Vietnam signs contracts to export 2.9 million tons of rice

Vietnam signs contracts to export 2.9 million tons of rice

The Vietnam Food Association announced on February 27 that up to now, firms have signed contracts to export 2.9 million tons of rice, an increase of more than 99 per cent over the same period last year.
Steel industry to see tougher competition with newcomers

Steel industry to see tougher competition with newcomers

Five new steel mills with a combined capacity of 1.5 million tons per year will start operations this year, making supply further exceed demand and leading to a fiercer competition in the local steel market.
PVN earns $5.4 bil. profit

PVN earns $5.4 bil. profit

Vietnam Oil and Gas Group (PVN) this year has earned total revenue of some VND773 trillion, or nearly $37 billion, up 14.4 pct against 2011, with a pre-tax profit of VND113 trillion ($5.4 billion), an increase of 12.4 pct.
Vietnamese rubber exports to hit $3billion

Vietnamese rubber exports to hit $3billion

Rubber exports in Vietnam could hit $3 billion this year if Vietnamese exporters take full advantage of the huge global demand for rubber.