Insurance firms report a slowdown in growth

Insurance firms report a slowdown in growth

Foreign non-life insurance companies in Vietnam experienced a declining growth rate in 2012 as the local market struggled with economic difficulties.
SCG reports operating results for H1/2012

SCG reports operating results for H1/2012

SCG today announced the operating performance for the second quarter of 2012, showing better revenue from volume growth and higher product prices in most business units, but decreased profitability, due to the chemicals inventory adjustment following the fluctuation in global oil price.

Capital hoteliers are in a fix worse

Hanoi hoteliers are facing up to plummeting occupancy and rates.
Transport fees freezing local automobile market: VAMA

Transport fees freezing local automobile market: VAMA

Transport fee used to limit personal vehicles have frozen the local automobile market, said Vietnam Automobile Manufacturers’ Association (VAMA) in a recent document sent to Hanoi authorities.
Agro/forestry/seafood exports hit $11 billion

Agro/forestry/seafood exports hit $11 billion

Vietnam earned $2.3 billion from agro-forestry and aquatic exports in May, raising the sector’s total export revenue for the first five months of the year to nearly $10.9 billion, up 10.1 per cent against the corresponding period last year.
Firms’ SOS to spark big rescue

Firms’ SOS to spark big rescue

Local enterprises’ dramatic SOS has pushed the government to roll out a major rescue package. However, it is unclear whether the rescue package will actually keep firms afloat.
SCG reports operating results for Q1/2012

SCG reports operating results for Q1/2012

SCG today announced the operating performance for the first quarter of fiscal 2012 showing improved revenue from sales, while lower year-on-year profitability due to the trough in chemicals margins.
PM approves trade strategy, during 2011-30

PM approves trade strategy, during 2011-30

Prime Minister Nguyen Tan Dung has signed a decision to ratify an import/export strategy for the period 2011-20 with an orientation towards 2030.
Hanoi’s office buildings see record-low occupancy rate

Hanoi’s office buildings see record-low occupancy rate

Around 28 per cent of total leasing areas of Hanoi’s office buildings have yet been occupied, a record-low rate, said realty consultancy firm CB Richard Ellis.
Vietnam’s export turnover rises again

Vietnam’s export turnover rises again

Vietnam ’s export revenues in October rose 4.5 per cent against last month to $8.3 billion, after three consecutive months of decline.
Asian rental growth outpaces Europe

Asian rental growth outpaces Europe

Asian real estate markets continue to lead to their European and American rivals as the slow and long recovery from the global financial crisis (GFC) continues, according to CB Richard Ellis.
Vietnam Jan-Sep basic macro-economy indices

Vietnam Jan-Sep basic macro-economy indices

Tuoitrenews briefs some basic macro-economy indices of Vietnam in the first three quarters of this year, with data from the General Statistics Office.
Central region reports strong industrial growth

Central region reports strong industrial growth

The central coastal and Highlands region reported an industrial growth of 14.3 per cent year on year to almost VND50.18 trillion (roughly $2.46 billion) in the first half of the year.
Trade deficit continues to rise

Trade deficit continues to rise

The trade deficit increased to $6.6 billion in the first five months this year compared to $5.4 billion in the same period of last year due to higher import value, according to the General Statistics Office (GSO).
Forestry, fisheries exports top $10 billion

Forestry, fisheries exports top $10 billion

The nation’s agro-forestry and fisheries export revenues exceeded $10 billion in the first five months of the year, a year-on-year rise of 41.5 per cent, the Ministry of Agriculture and Rural Development (MARD) said.
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