Vietnam Business News

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• TV enterprises try to block telcos’ way
• Pizza war in high tide
• Fear about electricity shortage blazed up
• France-Vietnam Business Forum to be launched
• Central coast told to enhance tourism
• Vietnam sees investment prospects in Cambodia
• Import tax on used cars to rise by 20 per cent
• FPT enjoy 5 percent leap in profits this year
• Agriculture sector needs revolution
• Hanoi stops considering proposals of building commercial housing up to end of 2014

TV enterprises try to block telcos’ way Posted: 22 Mar 2013 11:54 PM PDT The strong infrastructure system and the experience in market development of telecom groups will make them the redoubtable rivals to the existing cable TV service providers, including the national VTV. The biggest advantage of the existing TV enterprises lies in the content production. Meanwhile, this proves to be the biggest disadvantage of telecom groups once [...]

Pizza war in high tide Posted: 22 Mar 2013 11:49 PM PDT The joining of Domino's Pizza and The Pizza Company is believed to break the dominance of Pizza Hut on the Vietnamese market. Pizza Hut, developed in Vietnam by IFB Holdings (Vietnam) and Jardine Restaurant Group (Hong Kong) turned up in Vietnam in 2007. After that, many other big guys have also flocked to the country, [...]

Fear about electricity shortage blazed up Posted: 22 Mar 2013 11:42 PM PDT The precocious summer this year with the sun turning up right in early March has led to the higher than expected electricity consumption. This, plus the drought attacks in many localities both have put a hard pressure on the electricity supply in the 2013 dry season. According to the Electricity of Vietnam (EVN), the group [...]

France-Vietnam Business Forum to be launched Posted: 22 Mar 2013 11:39 PM PDT A business forum to be joined by French and Vietnamese businesses, France-Vietnam Business Forum 2013, will be launched over April 7-11 in Rex Hotel in Ho Chi Minh City. The event, which will kick-start some 40 economic activities during 2013, is the highlight of a series of activities held to celebrate the 2013-2014 Vietnam-France Year, [...]

Central coast told to enhance tourism Posted: 22 Mar 2013 11:38 PM PDT The central coastal region of Viet Nam should enhance its sea tourism potential and natural resources to attract investment and development, said Nguyen Ba Thanh, Head of the Central Coastal Regional Coordination Board cum Head of the Central Internal Affairs Committee. Thanh told a two-day conference on investment in the central coastal region yesterday that [...]

Vietnam sees investment prospects in Cambodia Posted: 22 Mar 2013 11:35 PM PDT Vietnamese businesses have bright prospects for investing in Cambodia in 2013 and the years to come. Vietnamese business representatives shared this view at an annual meeting hosted by the Vietnamese Embassy in Phnom Penh on March 21. The participants said that Vietnamese businesses should make greater efforts to improve their position amongst foreign investors in [...]

Import tax on used cars to rise by 20 per cent Posted: 22 Mar 2013 10:39 PM PDT Starting from April 28, import taxes on used cars of nine seats or less, with a cylinder capacity of less than 1,500cc, will increase by 20 per cent compared to the exiting rate. According to a new decree issued by the Ministry of Finance, the import tax imposed on used cars with a cylinder, capacity [...]

FPT enjoy 5 percent leap in profits this year Posted: 22 Mar 2013 10:35 PM PDT Software giant FPT posted a revenue of 3.5 trillion VND – a 5 percent increase – in the first two months of this year. The corporation’s pre-tax profit reached 326 billion VND, achieving 100 percent of its two-month plan. Its after-tax profit stood at 270 billion VND. Shareholders are due to meet in Hanoi early [...]

Agriculture sector needs revolution Posted: 22 Mar 2013 07:56 AM PDT Forecast and strategies for farm produce development amid tough competition and sustainable growth for the agriculture industry will be the main topics of the Vietnam Agricultural Outlook Conference 2013 (Outlook 2013) set to take place on April 4. The organizers, the Center for Agricultural Policy Consulting and the Institute of Policy and Strategy for Agricultural [...]

Hanoi stops considering proposals of building commercial housing up to end of 2014 Posted: 22 Mar 2013 07:55 AM PDT Hanoi stops to consider proposals for building commercial housing from now to Dec 31, 2014, the Hanoi People Committee said in its recent report. This morning [Mar 22], Hanoi People committee held a conference on removing difficulties for enterprises with participation of local businesses' representatives, city leaders and banks to find thesolutions to restore production and trading. Under the report, Hanoi has applied a number of solutions [...]

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