The total national retail value of goods and services in August reached
nearly VND292.8 trillion (US$13 billion), with purchasing power
declining 0.3 per cent against July. Experts blame the decrease on purchases of back-to-school and post-storm repair supplies.
Vietnamese shares may continue to decline this week as investors could
take short-term profits from blue chips and speculative stocks on their
significant improvements, securities firms and analysts said.
VINECO, a subsidiary of Vingroup, kicked off construction of the first
greenhouse system, valued at VND1 trillion (US$44.45 million), in the
northern Vinh Phuc province on August 28.
The State Treasury of Vietnam sold a combined VND1,100 billion worth of
government bonds in an auction on August 29 at the yields of 7.3-8.9 per
cent per annum, according to the Hanoi Stock Exchange (HNX).
Viet Nam''s index of industrial production (IIP) in August increased by
only 4.4 compared to last year, much lower than the 7 per cent rise of
last month, the General Statistics Office (GSO) reported.
