The domestic automobile market this month may see a decrease in both import volume and value for the first time, according to the General Statistics Office (GSO). In August, the GSO estimated that the number of autos imported to Vietnam was only 4,000 units—down by 9.1 percent over last month. The total import value was worth only US$78 million, a month-on-month decline of 18.8 percent.According...

Vietnam's exports could rise 18.2 percent to US$67.5 billion this year, beating a government growth target of more than 6 percent, a state-run newspaper reported on Wednesday.Vietnam's exports between January and August rose 19.7 percent from a year earlier to $44.52 billion, the government said on Tuesday.To reach the annual value of $67.5 billion, businesses need to earn $22.98 billion within the...

Vietnam continues to cooperate with Thailand in promoting the implementation of ASEAN’s goals in building a strong ASEAN community for people in the region, said Vice Chairwoman of the National Assembly Tong Thi Phong.She also affirmed the country’s priority in increasing friendship and multi-faceted cooperation with Thailand while meeting with Pikulkeaw Krairiksh, Head of the Thai Senate’s...

The Cuu Long Joint Operating Company said it has discovered oil and gas at the Su Tu Nau (brown lion) 3X oil field off the southern province of Ba Ria-Vung Tau.The new discovered deposit, which stands 3,000 barrel a day, will help the company increase its production output in the future, a company executive said.Cuu Long JOC is a joint venture between the PetroVietnam Exploration and Production Corporation...

A book featuring Vietnam’s Marriage and Family Law was introduced in Seoul, the capital city of South Korea, on Friday.The book, published in Vietnamese and Korean languages, was translated from Vietnamese into Korean language by Prof. Ahn Hee-wan, Director of the Vietnamese Economic Research Institute and edited by Prof. Bae Yang-soo from the Pusan University of Foreign Studies.At the book launching...