Vietnam Business News

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• Vietnam pepper prices fall on ample global supply
• Lack of FDI control poses risks to Vietnam economy
• Vietnam firm plans VND600B limestone processing plant
• Vinacafe to invest $50M to grow coffee by 2012
• Real estate trends indicate positive year end
• Agricultural, forestry and fisheries exports continue to rise
• Knight Frank appointed as exclusive leasing and marking agent for CharmVit Tower
• Vietcombank to arrange $1B for EVN power projects
• Vietnam stock market to move sideway in next quarters
• Overcoming shortcomings in food safety and hygiene

Vietnam pepper prices fall on ample global supply Posted: 13 Aug 2010 04:27 PM PDT Export prices of Vietnamese pepper have fell since early Aug due to increasing supply from Indonesia and Malaysia, said the Vietnam Pepper Association. Black pepper is offered at $3,800 a ton while prices of white pepper are between $5,500 and $5,800 a ton, the association said. At domestic market, pepper prices fell to VND64 million ($3,368) a [...]

Lack of FDI control poses risks to Vietnam economy Posted: 13 Aug 2010 03:38 PM PDT Inability to control FDI flows poses risks to Vietnam financial safety, deepens the dollarization in Vietnam and even disables exchange rate policy, said Vu Dinh Anh. Inability to control FDI flows poses risks to Vietnam financial safety, deepens the dollarization in Vietnam and even disables exchange rate policy, the state –run online newspaper VnEconomy reported [...]

Vietnam firm plans VND600B limestone processing plant Posted: 13 Aug 2010 03:15 PM PDT Vietnam's Dong Bac Coal and Minerals Investment JSC plans to build a limestone processing plant worth VND600 billion ($31.41 million) in the central province of Quang Binh. The plant to be built on 20 hectares of Kim Hoa commune, Tuyen Hoa district will churn out high-quality baked lime and limestone products to serve for aluminum production, [...]

Vinacafe to invest $50M to grow coffee by 2012 Posted: 13 Aug 2010 03:02 PM PDT The Vietnam National Coffee Corporation (Vinacafe) will invest $50 million to grow new coffee trees from now to 2012, said the company's Deputy Director Nguyen Van Truong. Vinacafe must improve its coffee trees' quality as more than 11,000 hectares of coffee, or 55% of the total cultivated area, are old and low quality, Truong was cited [...]

Real estate trends indicate positive year end Posted: 13 Aug 2010 02:54 PM PDT Would there be any positive changes in the domestic real estate market and the shares of real estate companies in the near future? Would there be any positive changes in the domestic real estate market and the shares of real estate companies in the near future, was the question that occupied many investors at a workshop [...]

Agricultural, forestry and fisheries exports continue to rise Posted: 13 Aug 2010 02:34 PM PDT The value of agricultural, forestry and fisheries exports in July is estimated to reach 1.53 billion dollars, bringing total export turnover for the first 7 months this year up to 10.13 billion, an increase of 14.21% over the same period of 2009 according to a report by the Ministry of Agriculture and Rural Development. Agricultural, forest [...]

Knight Frank appointed as exclusive leasing and marking agent for CharmVit Tower Posted: 13 Aug 2010 02:33 PM PDT Knight Frank Vietnam has officially been named the exclusive leasing and marketing agent for Charm Vit Tower in Hanoi, Vietnam. Charm Vit Tower is a 45,000 square meters grade A office building, offering excellent quality business accomodations. Owned by Hanoi Plaza Hotel Co., Ltd – Charmvit Group, Charmvit Tower is ideally located at 117 Tran Duy [...]

Vietcombank to arrange $1B for EVN power projects Posted: 13 Aug 2010 02:29 PM PDT Vietnam Commercial Joint Stock Bank of Foreign Trade (VCB) or Vietcombank has pledged to arrange nearly $1 billion for power projects invested by the state-run Electricity of Vietnam Group (EVN), said the bank's General Director Nguyen Phuoc Thanh. The bank also committed to be a leading capital arranger for EVN's projects in the next years, Thanh [...]

Vietnam stock market to move sideway in next quarters Posted: 13 Aug 2010 02:26 PM PDT The stock market of Vietnam is likely to move sideway in several coming quarters after suffering strong fall in recent sessions, said Pham Thanh Binh, director of Research and Analysis Division of PetroVietnam Securities JSC (PSI) at a seminar on August 9. The weak momentum is attributed to limited cash flows, weak foreign investment, share oversupply [...]

Overcoming shortcomings in food safety and hygiene Posted: 13 Aug 2010 02:26 PM PDT Over the past years, the management, check and surveillance work of food safety and hygiene in the country has gained active changes. However, almost all of the people are experiencing anxiety as a series of violations on food safety such as toxic substance-contained melon seeds, addled fat, luminescent sweets have been reported these days. According to [...]

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