Vietnam Business News

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• National Quality Awards presented to 67 businesses
• Quang Binh attracts more than VND2 trillion from investors
• Two Vietnamese CEO among top 50 businesswomen in Asia
• FDI businesses paying off well in Vietnam
• Vietnamese businesses spend much money on advertisements
• Government bond market in 2013: high demand, high supply
• Vietnam’s insurance market receives more “big players”
• New wave of Japanese SMEs to Vietnam

National Quality Awards presented to 67 businesses Posted: 17 Mar 2013 11:06 PM PDT Sixty-seven Vietnamese businesses were honoured in Hanoi on March 17 recognising their efforts to improve product quality in the integration process. Among award winners, 17 received gold medals and 50 were presented silver medals. Three businesses also won the 2012 Global Performance Excellence Award (GPEA) from the Asia-Pacific Quality Organisation. They were Ba Ria-Vung Tau [...]

Quang Binh attracts more than VND2 trillion from investors Posted: 17 Mar 2013 10:55 PM PDT The central province of Quang Binh has received 17 new investment projects worth over VND2 trillion. Most remarkable is Kim Tin Ltd. Company's Medium-density fibreboard (MDF) wood processing project (VND1.2 trillion). Once in operation, it will generate jobs for hundreds of local labourers to use timber from local forests. The new projects cover 80-90 percent of [...]

Two Vietnamese CEO among top 50 businesswomen in Asia Posted: 17 Mar 2013 10:53 PM PDT Mai Kieu Lien, Chairman and CEO of Vietnam Dairy Products Joint Stock Company (Vinamilk) and Pham Thi Viet Nga, Chairman of DHG Pharmaceutical Joint Stock Co, Ltd have been placed 27th and 31st in the Forbes Asia's 2013 list of 50 Businesswomen In The Mix. Forbes commented that Vinamilk is one of the most profitable brands in Vietnam [...]

FDI businesses paying off well in Vietnam Posted: 17 Mar 2013 10:50 PM PDT In the past two months FDI businesses in Vietnam earned nearly US$11 billion in export revenue. 17 of them exceeded the average level of 58.7 percent, and 14 others boasted up to 60 percent as they focused on producing chemicals, plastics, glass and steel at reasonable prices. In addition, textiles, footwear, bags, wallets, suitcases, umbrellas [...]

Vietnamese businesses spend much money on advertisements Posted: 17 Mar 2013 10:47 PM PDT Vietnamese businesses are still poor with limited financial capability. However, they still spend big money on advertisement campaigns. Marketing means advertisement? The Vietnamese ad market was estimated to have the value of $500 million in 2011. In the first half of 2012, a survey of Kantar Media found that Vietnamese businesses spent $370 million on [...]

Government bond market in 2013: high demand, high supply Posted: 17 Mar 2013 10:44 PM PDT Government bonds have been selling well since the beginning of the year. This remains a favorite investment channel for big institutions and foreign investors in 2013. In principle, when the supply gets profuse, the goods prices would reduce, while buyers may shrink back and cancel their purchase plans. However, this does not happen with the [...]

Vietnam’s insurance market receives more “big players” Posted: 17 Mar 2013 10:42 PM PDT More foreign insurers have come to Vietnam in recent years. Joining forces with domestic partners in doing business is the way many of them have chosen to penetrate the local market. More players …  In early 2013, Sun Life Financial from Canada made its official presence in Vietnam by becoming a partner in PVI Sun [...]

New wave of Japanese SMEs to Vietnam Posted: 17 Mar 2013 10:39 PM PDT A new wave of small and medium Japanese enterprises (SMEs) is expected to enter Vietnam soon, said a Japanese expert at a recent conference. They follow the path set by big Japanese corporations that have been in the countries for decades, said Nakajima Kazuo of Japanese consultancy firm Brain Works Group at "Vietnamese market from [...]

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