Friday, April 8, 2011

Vietnam Business News

Vietnam Business News

Thai investors start turning to Viet Nam

Posted: 07 Apr 2011 11:09 PM PDT

Higher production and salary costs as well as a stronger baht have caused the Thai business community to think more aggressively about investing in Viet Nam. Representatives of about 40 Thai businesses paid a visit to southern Binh Duong Province yesterday to seek investment and co-operation opportunities in the country. Many Thai companies think this [...]


Stock investors eye commodities exchanges

Posted: 07 Apr 2011 11:07 PM PDT

Truong Hai has been an active stock investor since 2005 and is a VIP client of a number of major securities firms in HCM City. But he’s been prepared to give up on the domestic stock market for some time. “The unexpected, random volatility of the stock market has become tiresome, and a lot of [...]


Branding key to winning battle for talents

Posted: 07 Apr 2011 11:06 PM PDT

Enterprises will have to compete harder to attract and retain talented staff in the years to come, and building up a good employer brand will give them an edge, according to head hunter Navigos Search. Releasing the results of its new survey on “Employer Branding” yesterday, the company listed four criteria that employees looked for [...]


Exporters urged to target Asia markets

Posted: 07 Apr 2011 11:06 PM PDT

Domestic exporters should capitalise on the rising import growth rates of Asian countries and boost exports to those markets, deputy minister of Industry and Trade Nguyen Thanh Bien said yesterday. Addressing the 2011 Export Promotion Forum, Bien said that the yearly import growth rates of China and India were currently 18-23 per cent, and were [...]


Gold traders seek to stabilise market

Posted: 07 Apr 2011 11:06 PM PDT

The Viet Nam Gold Traders Association (VGTA) has officially submitted to Prime Minister Nguyen Tan Dung a package of measures to stabilise the domestic gold market, including a proposal not to ban gold bullion trading and to allow account trading. The association also suggested the Government reduce the number of gold traders in the country. [...]


Tra fish industry must restructure

Posted: 07 Apr 2011 11:05 PM PDT

There’s a saying among Mekong Delta farmers: tra fish can spawn land. However, at the same time, it can eat it up. The local saying testifies to the harsh reality of a highly risky business that can either bring farmers’ fortune or take away all their property. The tra fish industry in the Mekong Delta [...]


Mining activities to be inspected at PM’s request

Posted: 07 Apr 2011 11:04 PM PDT

Prime Minister Nguyen Tan Dung has asked all local governments to inspect mining activities throughout the country. The decision was made after the accident at Len Co quarry in the central province of Nghe that killed 18 workers and injured six. The PM told local governments to shut down mines that violate labor safety rules. [...]


Not much time left for Vietnam to develop logistics

Posted: 07 Apr 2011 11:04 PM PDT

Vietnam does not have much more time to improve their logistics services in order to prepare for the stiff competition that will occur when Vietnam has to open the logistics market to foreign companies. Vietnam now has 49 ports and 217 wharfs. However, many of them still cannot meet international standards, while Vietnam still lacks [...]


Plenty of investment opportunity in Laos and Cambodia

Posted: 07 Apr 2011 11:02 PM PDT

Laos and Cambodia introduced a series of investment projects to Vietnamese enterprises at a recent conference hosted by Vietnam-Laos-Cambodia Economic Development and Cooperation Association (VILACAED) in Hanoi. The Head of Economic Development and Cooperation Committee with Cambodia Le Van Tuy said among major projects calling for investment in Cambodia, of the most noteworthy are the [...]


Businesses to benefit from Vietnam-EU Free Trade Agreement

Posted: 07 Apr 2011 11:01 PM PDT

Both Vietnamese businesses and EU companies operating in Vietnam will benefit from the Vietnam-EU Free Trade Agreement (FTA), which is expected to be signed in the coming time. Truong Dinh Tuyen, former Trade Minister, made the comment at a seminar in Hanoi on April 7 on opportunities and challenges for FDI businesses in Vietnam when [...]


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