The Business Times: Local firms seek investment in US supermarket chains

---

• Local firms seek investment in US supermarket chains
• Coffee growers receive preferential credit loans
• How much is VAMC’s bond?
• Tax code reforms to decipher dependents
• Nearly 90% Vietnamese SMEs upbeat in business prospects
• Glass half full with FPT profit
• State Bank package fires property market
• More staff recruited by realty brokerage firms
• Investors eye up industry potential
• Interest rates unlikely to drop further

Local firms seek investment in US supermarket chains Posted: 18 May 2013 11:36 PM PDT The HCM City branch of the Vietnam Chamber of Commerce and Industry (VCCI) organized a seminar on May 18 to introduce investment opportunities in US supermarket chains. Participants were given information on socio-economic development in the US and its import-export policies, making it possible for Vietnamese businesses to access opportunities to profit in the world's [...]

Coffee growers receive preferential credit loans Posted: 18 May 2013 11:34 PM PDT Coffee growers will be provided preferential credit loans worth VND 8,000-10,000 billion from now to 2016, including more than VND3,099 billion for those in the Central Highland province of Lam Dong. The information was released by Governor of the State Bank of Vietnam (SBV) Nguyen Van Binh at a recent conference held in Lam Dong [...]

How much is VAMC’s bond? Posted: 18 May 2013 11:31 PM PDT The Vietnam Asset Management Company (VAMC), a powerful legal entity established to restructure the bad debts, would issue bonds to deal with the debts. What analysts are most interested in now is how much the bond and how high the interest rates will be. VAMC, as designed by the State Bank of Vietnam, has the [...]

Tax code reforms to decipher dependents Posted: 18 May 2013 08:18 PM PDT HA NOI (VNS)— People who are dependent on personal income tax payers will be given their own tax codes to avoid people lodging claims as dependents of more than one taxpayer. The move would help tax officers verify the accuracy of tax returns and reduce tax fraud, said Nguyen Van Phung, vice head of the [...]

Nearly 90% Vietnamese SMEs upbeat in business prospects Posted: 18 May 2013 08:14 PM PDT VGP – Around 89% of Vietnamese small and medium-sized enterprises (SMEs) would continue to pursue a business career if they had a chance to redo things, according to Regu. In its latest survey, the world's largest provider of work places reported that the Viet Nam's index is higher than the global average one of 85%. [...]

Glass half full with FPT profit Posted: 18 May 2013 08:14 PM PDT FPT's profit hit an acceptable level during 2013's first four months. After 4 months, the group’s revenue hit VND7.618 trillion ($366.25 million), or 106 per cent of the 4-month plan, equivalent to 28 per cent of the whole year plan. Its pre-tax profit reached VND760 billion ($36.5 million), accounting for 101 per cent of the [...]

State Bank package fires property market Posted: 18 May 2013 08:05 PM PDT HCM CITY (VNS)— Property developers are beginning to sell apartments in anticipation of the State Bank’s credit package of VND30,000 billion (US$1.5 billion) for builders, the Sai Gon Giai Phong ( Liberated Saigon) newspaper reported. One developer, the Thuy Loi 4A Property Investment Joint Stock Co, for example, showed a sample apartment in its Hyco4 [...]

More staff recruited by realty brokerage firms Posted: 18 May 2013 08:05 PM PDT HCMC – Regardless of the current woes faced by the real estate market, many realty brokerage firms are racing to recruit more staff to expand operations and deploy new business plans to approach customers and market products more effectively. Since early this year, several property brokerage companies have focused on recruiting employees to execute new [...]

Investors eye up industry potential Posted: 18 May 2013 07:58 PM PDT HA NOI (VNS) — More local and foreign investors are seeking investment opportunities in the country’s industrial, economic and export processing zones – underlining the need for these zones to improve their internal infrastructure. The assessment was made by head of the Ministry of Planning and Investment’s Foreign Investment Agency Do Nhat Hoang. Over the [...]

Interest rates unlikely to drop further Posted: 18 May 2013 07:56 PM PDT Interest rates may not be lowered for fear that local consumers will stop depositing their money in banks. Ngo Quang Luong, a senior official from the State Bank of Vietnam (SBV), said at a recent seminar that the Bank for Foreign Trade of Vietnam (Vietcombank)'s recent adjustments to deposit interest rates has enabled the bank [...]

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