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Mozambique will import 1.2 million tonnes of rice from Vietnam over the next three years to curb food shortages, a top government official said on Thursday. |
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Vietnam raked in more than 7.6 billion USD from the export of agro-forestry-fishery products in the first half of 2008, a year-on-year rise of 24.8 percent, thanks to increased prices and demands in the world market. |
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Vietnam's central bank allowed the domestic dong currency to drop on Friday to a new low of 16,520 to the dollar, reflecting the continued pressure on the currency from rising inflation and imports. |
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(Extracted from VNA and other sources) |
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Hyosung USA, which last week announced it will lay off 65 from its Decatur plant, is shifting jobs and equipment to Vietnam and China, according to a union official. |
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State-owned Vietnam National Coal and Mineral Industries Group, or Vinacomin, is mulling a boost in domestic coal production in the coming years, instead of hiking imports, a company official said Wednesday. |
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NEC Solutions Vietnam Co Ltd, headquartered in Hanoi, has opened its first branch office in Ho Chi Minh City in June 2008, to service existing and potential customers located at the southern area of Vietnam. |
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Vietnam's central bank could cut its base rate, used by banks to set deposit and lending rates, from August, when inflation is expected to be under control, a state-run newspaper reported on Wednesday. |
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Vietcombank, which settles a quarter of Vietnam's exports and imports, signed a deal on Wednesday to borrow $100 million from an Italian bank, underscoring tight liquidity conditions in the country. |
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ANZ has stepped up its expansion into Asia with plans to incorporate a new wholly owned bank in Vietnam and open at least four branches by the end of the year. |
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