A programme to buy 500,000 tonnes of rice for temporary reserves has increased the price of paddy by VND250-300 per kilo in the Mekong Delta, according to the Viet Nam Food Association. Dried paddy price is selling for VND5,000-5,200 per kilo in An Giang Province, and VND5,000-5,100 a kilo in Dong Thap, Vinh Long and Tien Giang provinces. After seven days of implementation of the programme, companies have purchased about 10-15 per cent of the reserve quantity.
Nhan Dan (The People)
Viet Nam, India strengthen co-operation
Economic, trade and investment relations between Viet Nam and India have developed rapidly in the past years, a conference in Ha Noi heard yesterday.
Bilateral trade had reached US$3.9 billion in 2011, quadruple the figure of five years ago. It reached $1.89 billion in the first half of this year. Viet Nam-India trade has a stable legal framework, and India has recognised Viet Nam as a market economy.
Organised by the Diplomatic Academy of Viet Nam and the Indian Embassy in Ha Noi, the event marked the 40th anniversary of Viet Nam-India diplomatic ties and five years of strategic partnership between the two countries.
Lao Dong (Labour)
Khanh Hoa attracts $205 million in FDI
The south central province of Khanh Hoa granted investment certificates to four foreign investment projects in the first half of the year, worth a total of US$185.6 million, according to the province's Department of Planning and Investment.
For the period, investors registered to increase investment capital of more than $20 million in existing projects, the department said. The province has also revoked investment certificates for two FDI projects because of market difficulties faced by investors.
Dau Tu (Viet Nam Investment Review)