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Vietnam Economic Growth Estimated at 6 Pct in 2016

Vietnam's economic growth is forecast to stand at just 6 per cent while inflation may hit 5 per cent in 2016, said Dr Nguyen Duc Thanh, Director of theVietnam Institute for Economy and Policy Research (VEPR). 6.3- 6.5 per cent growth target is hard to reach At a recent meeting of releasing the macroeconomic report for the third quarter of 2016 held by VEPR, ...

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Vietnam Airlines to offer support for disabled passengers

National flag carrier Vietnam Airlines announced Wednesday that it plans to provide disabled passengers with free mobility aid services to ease their travel experience. The airline will add 80 wheelchairs, along with experienced staff, to its operations starting Saturday, in a bid to ensure elevated service for disabled flyers. Specifically, deaf, blind, physically challenged, and elderly passengers will be provided with free assistance in ...

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Vietnam spends $344mn importing Chinese, Thai fruits: customs

  Fruit-exporting Vietnam has spent more than half a billion U.S. dollars importing fruits in the first eight months of this year, most of which come from China and Thailand, the latest customs data reveals. Vietnam’s fruit exports fetched more than $1 billion in the Jan-Aug period, but imports also rose 36.9 percent year on year to $529 million, according to a report by ...

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Vietnamese fruit need export support

Vietnam has shown strong growth in fruit and vegetable exports in recent times, but for the sustainable development of exports more support from the State and enterprises is required.   Vietnam’s star apple fruit have been licensed to enter the US market since the last quarter of this year, after Bac Giang’s lychee was shipped to Australia. The local fruit industry expects to ship ...

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Innovative Solutions for Vietnam’s Supporting Industry

  Recently, Japanese Mitsubishi Research Institute has proposed Vietnam’s Ministry of Planning and Investment to consider applying the model of Local Public Technology Centre (LPTC) in Vietnam to support the development and participation of small and medium-sized enterprises (SMEs) in the value chain in supporting industry. LPTC is a successful model in Japan, thus promoting successful participation of SMEs in the chain to develop ...

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VN Runs Trade Surplus in First Nine Months

  Viet Nam enjoys a trade surplus of US$ 2.76 billion in the first nine months, the General Statistics Office (GSO) reported. The GSO announced that while goods marked a value surplus of US$ 2.76 billion in the January-September period, services suffered a trade deficit of US$ 3.4 billion.  In the first nine months, overseas shipment of goods was estimated at US$ 128.2 billion, representing a year-on-year increase of 6.7 per ...

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Boosting Trade Promotion in UK

Vietnam's exports will not be affected much after the British voted to leave the European Union (EU). To take advantage of opportunities from this potential market, Vietnamese companies need to focus on branding and actively boosting trade promotion in the UK. Trivial impacts from Brexit Mr Tran Ngoc Quan, Deputy Director of the European Market Department under the Ministry of Industry and Trade, said, ...

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Fish exporters face difficulties in hitting year-end goal

The local fishing industry continues to face many challenges toward reaching its year-end export target of US$7 billion, according to experts. The Vietnam Association Seafood Producers and Exporters (VASEP) said that the first nine months of this year showed stable export value growth for seafood products, excluding cuttle-fish and octopus. Many export markets trended up, creating solid conditions for local enterprises to promote seafood ...

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Agricultural Exports Rise 6 Per Cent

The Ministry of Agriculture and Rural Development said the export value of agricultural, forest and aquatic products was estimated at US$2.5 billion in September, totalling US$23.3 billion in the first nine months, up 6 per cent over the same period of 2015. Particularly, the export value of key agricultural products was projected at US$11.1 billion in the nine-month period, up 7.2 per cent year ...

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Exports to Be Hurt by Banned Substances

Agricultural and livestock products must assure food safety and traceability to meet market requirements. This urgent task not only ensures health but also protects national prestige and demonstrates the competitiveness of enterprises. On August 23, the Ministry of Agriculture and Rural Development hosted a business - consumer matching forum themed “Catching the wave of organic foods” in Hanoi. The forum delved into impacts of ...

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