The Business Times: Hanoi GDP growth reaches 7.67% in H1/2013

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• Hanoi GDP growth reaches 7.67% in H1/2013
• Market gets its head around banks’ move
• Fisheries exhibition expected to promote domestic exports
• Chinese businessmen and the “buy all” strategy
• Ministry examines e-commerce
• Viet Nam remains lucrative PC market
• Vietnam – ADB’s key partner
• Donor conference to improve State Audit capacity
• HCM City’s June CPI increases slightly
• Trade deficit runs at US$1 bln in 6 months

Hanoi GDP growth reaches 7.67% in H1/2013 Posted: 21 Jun 2013 08:33 PM PDT Hanoi- the capital of Vietnam posted 7.67% increase in Gross Domestic Product (GDP) in H1/2013, the municipal's Statistics Office said. The figure is higher than GDP growth of H1/2012 (+ 7.6%) but lower than GDP growth of H1/2011 (+ 9.3%) and H1/2010 (+10.1%). In the H1/2013, trade and services sector posted the highest GDP growth [...] The post Hanoi GDP growth reaches 7.67% in H1/2013 appeared first on Vietnam Business News.

Market gets its head around banks’ move Posted: 21 Jun 2013 08:32 PM PDT The dust is settling as banks get ready to close their gold positions. There is more than one week before banks have to close their gold position under State Bank requirements, but some banks are dragging the chain. In the recent banking sector's half-year review meeting in Hanoi, State Bank governor Nguyen Van Binh was [...] The post Market gets its head around banks' move appeared first on Vietnam Business News.

Fisheries exhibition expected to promote domestic exports Posted: 21 Jun 2013 08:28 PM PDT HCM CITY (VNS)— More than 160 companies and organisations will take part in the Viet Nam International Fisheries Exhibition, or Vietfish 2013, to be held from June 25-27 at the Sai Gon Exhibition and Convention Centre in District 7. Vietfish, a leading aquaculture exhibition in Southeast Asia, will feature 230 booths displaying products and services [...] The post Fisheries exhibition expected to promote domestic exports appeared first on Vietnam Business News.

Chinese businessmen and the “buy all” strategy Posted: 21 Jun 2013 08:27 PM PDT Chinese businessmen continue rousing the Vietnamese farm produce market, "deploying troops" at all market segments and applying the same attack methods. Buying strange things, for what? Chinese businessmen have been reaching their hands to all farm produce markets in Vietnam. They buy everything Vietnam has, from the essential goods for daily life such as rice, [...] The post Chinese businessmen and the "buy all" strategy appeared first on Vietnam Business News.

Ministry examines e-commerce Posted: 21 Jun 2013 08:23 PM PDT HA NOI (VNS)— Viet Nam is in the process of completing a legal framework for the regulation of e-commerce, which is becoming increasingly popular as technology and the internet boom. The statement was made by Deputy Minister of Industry and Trade Tran Tuan Anh at a press conference held in the capital yesterday. E-commerce is [...] The post Ministry examines e-commerce appeared first on Vietnam Business News.

Viet Nam remains lucrative PC market Posted: 21 Jun 2013 08:09 PM PDT HCM CITY (VNS)— Concerns over high inventory occurred from 2012 failed to stop Viet Nam’s PC market from recording solid year-over-year growth in the first quarter of the year. According to IDC’s Viet Nam Quarterly PC Tracker, nearly 500,000 PCs were shipped in the first quarter, a drop of 20 per cent sequentially, but a [...] The post Viet Nam remains lucrative PC market appeared first on Vietnam Business News.

Vietnam – ADB’s key partner Posted: 21 Jun 2013 08:07 PM PDT Vietnam is one of the pro-active members and important partners of the Asian Development Bank (ADB), ADB Vice President Bruce Davis has said. At a June 21 meeting with Deputy Governor of the State Bank of Vietnam (SBV) Le Minh Hung in Hanoi, Bruce Davis said his bank is committed to  supporting Vietnam in maintaining [...] The post Vietnam – ADB's key partner appeared first on Vietnam Business News.

Donor conference to improve State Audit capacity Posted: 21 Jun 2013 08:07 PM PDT The State Audit Office of Vietnam and the World Bank (WB) hosted a donor conference on June 21 to increase international cooperation in implementing an action plan for its 2020 development strategy. Chief of the State Audit Office Nguyen Huu Van said the action plan focuses on improving the legal basis for the audit organisation, [...] The post Donor conference to improve State Audit capacity appeared first on Vietnam Business News.

HCM City’s June CPI increases slightly Posted: 21 Jun 2013 08:03 PM PDT Ho Chi Minh City's consumer price index (CPI) in June went up by 0.12 percent over last month's figure and 2.78 percent compared with that of one year ago. According to the municipal Statistical Office, culture-entertainment-tourism services saw the highest price rise of 0.57 percent, followed by restaurant services with 0.33 percent. Slight increases were [...] The post HCM City's June CPI increases slightly appeared first on Vietnam Business News.

Trade deficit runs at US$1 bln in 6 months Posted: 21 Jun 2013 08:02 PM PDT Vietnam's trade deficit rose to US$1.06 billion from the beginning of the year to June 15 despite increased exports. The General Department of Customs reported that Vietnam earned US$55.84 billion from exports, up 15.3%, but imported US$56.9 billion worth of goods, up 15.1%, in the reviewed period. From June 1–15, Vietnam's import-export turnover managed US$10.35 [...] The post Trade deficit runs at US$1 bln in 6 months appeared first on Vietnam Business News.

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