Vietnam Business News

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• Businesses to promote consistency, transparency
• Vietnam Airlines reaching new targets
• HCM City pledges support for Japanese businesses
• Rethinking FDI: ALL ABOARD?
• Northern Hai Duong province improving investment environment
• Vietnam trade deficit likely at $8.16B in Jan-Aug
• Vietnam central province faces 28.8% tourism loss due to climate change
• Rubber export sees positive signals
• Partnership with Japanese business by JICA supports at “METALEX Vietnam” Forum #11
• Vietnam: high potential, high risks

Businesses to promote consistency, transparency Posted: 28 Aug 2010 11:22 AM PDT How to build consistency and transparency in business was discussed at a workshop in Ho Chi Minh City on August 27. The workshop was organised by the Vietnam Chamber of Commerce and Industry (VCCI) in coordination with the network Global Compact Vietnam. Attending the event were representatives of domestic and foreign businesses, non-governmental organisations, and business associations. Delegates [...]

Vietnam Airlines reaching new targets Posted: 28 Aug 2010 11:22 AM PDT Vietnam Airlines Corporation has confirmed its leadership in the Vietnamese aviation market for years. In the context of the global economic crisis, the national flag carrier's growth remained stable, proven by opening of new routes and modernisation of its aircraft fleet. VNA targets to become the Number 2 airline in Southeast Asia by 2020. Reaching out The [...]

HCM City pledges support for Japanese businesses Posted: 28 Aug 2010 11:22 AM PDT HCM City is committed to creating a favourable business environment and a transparent legal framework for Japanese businesses, says a municipal official. Nguyen Trung Tin, Vice Chairman of the Municipal People's Committee made the commitment at a roundtable conference between the committee and the Japan Business Association (JBAH) on August 26. Mr Tin highlighted the great contribution [...]

Rethinking FDI: ALL ABOARD? Posted: 28 Aug 2010 11:22 AM PDT As foreign capital inflows reach new records each year, Vietnam needs to reconsider its cost-benefit analysis in FDI policy. In the first seven months of 2008, Vietnam has attracted $45.3 billion of foreign direct investment, almost four times the amount registered in the same period last year and more than double the $21.3 billion inflow recorded [...]

Northern Hai Duong province improving investment environment Posted: 28 Aug 2010 11:22 AM PDT Soon after Hung Yen, Hai Duong is the second locality of the country to establish Representative of Employers and the Provincial Employer Council. This confirms the determination of government as well as enterprises in improving the labor environment and increasing competitiveness of enterprises and the locality. Vietnam Business Forum's reporter had an interview with Ms Nguyen [...]

Vietnam trade deficit likely at $8.16B in Jan-Aug Posted: 28 Aug 2010 09:21 AM PDT Vietnam's trade deficit is estimated at $900 million in August, widening the country's eight-month gap to $8.16 billion, according to the government's General Statistics Office. The Jan-Aug deficit has made up 18.33% of the country's total exports in the period, compared to the National Assembly's full-year cap of 20%, the GSO said. Excluding exports of gold products, [...]

Vietnam central province faces 28.8% tourism loss due to climate change Posted: 28 Aug 2010 09:13 AM PDT Vietnam's central province of Thua Thien-Hue is facing a 28.8% loss in tourism revenues if the sea water level increases by one meter, warned the National Center for Hydro-Meteorological Forecasting. A series of beautiful beaches in the province is in high risk of disappearance in next tens of years, including Tu Hien Beach, Dong Duong Ham [...]

Rubber export sees positive signals Posted: 28 Aug 2010 09:04 AM PDT Rubber export situation of Vietnam has seen positive signals over the same period in 2009, a 2.3% increase in volume and a 92.4% increase in value. In the first week of August 2010, natural rubber prices are up compared to July 2010 as Chinese importers went back to the market in seeking supply sources after decreased [...]

Partnership with Japanese business by JICA supports at “METALEX Vietnam” Forum #11 Posted: 28 Aug 2010 09:04 AM PDT If you wish to explore your production potentials and broaden your business possibilities especially with Japanese enterprises, don't miss "METALEX Vietnam" Forum #11 on this Thursday 9th September 2010 during 14.00–16.00 hrs., at Ballroom, Sheraton Saigon Hotel & Towers, Ho Chi Minh City, Vietnam. As a series of special conferences featuring keynote speeches from honorable speakers [...]

Vietnam: high potential, high risks Posted: 28 Aug 2010 09:04 AM PDT More than three decades after the end of the Vietnam War, the once-battered country is now one of the most dynamic and promising economies in Southeast Asia. Vietnam’s stock market — comprising the Ho Chi Minh Stock Exchange and the Hanoi Stock Exchange — is now a decade old, boasting almost 600 listed companies with a [...]

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