters, Vietnam still has to import most of its raw materials. To solve this scenario, the Vietnam Leather and Footwear Industry is putting together a chain of suppliers to increase the ratio of domestic raw materials which will raise the profit on each exported item. This is also a key part of the industry’s strategy for the near future. VOV editor To Tuan, investigates what the country has done to increase the use of domestic materials.

28/05/2012

Helping retailers

(VOVworld) - The past two years have been considered a difficult time for the retail sector, especially the beginning months of this year, when local purchasing power has decreased sharply due to the global and domestic economic recession. Many retailers are struggling with inflation and bankruptcy risk. The Vietnam Retailers’ Association has been implementing many solutions to help businesses maintain and develop their production. VOV looks at the issue.

21/05/2012

VINASAT 2 serves wider national socio-economic development needs

(VOVworld) – Vietnam’s second telecoms satellite, VINASAT 2 has been launched from the Kourou launch pad in Guyana, South America. When the US hands over control of the satellite in July, Vietnam will officially operate, and manage it. Vinasat 2 will help the national socio-economic development more efficiently, due to its larger capacity and wider coverage.

15/05/2012

Economy: Hanoi works with businesses to resolve difficulties

(VOVworld) – Hanoi has initiated a series of urgent solutions to help businesses overcome their difficulties. One of the best ways is to make it easier for businesses to get back to normal and increase production. VOV editor To Tuan analyzes the issues.

08/05/2012

Vietnam targets 100 billion USD in export turnover

(VOVworld) - Vietnam estimates it will earn 24.5 billion USD from its exports in the first quarter of this year, up nearly 24% against last year. The country has set a target of more than 100 billion USD in export revenue, the highest rate so far. This is a challenging figure currently considering the many difficulties Vietnamese manufacturers and exporters face.