Vietnam Business News

---

• Vietnam targets pharmaceuticals sector
• Distributors forge links to producers
• Vietinbank to buy into Lao bank
• Furniture makers seek tax break
• Dong Thap plans new industrial zones
• Vietnam Air offers e-booking promotion
• Investor attention drawn to Government bonds
• Italian firms urged to invest in Viet Nam
• Pepper exports forecast to double
• Ha Noi real estate reaches bargain prices

Vietnam targets pharmaceuticals sector Posted: 17 Jun 2011 09:19 PM PDT Improving the domestic pharmaceutical industry would be the health sector’s highest priority in the coming years in order to satisfy 70 per cent of the nation’s demand by 2015, said Deputy Minister of Health Cao Minh Quang. Quang made the statement at a workshop held yesterday in Ha Noi by the Ministry of Health, the [...]

Distributors forge links to producers Posted: 17 Jun 2011 09:18 PM PDT A conference held in Ha Noi on Wednesday brought producers and distributors together in an effort to develop long-term business strategies. The participants determined that stronger links between the two groups would create better opportunities for both sides and also protect the rights of consumers, by reducing costs and efficiently delivering goods to customers. Ha [...]

Vietinbank to buy into Lao bank Posted: 17 Jun 2011 09:17 PM PDT Vietinbank plans to buy 30 per cent of the shares in the initial public offering of the Development Bank of Laos, which has a charter capital of about US$30-40 million. Vietinbank hopes to become a strategic shareholder of the Lao bank and also aims to open new branches in both Laos and Germany. Vietinbank’s total [...]

Furniture makers seek tax break Posted: 17 Jun 2011 09:17 PM PDT The Viet Nam Timber and Forest Products Association said its members proposed a tax reduction on timber used to make furniture. A detailed proposal would be sent to the Ministry of Finance (MoF) next week, the association said. The MoF previously issued a dispatch asking for a tax increase of up to 20 per cent [...]

Dong Thap plans new industrial zones Posted: 17 Jun 2011 09:16 PM PDT The Government gave a green light to the Cuu Long (Mekong) Delta province of Dong Thap to establish five new industrial zones covering a total area of 850ha in the 2015-20 period. Planned new zones will include Ba Sao (150ha), Tan Kieu (150ha), Truong Xuan-Hung Thanh (150ha), High-tech IZ (250ha) and Song Hau 2 (150ha). [...]

Vietnam Air offers e-booking promotion Posted: 17 Jun 2011 09:15 PM PDT Vietnam Airlines announced a new promotion programme for customers using online booking services in co-operation with Vietinbank, Eximbank, VIB, ACB and Techcombank. Passengers who book and purchase air tickets using credit cards from June 24 to 26 will enjoy discounts on some international flights to destinations such as Singapore, Kuala Lumpur, Bangkok and Hong Kong. [...]

Investor attention drawn to Government bonds Posted: 17 Jun 2011 09:14 PM PDT Investors have shown a growing interest in Government bonds since late May, according to bidding results posted by the Ha Noi Stock Exchange. “The success could be attributed to the fact that banks were nearing their credit limitation of 20 per cent,” said deputy general director Luu Nguyen Chi Nhan of Sai Gon – Ha [...]

Italian firms urged to invest in Viet Nam Posted: 17 Jun 2011 09:13 PM PDT Vietnamese Ambassador to Italy Dang Khanh Thoai called on Italian businesses to make further investments in Viet Nam during a business conference held in Milan on Thursday. The ambassador noted that Viet Nam had always been a reliable partner for Italy, referring to the country’s economic status, investment climate, and as yet untapped business opportunities. [...]

Pepper exports forecast to double Posted: 17 Jun 2011 09:12 PM PDT Pepper exports were likely to double last year’s figure to reach US$766 million this year, forecast the Ministry of Agriculture and Rural Development (MARD). The prediction was made because the world currently has a limited supply of pepper. The International Pepper Community (IPC) previously forecasted that this year’s global pepper production would fall by 6,500 [...]

Ha Noi real estate reaches bargain prices Posted: 17 Jun 2011 09:12 PM PDT Ha Noi real estate was approaching true value, a chance to buy a house or an apartment, according to investors and real estate salesmen. “I decided to buy two lots of land in the Kim Chung-Di Trach New Urban Area in Hoai Duc District for VND42 million (US$2,000) a square metre, lower than VND57 million [...]

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