The Business Times: Property market shows signs of recovery

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• Property market shows signs of recovery
• Kien Giang promotes high-quality rice production
• Cocoa industry begins to flourish
• Telephone and spare parts exports hit record US$20.2 bil high
• Gas prices to rise by VND80,000 from December
• Coffee export value falls 24.8% in eleven months
• Japan’s ODA contributes to Vietnam’s development
• Life insurance market poised to surpass growth target

Property market shows signs of recovery Posted: 30 Nov 2013 09:53 PM PST The real-estate market has shown signs of recovery but difficulties remain, said Minister of Construction Trinh Dinh Dung. Dung said in recent months, an increasing number of transactions had followed a long freeze, but small and medium size apartments were still in short supply. In addition, he said, property prices had been sharply cut after [...] The post Property market shows signs of recovery appeared first on Vietnam Business News.

Kien Giang promotes high-quality rice production Posted: 30 Nov 2013 09:49 PM PST The southern province of Kien Giang expects to harvest 7 tonnes per hectare in its intensive high-quality rice farming areas in the Winter-Spring crop 2013-2014, according to the provincial Department of Agriculture and Rural Development. The province planted 90,000 ha of high quality rice farming in local districts of Hon Dat, Tan Hiep, Chau Thanh, [...] The post Kien Giang promotes high-quality rice production appeared first on Vietnam Business News.

Cocoa industry begins to flourish Posted: 30 Nov 2013 09:48 PM PST Increasing global demand for cocoa beans, especially fermented ones, augurs well for the industry in Viet Nam, delegates said at a forum in HCM City yesterday. The country has suitable climate and soil for cocoa cultivation, experts noted, expressing confidence that inter-cropping the beans with coconut and cashew gardens would increase farmers’ incomes. This, in [...] The post Cocoa industry begins to flourish appeared first on Vietnam Business News.

Telephone and spare parts exports hit record US$20.2 bil high Posted: 30 Nov 2013 09:46 PM PST The Ministry of Planning and Investment's General Statistics Office announced the past eleven months have seen Vietnam's telephone and spare parts exports climb to US$20.2 billion, a 78.4% improvement on the same period last year. Telephones and spare parts are currently Vietnam's best performing export commodities despite their relatively recent addition to the ranks of [...] The post Telephone and spare parts exports hit record US$20.2 bil high appeared first on Vietnam Business News.

Gas prices to rise by VND80,000 from December Posted: 30 Nov 2013 09:45 PM PST Retail gas prices will increase VND80,000 to VND475,000-485,000 per 12kg canister from December 1, their highest level since February 2012. The Vietnam Gas Association says gas is being sold internationally at more than US$1,000 per tonne, US$200 per tonne more than earlier in November.The Association's representatives attributed the price hike to this development as well [...] The post Gas prices to rise by VND80,000 from December appeared first on Vietnam Business News.

Coffee export value falls 24.8% in eleven months Posted: 30 Nov 2013 09:43 PM PST Vietnamese coffee exports are estimated at 1.18 million tonnes worth US$2.51 billion after the first 11 months of 2013, equivalent to year on year drops of 24.4% in volume and 24.8% in value. The Ministry of Agriculture and Rural Development forecasts November's coffee export volume will reach 94,000 tonnes worth US$188 million.The 10-month average coffee [...] The post Coffee export value falls 24.8% in eleven months appeared first on Vietnam Business News.

Japan’s ODA contributes to Vietnam’s development Posted: 30 Nov 2013 09:42 PM PST Japan's official development assistance (ODA) has been used effectively in Vietnam and significantly contributed Vietnam's socio-economic development, particularly in infrastructure, economics, education, and science-technology. Deputy Prime Minister Nguyen Xuan Phuc made the remarks during his meeting with Chief Representative of the Japan International Cooperation Agency (JICA) Mori Mutsuya in Hanoi on November 29.Lauding the burgeoning [...] The post Japan's ODA contributes to Vietnam's development appeared first on Vietnam Business News.

Life insurance market poised to surpass growth target Posted: 30 Nov 2013 09:41 PM PST Vietnam’s life insurance segment is expected to exceed its annual target of 15% with 19-21% growth in the previous three quarters, a senior industry official says. This year’s revenue for this segment is estimated at more than VND21.15 trillion (US$1.01 billion), Vietnam Insurance Association general secretary Phung Dac Loc said at a two-day conference that [...] The post Life insurance market poised to surpass growth target appeared first on Vietnam Business News.

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