WORDS ON THE STREET 70th anniversary of Hanoi's Liberation Day Vietnam - Asia 2023 Smart City Summit Hanoi celebrates 15 years of administrative boundary adjustment 12th Vietnam-France decentrialized cooperation conference 31st Sea Games - Vietnam 2021 Covid-19 Pandemic
Home / Economy / Industry
Lack of investment dampens publishers
SH 16:19, 2011/07/14
A Thursday national conference o­n the publishing industry has revealed a bleak picture of many state-owned publishing companies.

The Hanoitimes - A Thursday national conference o­n the publishing industry has revealed a bleak picture of many state-owned publishing companies.


During the first half of 2011, 9,567 books with 159,769 million copies have been published, which represents a 113.2 percent year-on-year increase.

Yet there are still many publishers who barely reach their targets such as Thanh Nien and Thanh Hoa Publisher who published o­nly 0.3 percent and 1.6 percent of their initial plan.

Even worse, for half a year now, three state-owned publishers Hong Duc, Nong Nghiep and San Khau have not put out any books or printing products, a report at the conference said.

For Hong Duc, managed by the Vietnam Lawyer’s Association, the current difficulties it has to deal with are not new but have lasted for years, an inside source confirmed.

According to the source, as the publisher is short of investment from the parent organization, it has to struggle with financial constraints and a lack of staff, which leads to its recent poor performance.

Ngo The Ngoc, head of San Khau Publishing House which issues books o­n theatre and dramas, said it plans to print 20 new books this year.

Since all of them will be printed during the latter half of the year, not producing anything since January is not a serious problem, he reasoned.
Other news
15:52, 2024/11/07
Hanoi DigiTech 2024 connects businesses through digital products
The expo offers companies a chance to showcase their tech products and services while seeking strategic partners in e-commerce and digital technology.
14:56, 2024/11/07
Hanoi steps up investment promotion
Hanoi will continue promotion efforts with trade and tourism initiatives to achieve its investment attraction strategies.
15:17, 2024/11/04
Hiring multitaskers: Priority for Hanoi companies
Several sectors experience increased hiring demand in the remaining months of 2024
18:17, 2024/11/03
Hanoi seeks partnerships to build skilled workforce for digital transformation
Vocational training institutions play important roles in developing a quality workforce prepared for large companies.
18:35, 2024/10/30
Hanoi to host Vietnam-Asia Smart City Summit 2024
The summit aims to share best practices and promote cooperation among Vietnam's provinces and cities in building and developing smart cities.
15:53, 2024/10/29
Vietnamese spend $8.9 billion on ecommerce
The total transaction volume in the Jan-Sep period increased by 37.7% compared to the same period last year.