The Business Times: Nation aims to improve links with business ally Luxembourg

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• Nation aims to improve links with business ally Luxembourg
• Project to help SMEs be more competitive
• The ESOP rush
• Stock options aim to help retain top staff
• Soft drink market: the stiffer competition is still ahead
• China may increase its investments in textiles and garments in Vietnam
• Coffee exporters follow each others’ steps falling into decay
• Steel firms struggle to cut inventory
• Quang Ninh says yes to $2 billion hi-tech complex
• Foreign investors eye airport expansion projects

Nation aims to improve links with business ally Luxembourg Posted: 16 Jun 2013 01:08 AM PDT HA NOI (VNS)— Luxembourg has been hailed as one of Viet Nam’s most important economic, trade and investment partners by the Foreign Investment Agency (FIA) ahead of a major finance forum between the two countries next Tuesday. The Ministry of Finance has jointly organised the forum with the embassy of Luxembourg to mark the 40th [...] The post Nation aims to improve links with business ally Luxembourg appeared first on Vietnam Business News.

Project to help SMEs be more competitive Posted: 16 Jun 2013 01:00 AM PDT HA NOI (VNS)— For the last two years, over 2,200 small and medium enterprises (SME) across Viet Nam have been provided with information and legal knowledge to help them become more competitive. The effort was part of a project to enhance the capacities of SMEs, especially those in rural areas, after Viet Nam joined the [...] The post Project to help SMEs be more competitive appeared first on Vietnam Business News.

The ESOP rush Posted: 16 Jun 2013 12:57 AM PDT Big enterprises have been following in each others' footsteps in launching ESOP – employee stock ownership plans – to increase their capital, bring more benefits to shareholders and retain workers. ESOP mushrooms FPT, the biggest technology group in Vietnam, has just issued 1.35 million in ESOP issues to the 89 most outstanding workers in the [...] The post The ESOP rush appeared first on Vietnam Business News.

Stock options aim to help retain top staff Posted: 16 Jun 2013 12:57 AM PDT HA NOI (VNS)— A growing number of listed companies are launching Employee Stock Ownership Plans (ESOP) in a bid to increase their charter capital while providing incentives to retain qualified employees. ESOP is a type of employee benefit plan that buys and holds company stock for the benefit of a broad group of employees. This [...] The post Stock options aim to help retain top staff appeared first on Vietnam Business News.

Soft drink market: the stiffer competition is still ahead Posted: 16 Jun 2013 12:52 AM PDT Though the foreign big guys — Pepsi and Coca Cola have powerful financial capability which help put them at an advantage in the confrontation with Vietnamese, no one can say for sure that they will surely win the game. The two drink manufacturers, which are dominating the fizzy drink market, are not the "giants" in [...] The post Soft drink market: the stiffer competition is still ahead appeared first on Vietnam Business News.

China may increase its investments in textiles and garments in Vietnam Posted: 15 Jun 2013 07:51 PM PDT Vietnamese textile and garment companies have warned that they would have more redoubtable rivals as China may increase its investments in Vietnam once the Trans Pacific Partnership TPP is signed. A senior executive of Vinatex, the biggest Vietnamese textile and garment group, said China is always very "nimble-footed" in seeking investment opportunities. Meanwhile, they might [...] The post China may increase its investments in textiles and garments in Vietnam appeared first on Vietnam Business News.

Coffee exporters follow each others’ steps falling into decay Posted: 15 Jun 2013 07:51 PM PDT The last three years have witnessed the deaths of a series of companies and coffee material collection agents in the Central Highlands.   Truong Ngan, a famous name in the coffee industry, one of the top 20 Vietnamese coffee exporters, has been encircled by debts. Seven big banks have been chasing for the company, asking [...] The post Coffee exporters follow each others' steps falling into decay appeared first on Vietnam Business News.

Steel firms struggle to cut inventory Posted: 15 Jun 2013 07:51 PM PDT HA NOI (VNS)â€" Domestic steel producers are facing difficulties because of the quiet real estate market, decreased selling prices, imported steel and shortage of capital. The Ministry of Construction reported last month’s steel output was 270,000 tonnes, up 13,000 tonnes over the previous month. As a result, steel inventories grew from 330,000-350,000 tonnes. Statistics from [...] The post Steel firms struggle to cut inventory appeared first on Vietnam Business News.

Quang Ninh says yes to $2 billion hi-tech complex Posted: 15 Jun 2013 07:51 PM PDT The People’s Committee of northern Quang Ninh Province has given the nod to co-operation between Thailand and Viet Nam in building a high-technology industrial complex. At a recent meeting between the provincial people’s committee and two groups, Amata (Thailand) and Tuan Chau, it was stated the complex was to cover 16,000ha of Quang Yen, Uong [...] The post Quang Ninh says yes to $2 billion hi-tech complex appeared first on Vietnam Business News.

Foreign investors eye airport expansion projects Posted: 15 Jun 2013 07:51 PM PDT Many foreign firms have shown interest in Vietnam's airport expansion projects, especially those in the central region, according to the Civil Aviation Administration of Vietnam (CAAV). Airport expansion projects are suggested for development under various investment formats. Among them, public-private partnership (PPP) attracts the attention of several foreign investors. Work started on the Vinh Airport [...] The post Foreign investors eye airport expansion projects appeared first on Vietnam Business News.

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