Vietnam Business News

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• Consumers need to be wary of counterfeit goods
• Developing human resources in southwestern region
• Thai is top foreign visitors to Hue
• 700 more businesses invest in Binh Phuoc
• Introducing Vietnam investment opportunities in Hong Kong
• No tax applied for two product groups from Laos, Cambodia
• TransUnion penetrates Vietnamese market
• Vietnam contractors – capacity and cooperation opportunities
• Call to punish speculators who unsettle domestic stock markets
• Farmers abandon costly tra fish

Consumers need to be wary of counterfeit goods Posted: 04 Dec 2010 06:33 AM PST About 62 percent of consumers buy counterfeit goods without being aware they are false according to the recent survey conducted by the Vietnam Standard and Consumer Association (Vinastas). The demand for goods at the end of this year is increasing rapidly creating an excellent opportunity for business to boost production and marketing but it also allows [...]

Developing human resources in southwestern region Posted: 04 Dec 2010 06:29 AM PST A seminar on human resources development in the southwestern region in 2011-2020 was held in Can Tho on December 4 by the Ministry of Planning and Investment. The Mekong Delta region comprising 13 cities and provinces is the nation's key agricultural and seafood zone. It has a population of 17.7 million, including nearly 10 million people [...]

Thai is top foreign visitors to Hue Posted: 04 Dec 2010 06:29 AM PST More and more visitors from Thailand are traveling to Hue via the West-East Economic Corridor. The number of Thai visitors to Hue increased from 4.7 percent in 2005 to 24 percent in 2010, putting them at the top of the list of foreign arrivals in Hue. As many as 6,000 Thai visitors arrived in Hue in [...]

700 more businesses invest in Binh Phuoc Posted: 04 Dec 2010 06:28 AM PST Binh Phuoc has attracted nearly 700 businesses that have invested nearly US$388 million in the province since early this year, a year-on-year increase of more than 50 percent. The provincial People's Committee said that more than 3,000 businesses with a combined investment capital of more than US$1,600 million are operating in the province. To attract more investment, [...]

Introducing Vietnam investment opportunities in Hong Kong Posted: 04 Dec 2010 06:28 AM PST Vietnam attended the International Small-and Medium-Sized Enterprises Fair in Hong Kong from December 2-4 to promote its image and potential as well as cooperation and investment opportunities in the country. Visitors were provided with information and publications on Vietnam's investment environment, human potential, and socio-economic conditions as well as opportunities for foreign investors, especially small-and medium-sized [...]

No tax applied for two product groups from Laos, Cambodia Posted: 04 Dec 2010 06:27 AM PST The Minister of Industry and Trade (MoIT) has issued two circulars regulating the 2010 and 2011 quotas for products imported from Laos and Cambodia that will not have import taxes levied on them. Accordingly, rice and dry tobacco exported to Vietnam from Cambodia with custom declarations from November 11, 2010 to December 31, 2011 and from [...]

TransUnion penetrates Vietnamese market Posted: 04 Dec 2010 06:27 AM PST TransUnion, the leading global company in credit and information management, announced on December 4 that it received an investment license to establish a branch in Vietnam. The Chicago based company now has branches in 25 countries around the world. TransUnion works with businesses to gather, analyse and deliver information that will help them improve efficiency, manage risk, [...]

Vietnam contractors – capacity and cooperation opportunities Posted: 04 Dec 2010 06:27 AM PST This is the theme of a seminar on the sidelines of the 4th International Trade Fair for Construction & Building – Machinery, Equipment, Materials, Vehicles, Technology & Services (Conbuild Vietnam 2010). At the seminar, General Secretary of the Vietnam Association of Construction Contractors (VACC), Vu Gia Quynh said that the seminar provides a good chance for [...]

Call to punish speculators who unsettle domestic stock markets Posted: 04 Dec 2010 06:25 AM PST Strict punishment was necessary to stop speculation, illegal price rises and to prevent deliberate rumours having a negative impact on domestic markets. This was one of the suggestions made at an online meeting yesterday, Dec 3, chaired by the deputy Prime Minister, Hoang Trung Hai. According to ministries and agencies, gold and dollar price hikes are often [...]

Farmers abandon costly tra fish Posted: 04 Dec 2010 06:24 AM PST The export prices of tra fish will continue to increase next year due to a severe shortage of the supply, the seafood industry association has said. Duong Ngoc Minh, deputy chairman of the Viet Nam Association of Seafood Exporters and Producers (VASEP), said: “Output has decreased by as much as 70 per cent this year since [...]

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