VN, Ireland sign MoU on agriculture cooperation

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Dong Nai sets trade surplus of US$1bln by 2015

14:17 | 03/11/2014

VGP – ​The southern province of Dong Nai ran a trade surplus of more than US$300 million over the past 10 months of the year.

Illustration photo

The province’s export and import turnovers were US$10.367 billion and US$10.072 billion, respectively.

The locality’s main export markets include the US, Japan, the Republic of Korea, Thailand, Taiwan and Hong Kong, revealed director of the provincial Department of Industry and Trade Le Van Danh.

By 2015, the province’s export and import turnovers are expected to top US$14.4 billion and US$13.2 billion, up 15% and 9%, respectively.

By Thuy Dung

 

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VN enjoys trade surplus of US$1.87 bln in 10 months

14:14 | 03/11/2014

VGP – Viet Nam enjoyed a trade surplus of US$1.87 billion over the past ten months of 2014, according to the Department of Import-Export Administration, under the Ministry of Industry and Trade.

Illustration photo

The figure, which has actively contributed to guaranteeing foreign reserves, stabilizing exchange rates and the macro-economy, is regarded as a good sign to prove the recovery in the domestic production.

In October, the nation earned US$13.2 billion from exports, up 4.5% compared to the previous month.

The exports totaled US$123.1 billion in 10 months, witnessing a year-on-year increase of 13.4 %, of which US$40.6 billion and US$82.5 billion were made by the domestic economic sector and the foreign-invested sector, up 12.9% and 13.6%, respectively.

The shipment of phones and accessories ranked first with US$19.2 billion, up 6.9%, followed by garment with US$17.6 billion, up 19.3%, footwear US$8.2 billion, up 23.1%, aquatic products US$6.5 billion, up 20.6% and timber US$5 billion, up 13.3%.

The US was the largest importer of Viet Nam’s products during the reviewed time, making an import turnover of US$23.4 billion, up 20%. It was followed by the EU US$22.6 billion, up 12.8%, ASEAN US$15.5 billion, up 0.5%, China US$12.5 billion, up 16.2%, Japan US$12.3 billion, up 10.9% and the Republic of Korea US$6.1 billion, up 10.9%.

Over the past 10 months, Viet Nam’s import turnover obtained US$121.2 billion, up 11.2%. The foreign-invested and domestic sectors recorded US$68.7 billion and US$52.5 billion, up 10.7% and 12%, respectively.

China remained Viet Nam’s largest exporter, obtaining a turnover of US$35.6 billion, up 17.1%.

The country’s export and import turnovers are estimated to achieve around US$148 billion and US$146.5 billion in 2014, up 12% and 11%, respectively.

By Thuy Dung

 

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VNA launches Phu Quoc-Singapore air route

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First marine Ramsar receives certificate

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Campaign on free medical treatment for poor people launched

18:08 | 02/11/2014

VGP – A large-scale humanitarian campaign was launched on Sunday to provide free medical treatment for at least one million poor people across Viet Nam.

The long campaign is jointly held by the Viet Nam Red Cross Society, the Ministry of Health, the General Department of Politics under the Vietnamese People’s Army and the Association of Young Doctors.

Key activities include medical check-up and treatment, provision of free-of-charge drugs at the community and medical establishments, skill training on disease prevention, personal hygiene, and environmental sanitation. 

The event will also cover other humanitarian activities including presenting gifts, charitable houses, cows and medical insurance cards for the poor.

Right after the launching ceremony, eight groups of doctors and nurses fanned out to poor districts in Lang Son, Hoa Binh, Thanh Hoa, Lai Chau, Cao Bang, Son La and Phu Tho provinces and Ha Noi to treat patients and supply free medicines for poor people./.

By Kim Anh  

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Outward investment fetches over US$ 1 bln

17:20 | 02/11/2014

VGP – In the first nine months of 2014, the Ministry of Planning and Investment (MoPI) granted 83 outward investment projects worth over US$1 billion to 23 foreign countries and territories.

The Foreign Investment Agency (FIA) under the MoPI reported that Tanzania was the biggest FDI recipient country by luring a large-scale project valuing US$355.2 million, accounting for 35.5% of the total registered capital.

Laos was the most attractive destination for Vietnamese outward investment with 249 projects worth up to US$ 4.7 billion..

Cambodia ranked the second with US$351.4 million, equivalent to 35.1% of the total registered capital; followed by Burundi with US$170 million (17%). 

Vietnamese investors chiefly focused on information and communications with seven projects with combined value of US$ 527.1 million; followed by agro-forestry and fishery sector with eight projects capitalized at US$ 348.9 million. 

The agency also announced that as of late September, 2014, Viet Nam had 905 outward investment projects valuing US$19.1 billion in 63 countries and territories.

Key investment areas include mining (US$ 8.6 million), agro-forestry and fishery (US$ 3.1 billion), electricity production and distribution and oil and gas (US$ 2.1 billion).  

Viet Nam’s large-scale investment projects mainly focused on petrol, telecom, and rubber./.

By Kim Anh

 

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Sea and Islands Week scheduled for next week

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Ha Long Bay’s 20-year World Heritage status celebrated

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