Domestic gold price falls to three-month low
(Sep 12, 2014)
Domestic gold prices followed the downward trend in the world market and
dropped by VND330,000 (US$15.7) per tael from early this week
toVND36.02 million ($1,715) per tael.
The tourism sector will carry out measures to attract more Russian
visitors to Viet Nam as there is huge potential for the development of
the Russian market, according to the Viet Nam National Administration of
Japan, Indonesia, India, and countries in Africa and Latin America
import lots of products, but Vietnamese firms need to study them
carefully to export to them, a conference heard in HCM City yesterday.
Viet Nam is expected to achieve a trade surplus in the remaining months
of 2014 following positive results from exports in the first eight
months of the year.
Viet Nam is moving forward to develop a complete Government financial
management information system (GFMIS) in the future, a top official of
the Ministry of Finance announced.
Prime Minister Nguyen Tan Dung has allowed the State Capital Investment
Corporation (SCIC) to contribute VND1 trillion (US$47.6 million) to the Thai Nguyen Iron
and Steel Corporation (TISCO) to improve production.
Vingroup and Vietnam Investment Development Group (VID Group) have
become strategic partners of the Viet Nam National Textile and Garment
The State should control the flow of rice exports through Viet Nam's
border gates to ensure enough supply for export processing, experts
Viet Nam's support industries remain underdeveloped in spite of
Government directives, with only 27.8 per cent of industrial spare parts
and accessories coming from domestic enterprises.
The General Department of Customs yesterday announced it has approved
the applications of eight more companies for expedited customs
Viet Nam, with its 90 million population and growing affluence, and more
focused efforts to equitise State-owned enterprises and restructure
banks, offers great opportunities for portfolio investors despite some
hurdles, a seminar that opened in HCM City yesterday heard.