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Mushroom growing brings mine victims out of poverty

Thousands of victims suffering from post-war bombs and mines in the central province of Quang Tri now have a stable life thanks to a project on growing mushrooms in Cam Lo and Trieu Phong districts. Quang Tri is one of the provinces most contaminated by unexploded ordnance (UXO) in Vietnam with 80 percent of land area containing wartime bombs and ... Read More »

State Bank may double charter capital

The State Bank of Vietnam is likely to double its charter capital to 10 trillion VND (476.2 million VND) from August 15 this year in a bid to better stabilise the country’s monetary market, according to a draft circular. It the increase goes ahead, the Fund for National Monetary Policies will also be doubled as the draft states that the ... Read More »

Seafood exports likely to rise 5 percent

Seafood export is expected to reach 6.5 billion USD this year, a rise of 5 percent from 2012. The forecast was made by Deputy President of the Vietnam Association of Seafood Exporters and Producers (VASEF) Nguyen Huu Dung. Shrimp export is expected to value at 2.2 billion USD, equal to that of last year, while tra fish export is predicted ... Read More »

Shares extend gains on optimism

The stock market on April 8 opened the week’s trading on a positive note with shares on both exchanges climbing on investor optimism. The VN-Index on the Ho Chi Minh Stock Exchange surpassed the psychological barrier of 505 points, closing the day up 0.81 percent at 506.66 points. Trading was busier towards the end of the afternoon with a total ... Read More »

Vietnam’s honey allowed in EU market

The European Union (EU) has lifted the ban on the import of fresh bee honey from Vietnam, the European Market Department under the Ministry of Industry and Trade reported. The department said the EU has recently issued a decision amending Decision 2011/163/EU on the approval of plans submitted by third countries on residue control measures on fresh animal products, including ... Read More »

BUSINESS IN BRIEF 9/4

Dong Nai industrial parks create new jobs, against national trend The southern province of Dong Nai, home to 30 industrial parks, has seen increasing demand for labour – defying the downtrend elsewhere in the country. Over 22,000 people have been hired since early this year, one per cent more than the same period last year, according to the provincial Department ... Read More »

BUSINESS IN BRIEF 9/4

Dong Nai industrial parks create new jobs, against national trend The southern province of Dong Nai, home to 30 industrial parks, has seen increasing demand for labour – defying the downtrend elsewhere in the country. Over 22,000 people have been hired since early this year, one per cent more than the same period last year, according to the provincial Department ... Read More »

BUSINESS IN BRIEF 9/4

Dong Nai industrial parks create new jobs, against national trend The southern province of Dong Nai, home to 30 industrial parks, has seen increasing demand for labour – defying the downtrend elsewhere in the country. Over 22,000 people have been hired since early this year, one per cent more than the same period last year, according to the provincial Department ... Read More »

BUSINESS IN BRIEF 9/4

Dong Nai industrial parks create new jobs, against national trend The southern province of Dong Nai, home to 30 industrial parks, has seen increasing demand for labour – defying the downtrend elsewhere in the country. Over 22,000 people have been hired since early this year, one per cent more than the same period last year, according to the provincial Department ... Read More »

Real estate firm seeks affordable housing investors

Real estate firm seeks affordable housing investors HCM CITY (VNS)— Real estate developer Nam Long Joint Stock Co will list 95.5 million shares on the HCM City Stock Exchange (HOSE) today with a reference price of VND27,000 per share. This was announced by Nguyen Vinh Tran, deputy general director of the company, who said that the company wanted to call ... Read More »