Monday, February 11, 2013

Vietnam Business News

Vietnam Business News

Minister talks measures to solve financial issues

Posted: 10 Feb 2013 07:57 PM PST

Finance Minister Vuong Dinh Hue has affirmed that the concerted combination of fiscal and monetary policies will help remove difficulties for businesses and accelerate corporate restructuring and the implementation of the 2013 budget goals. In his New Year interview granted to the Vietnam News Agency, the minister said that over the past time, in addition [...]

Vietnamese economy: looking back and looking forward

Posted: 10 Feb 2013 07:55 PM PST

The year 2012 ended with mixed results about Vietnam's economic performance. Dr Tran Du Lich, a National Assembly deputy from Ho Chi Minh City, looked at how Vietnam fared last year and the challenges facing the country in the year ahead. The year 2012 is the fifth consecutive year that Vietnam has experienced economic instability [...]

Power of simplicity and resolute action

Posted: 10 Feb 2013 07:54 PM PST

Mai Kieu Lien, chairwoman cum director general of Vietnam Diary Products Joint Stock Company (Vinamilk), attributes her strength to simplicity in words and resolution in action. While several businesses are making great fuss of the hardships in the present economic crisis, Lien led Vinamilk to enter the list of largest businesses in the Asia-Pacific region [...]

Bringing Vietnamese tea to the world

Posted: 10 Feb 2013 07:53 PM PST

Vietnam's tea for export is one of the nation's three rising agricultural products in 2012, with a total turnover of around $227 million from 148 thousand tons of exported tea. According to the Vietnam Tea Association (Vitas), the average price was $1,524 per ton, up 0.2 percent from the previous year. Vitas President Doan Anh [...]

SBV Governor would be on a “hot seat” in 2013

Posted: 10 Feb 2013 07:52 PM PST

Observes have commented that the unsettled big problems would put a heavy burden o­n the Governor of the State Bank-Nguyen Van Binh o­n the next year of his term. Binh is believed to deserve credit for keeping the dong/dollar exchange rate stabilized over the last two years. He has also successfully eased the interest rates [...]

FDI pours into northern localities

Posted: 10 Feb 2013 07:52 PM PST

Foreign direct investment (FDI) capital in northern provinces and cities has increased considerably in recent times, hitting nearly half of the country's 2012 total. The Foreign Investment Agency (FIA) reports that six northern localities (Hanoi, Haiphong, Bac Ninh, Bac Giang, Quang Ninh, and Hung Yen) were among the country's top ten FDI attractors last year. [...]

Deloitte upbeat about Vietnam’s competitiveness

Posted: 10 Feb 2013 07:50 PM PST

Vietnam will be one of the 10 most competitive nations in the world in the next five years, according to a study by Deloitte Touche Tohmatsu Limited and the US Council on Competitiveness. US-based Deloitte Touche Tohmatsu Limited which specialises in audit, consulting, financial advisory, risk management and tax, and the US Council on Competitiveness [...]

VietJetAir opens HCM City-Bangkok route

Posted: 10 Feb 2013 07:49 PM PST

The budget carrier VietJetAir officially opened its first international route linking Ho Chi Minh City and Thailand's capital city of Bangkok on February 10. With the new service, VietJetAir has become Vietnam 's first holdings airlines joining the international aviation market. According to VietJetAir Business Development Director Desmond Lin, the flight will depart from HCM [...]

Pepper production – something of a paradox

Posted: 10 Feb 2013 06:53 PM PST

While most of agricultural products went down in price last year, pepper exports continued paying off well with net turnover increasing by nearly 10 percent and market prices rising by roughly 16 percent. However, the pepper sector is facing a steady decline in output. According to the Ministry of Agriculture and Rural Development (MARD), Vietnam [...]
at

No comments:

Post a Comment