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Update news export turnover
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The consumer price index (CPI) decrease in May is the indicator showing the weak aggregate demand in the national economy which needs to be stimulated to recover the economic growth.
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Big enterprises can still earn money without doing anything, by selling the rights to export rice to the unlicensed enterprises. The rice export right market gets more bustling.
Seafood and garment exporters have confirmed that orders have come in rapid fire since the beginning of the year.
The government has decided that rice exporters would buy 2 million tons of husky rice from farmers. However, the effort by the government cannot ensure profits for farmers.
The Ministry of Industry and Trade (MOI) has issued a series of documents, allowing some local enterprises exporting raw materials to help reduce the inventories.
It is highly possible that the State Bank of Vietnam would not make commitments on a fixed maximum depreciation of the local currency in 2013, but a flexible exchange rate policy would be pursued.
VietNamNet Bridge – Vietnam, for the second time in history, witnessed a trade surplus of $284 million in 2012, or 20 years after the first time. However, the achievement has not been applauded by economists.