In the first quarter of this year, Vietnam exported around 300,000 tonnes of coffee, earning approximately US$461 million, down 25.3 percent in volume and 31 percent in value compared to the same period last year. After rising by US$87 per tonne, the global coffee price slid by US$15 per tonne from US$1,371 per tonne on March 30 to US$1,356 per tonne on March 31

Vietnam holds 16th position in the latest Grant Thornton emerging markets opportunity index, which rates world markets in terms of size, development pace and economic growth. In the Grant Thornton International Business Report 2010 released on March 31, the auditing and consultancy company said Vietnam has increasingly opened its economy and trade, especially after joining the World Trade Organisation in 2007, despite a large portion of its GDP-20 percent-being in agriculture.

Vietnam needs to muster all of its internal forces to remain competitive, especially in the transport sector, to attract more foreign investors. The remark was made at the Vietnam Manufacturing Summit in Ho Chi Minh City on March 31, which drew the participation of over 100 Chief Executive Officers (CEO) from foreign groups and companies operating in Vietnam.

The Vietnam multi-level marketing (MLM) association made its debut in Hanoi on March 31 in the hope of creating a professional system of MLM companies. Truong Thi Nhi, President of the association, said the organisation will focus on improving the capacity of MLM companies in Vietnam and improving connections among local firms operating in the arena. The association, she added, will work with state management agencies in the process of building mechanisms and regulatory policies concerning MLM activities in order to create a healthier and more equal environment for competition.

The world’s gold prices took a surprising sharp fall on March 31, resulting in domestic gold prices dropping by VND100,000/tael to close at VND26 million/tael. At 4pm on March 31, SJC gold from the Phu Quy Group was being transacted at VND26.080-26.160 million/tael and Thang Long Dragon gold from the Bao Tin Minh Chau Company at VND26.050-26.150 million/tael, down VND120,000-150,000/tael compared to March 30. In Ho Chi Minh City on March 31, SJC gold at the Sai Gon Jewellery Holding Company was listed at VND26.07-26.15 million/tael, a fall of VND120,000/tael against the previous day

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China’s northwestern Shaanxi province is committed to facilitating economic and trade cooperation with Vietnam, said the provincial party chief here on Wednesday. “Shaanxi and Vietnam are complementary in many ways and boast great potential for …

HLG Unit Trust Bhd, a member of Hong Leong Group Malaysia (HLG)(1082), has launched a new Hong Leong Vietnam strategic fund, which will leverage on the rapid growth of the Vietnamese equity market.

Project Reality Studios and Black Sand Studios are proud to announce the development of Project Reality: Vietnam (PR:V) for Battlefield 2. For the first time, Project Reality.