Wednesday, December 7 2016

VietNamNews

Car imports set a new record

Update: September, 01/2015 - 09:57
The volume of imported cars reached 74,000 in the first eight months of the year, a 100 per cent increase year-on-year, according to the General Statistics Office.

This is the highest number recorded over the last five years. The import value was US$1.9 billion, a rise of $332 million compared to 2014 and $1.2 billion compared to 2013.

Domestic sales could hit 200,000 vehicles for the entire year as auto consumption usually improves by year-end.

Car and spare part imports increased 80.2 per cent year-on-year in the first eight months, reaching $3.8 billion.

Nguoi Lao Dong (Labourer)

Ca Mau lacks seafood to process

Ca Mau's Association of Seafood Exporters and Producers said provincial seafood processing factories were facing a severe shortage of raw materials for exports, particularly shrimp. The province's seafood processing capacity for exports reached 190,000 tonnes per year, resulting in demand for 260,000 tonnes of seafood raw materials. However, only 175,000 tonnes of raw materials were supplied last year.

Seafood companies had to import a huge volume of raw materials from other Asian countries.

Tin Tuc (The News)

Thai company opens parity shop in VN

The Thailand's Central Group, a franchisee of Japan's Komonoya brand, opened its fourth parity shop in HCM City last Saturday.

After one year of doing market research, the group opened four shops in Ha Noi and HCM City. It is expected to open six more shops between September and March next year. Komonoya is a chain of parity shops selling household goods, stationary and accessories.

Tuoi Tre (The Youth)

Counterfeit currency rises by 9.45%

The volume of counterfeit money seized through the banking system and the State Treasury of Vietnam in the first half of the year increased by 9.45 per cent against the same period last year, according to the State Bank of Viet Nam (SBV) data.

Fake polymer bills can be easily identified by hand and eye through faint images and a security strip.

SBV recommended that consumers become aware of security features of authentic money and check the cash carefully during their transactions.

Dau Tu (Viet Nam Investment Review)

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