Vietnam Business News

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• Real estate values up in outer suburbs
• Vietnam central bank starts scheme to develop monetary market
• Investment in agriculture fails to match sector’s potential
• Vietnam Airlines flies Hong Kong-Da Nang route
• First Vietnamese supermarket to open in Cambodia
• Real estate ranks third in FDI attraction
• Big C opens lucky 13th location
• Agricultural exports top year’s targets
• Hue paves the way for investment

Real estate values up in outer suburbs Posted: 27 Nov 2010 01:42 AM PST Real estate in Ha Noi’s outlying westside will continue to attract development due to improved infrastructure Real estate in Ha Noi’s outlying westside will continue to attract development due to improved infrastructure, said Century Group deputy director Pham Thanh Hung, noting that better road systems in the area, including the new Thang Long and Le Van [...]

Vietnam central bank starts scheme to develop monetary market Posted: 27 Nov 2010 01:41 AM PST The State Bank of Vietnam, the country's central bank, yesterday started a scheme to develop local monetary market by 2020, with a focus on boosting liquidity and short-term capital circulation among market participants. The scheme aims to enhance role of State bank in managing and monitoring the monetary market and create conditions to turn the market [...]

Investment in agriculture fails to match sector’s potential Posted: 27 Nov 2010 01:40 AM PST Agricultural exports help reduce the trade deficit, National Assembly Science, Technology and Environment Committee vice chairman Nguyen Dang Vang told reporters. The public cannot help but worry about the agriculture sector after hearing about the need to import grass. What is the truth? It is true that Viet Nam has to import grass, but it’s not fair [...]

Vietnam Airlines flies Hong Kong-Da Nang route Posted: 27 Nov 2010 01:32 AM PST The national flag carrier, Vietnam Airlines, and Hong Kong's Vietlink International Travel Company on November 26 officially launched a direct air route linking Vietnam's central city of Da Nang and Hong Kong (China). Using Vietnam Airlines' 184-seat Airbus 321 aircraft, these charter flights will operate every Tuesday and Friday from November 26 to May 3. Nguyen Quoc [...]

First Vietnamese supermarket to open in Cambodia Posted: 27 Nov 2010 01:32 AM PST The first Vietnamese supermarket in Phnom Penh Cambodia will open at 717-719 Monivong Street on December 29. This was announced by the Chairman of the Vietnamese Supermarket brand and Deputy Chairman of the Vietnamese Business Association in Cambodia, Seng Meng (Le Minh). The supermarket was build with a total investment capital of US$3 million by the Z38 [...]

Real estate ranks third in FDI attraction Posted: 27 Nov 2010 01:31 AM PST The real estate sector currently ranks third in attracting foreign direct investment (FDI) in Vietnam, according to the Ministry of Planning and Investment's Foreign Investment Agency. By the end of the third quarter this year, foreign investors had disbursed a total of US$8 billion to real estate projects in Vietnam, the Foreign Investment Agency reported at [...]

Big C opens lucky 13th location Posted: 27 Nov 2010 01:30 AM PST Big C Viet Nam on Thursday opened its 13th supermarket in the country in the newly opened Ha Minh Anh shopping centre in Vinh Phuc Province’s Vinh Yen City. About 40,000 products are on the shelves. The US$4 million outlet uses green technology which allows it to use 20 per cent less energy.

Agricultural exports top year’s targets Posted: 27 Nov 2010 01:27 AM PST The total export turnover of agro-forestry and fisheries exceeded the sector’s annual target, hitting US$17.23 billion in the first 11 months of this year, a year-on-year increase of 22.5 per cent, announced the Ministry of Agriculture and Rural Development. At the beginning of the year, the target was set at $16 billion, the ministry said. Major agricultural [...]

Hue paves the way for investment Posted: 27 Nov 2010 01:26 AM PST Thua Thien Hue Province has given more preferential treatment to both domestic and foreign investors in its aim to become a city managed by central government, speakers at a conference said yesterday. More than 250 businesses from HCM City and southern provinces attended the conference, held here by the Thua Thien Hue People’s Committee. Nguyen Van Cao, [...]

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