The Business Times: Exports will save Vietnam’s steel industry

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• Exports will save Vietnam’s steel industry
• Can Tho to grow high quality vegetables
• Central bank prioritises currency market stability
• Vietnam, India eye US$7 bln in trade value
• Reform to spur telecom growth
• Securities firms still in distress in tough market conditions

Exports will save Vietnam’s steel industry Posted: 08 Feb 2014 09:16 PM PST The steel exports have been increasing steadily over the last few years, which is believed to be the way out for the domestic oversupply. The steel exports have always been higher than 2 million tons per annum since 2010. A report by the Vietnam Steel Association (VSA) showed that only 50 percent of the total […] The post Exports will save Vietnam's steel industry appeared first on Vietnam Business News.

Can Tho to grow high quality vegetables Posted: 08 Feb 2014 09:14 PM PST Can Tho will develop 75 areas specialising in vegetable cultivation between now and 2020. The plan aims to have 2,000-2,500 households growing vegetables in areas covering a total land mass of 750ha. The households will be provided with farming techniques according to Vietnamese Good Agriculture Practice standards (VietGAP), as well as post-harvest preservation techniques. Under […] The post Can Tho to grow high quality vegetables appeared first on Vietnam Business News.

Central bank prioritises currency market stability Posted: 08 Feb 2014 09:13 PM PST The State Bank of Vietnam (SBV) is committed to a flexible approach to management that maintains currency market stability and increases foreign currency reserves. The central bank considered 2013 a successful year, immediately and successfully intervening in the market when necessary to keep exchange rates under control. It even had no need to push the […] The post Central bank prioritises currency market stability appeared first on Vietnam Business News.

Vietnam, India eye US$7 bln in trade value Posted: 08 Feb 2014 09:11 PM PST Two-way trade between Vietnam and India has grown and flourished over the years and both countries are looking towards a US$7 billion target in 2015. Nguyen Son Ha, Vietnamese Trade Counsellor to India, says India is one of Vietnam's top ten trade partners and the latter is the former's fourth biggest trade partner within ASEAN. […] The post Vietnam, India eye US$7 bln in trade value appeared first on Vietnam Business News.

Reform to spur telecom growth Posted: 08 Feb 2014 09:08 PM PST The Vietnamese telecom market will improve vastly after its restructuring is complete, said Minister of Information and Communications Nguyen Bac Son. Minister Son said the restructuring of the Vietnam Post and Telecommunications Group (VNPT) would represent a breakthrough for the country’s telecom and information technology (IT) industry, especially since other local firms in the industry […] The post Reform to spur telecom growth appeared first on Vietnam Business News.

Securities firms still in distress in tough market conditions Posted: 08 Feb 2014 09:01 PM PST A majority of securities firms have entered into the new year with great uncertainties ahead as the stock market has yet to get out of the woods. Up to 58 of 94 stock brokerages are facing huge losses, five are being monitored due to their poor performance, and nine under special surveillance. A latest report […] The post Securities firms still in distress in tough market conditions appeared first on Vietnam Business News.

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