The Business Times: Airfreight needs makeover

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• Airfreight needs makeover
• Inflation ‘limits room’ for Vietnam rate cuts: IMF
• CPI barely grows given poor demand
• Agro-forestry, fishery exports hit $8.6 billion
• Quang Ninh puts high hopes on spiritual tourism
• Steel trade deficit reaches over US$2 billion
• New Zealand assists Vietnam in dragon fruit export

Airfreight needs makeover Posted: 01 May 2013 07:48 PM PDT Viet Nam’s airfreight sector has great development potential, but it needs to beef up its ability to compete against foreign rivals in the domestic market, experts said at a conference in HCM City last week. Speaking at the Airfreight Logistics Conference, Do Xuan Quang, chairman of the Viet Nam Logistics Business Association, said that following [...]

Inflation ‘limits room’ for Vietnam rate cuts: IMF Posted: 01 May 2013 07:46 PM PDT The International Monetary Fund is not very hopeful that Vietnam can make further interest rate cuts this year. “While headline inflation has come down, core inflation (excluding raw food and energy) remains high, limiting the room for rate cuts,” it said in a release at the conclusion of a mission to Hanoi and Ho Chi [...]

CPI barely grows given poor demand Posted: 01 May 2013 07:45 PM PDT The demand for essential and consumer goods has slowed as local buyers are trying to make ends meet with their meager incomes, and this is the main reason for the low growth of the price consumer index (CPI) nationwide over the past time. With the meager CPI growth, it is sad that many local companies [...]

Agro-forestry, fishery exports hit $8.6 billion Posted: 01 May 2013 07:40 PM PDT The export of agro-forestry and fishery products in the first four months of this year has brought in $8.67 billion, up 0.4 percent year-on-year, according to the Ministry of Agriculture and Rural Development. The export value of the major farm products of rice, coffee, rubber, tea, pepper and cashew reached $4.54 billion in the reviewed [...]

Quang Ninh puts high hopes on spiritual tourism Posted: 01 May 2013 07:37 PM PDT Quang Ninh province has been famous for the Ha Long Bay, one of the world's natural wonders. However, over the last two years, the thing that attracts tourists to the locality is the spiritual tourism. A report showed that the number of tourists to Quang Ninh in the first three moths of the year increased [...]

Steel trade deficit reaches over US$2 billion Posted: 01 May 2013 07:36 PM PDT Vietnam's steel industry has seen an import surplus of more than US$2 billion in the first four months of this year. According to the Vietnam Steel Association (VSA), an imbalance in the steel industry's development strategy has led to an increase in the import of high-value steel, while the domestic supply mostly focuses on popular [...]

New Zealand assists Vietnam in dragon fruit export Posted: 01 May 2013 07:20 PM PDT New Zealand has started on a project to help Vietnam achieve its target of becoming the world's leading exporter of dragon fruit. Under the five-year project, the New Zealand Institute for Plant & Food Research Ltd. will cooperate with Vietnamese experts from the Southern Fruit Research Institute (SOFRI) and the Vietnam Institute of Agricultural and Post-Harvest Technology (VIAEP) to produce high-quality and [...]

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