Vietnam Business News

---

• Raise key interest rates: priority to tame inflation
• Global interest in M&A deals revives
• Investors cast greedy eye on Lao market
• Manufacturers glum despite solid January growth
• Consumers splurge on food, fashion
• Foreign firms securing coffee exports illegally
• Viet Nam continues to be world’s leading pepper exporter
• Bumper year for cash crops
• Binh Duong real estate market promises a lively year
• Aiming for a realty market with real supply & demand

Raise key interest rates: priority to tame inflation Posted: 17 Feb 2011 09:55 PM PST The SBV's move to raise key interest rates including refinance rates and interbank borrowing rates was a bold and decisive decision to combat double-digit inflation, sending its message of tightening monetary policies though it might hurt businesses. Annual inflation hit 12.2% in January and, with the dong devaluation expected to drive prices even higher, economists reiterated [...]

Global interest in M&A deals revives Posted: 17 Feb 2011 09:19 PM PST An increasing number of privately held businesses (PHBs) around the world are planning to grow through mergers and acquisitions, according to the Grant Thornton International Business Report released yesterday. The US business consultancy’s global study at the end of last year found the number of respondents expecting to make an acquisition in the next three years [...]

Investors cast greedy eye on Lao market Posted: 17 Feb 2011 09:13 PM PST Domestic investors are eager to obtain information about the new Lao stock market since the Laos Securities Exchange officially began trading on January 11. The market – which initially opened with only two listed shares, the Bank for Foreign Trade of Laos (BCEL) and EDL Electric Manufacturing Co (EDL-Gen) – has also attracted interest from foreign [...]

Manufacturers glum despite solid January growth Posted: 17 Feb 2011 09:12 PM PST Industrial growth may have spurted to 16 per cent in January but businesses have a litany of complaints about the difficulties they face. On top of their list is the recent decision by the State Bank of Viet Nam to devalue the dong by 9.3 per cent which has hit them hard since they import raw [...]

Consumers splurge on food, fashion Posted: 17 Feb 2011 09:12 PM PST Viet Nam will lead the Asia/Pacific region in three top spending categories for the first six months of this year, according to the latest MasterCard on Consumer Purchasing Priorities. The top three spending categories are Dining and Entertainment, Fashion and Accessories, and Fitness and Well-being. The survey found that well-heeled consumers across the Asia/Pacific region expect dining [...]

Foreign firms securing coffee exports illegally Posted: 17 Feb 2011 09:12 PM PST The Viet Nam Coffee and Cocoa Association (VICOFA) has asked government authorities in coffee growing provinces to clamp down on foreign businesses setting up illegal buying networks. Chairman of the association, Luong Van Tu, told Viet Nam News that coffee prices had surged in recent months, creating fierce competition among buyers. This had affected less cashed-up domestic [...]

Viet Nam continues to be world’s leading pepper exporter Posted: 17 Feb 2011 09:11 PM PST Viet Nam would remain the world’s leading pepper exporter this year, industry’s experts said yesterday. “The total pepper volume could exceed last year’s figure,” Viet Nam Pepper Association chairman Do Ha Nam said. “The total pepper volume this year may reach about 100,000 tonnes, an increase of 5.3 per cent over the last year,” Nam said. “With [...]

Bumper year for cash crops Posted: 17 Feb 2011 09:11 PM PST The global market has turned favourable for Vietnamese exporters of products like rubber, seafood, coffee, cashew and pepper, analysts said. Rubber prices are expected to remain high since demand is forecast to be 11.15 million tonnes against a supply of 10.95 million tonnes, according to the World Rubber Association. Export prices have risen since the beginning of [...]

Binh Duong real estate market promises a lively year Posted: 17 Feb 2011 07:44 PM PST Recent years, people are familiar with buy properties in early year. The move is considered as good start for the whole year. Recent years, people are familiar with buy properties in early year. The move is considered as good start for the whole year. After a successful year, a series of real estate projects in [...]

Aiming for a realty market with real supply & demand Posted: 17 Feb 2011 07:43 PM PST To understand more clearly the realty market in 2010 and trends for 2011, Vietnam Business Forum reporter Luong Tuan interviewed Professor Ph.D Dang Hung Vo, former Deputy Minister of Natural Resources and Environment. Hanoi's real estate market made big changes in 2010 with wide fluctuation in price causing unstable outlook. In your opinion, which is the [...]

You are subscribed to email updates from Vietnam Business News To stop receiving these emails, you may unsubscribe now.	Email delivery powered by Google
Google Inc., 20 West Kinzie, Chicago IL USA 60610