The Business Times: Phu Quoc Island promotes black pepper

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• Phu Quoc Island promotes black pepper
• Chile helps Vietnam grow Quinoa crop
• Credit card’s NPLs in VN doubles: cbank
• Vietnam remains embarrassed in choosing waveband for 4G network
• Roll-royces cars to be sold in Vietnam next year
• Exports to S Korea leap this year
• Watching the price action in the market vectors vietnam ETF (VNM)
• Viglacera’s budget housing project gets off ground
• Mobile operators face the heat
• Weather reduces coffee crop

Phu Quoc Island promotes black pepper Posted: 09 Jun 2013 11:01 PM PDT The island district of Phu Quoc in southern Kien Giang province has defined black pepper as a key economic strength and a local speciality, helping islanders develop the local economy, according to its 2020 socio-economic plan. With a favourable climate and good soil, the island plans to focus on developing its century-long famous black pepper [...] The post Phu Quoc Island promotes black pepper appeared first on Vietnam Business News.

Chile helps Vietnam grow Quinoa crop Posted: 09 Jun 2013 10:51 PM PDT Chile's Agricultural Research Institute (INIA) has supported Vietnam in growing quinoa, a grain-like crop noted for its edible seeds that contain high levels of nutrition. Quinoa trees can bear chilly weather, drought, and be grown in barren soil suitable for northern mountainous localities in Vietnam. The Hanoi University of Agriculture and the INIA have developed [...] The post Chile helps Vietnam grow Quinoa crop appeared first on Vietnam Business News.

Credit card’s NPLs in VN doubles: cbank Posted: 09 Jun 2013 10:42 PM PDT Total non-performing loans (NPLs) in local credit card debt have amounted to some VND2 trillion ($96 million), nearly doubling that in 2012, said a high-ranking official of the State Bank of Vietnam. As of last year, the total NPLs in credit card debt were over VND1 trillion, said Nguyen Hoang Minh, deputy director of the [...] The post Credit card's NPLs in VN doubles: cbank appeared first on Vietnam Business News.

Vietnam remains embarrassed in choosing waveband for 4G network Posted: 09 Jun 2013 10:41 PM PDT Relevant agencies still argue about which frequency band to use for LTE 4G which is expected to be launched in Vietnam after 2015.   According to the Radio Frequency Department under the Ministry of Information and Communication, the waveband to be chosen for LTE 4G in Vietnam needs to have some different requirements. It needs [...] The post Vietnam remains embarrassed in choosing waveband for 4G network appeared first on Vietnam Business News.

Roll-royces cars to be sold in Vietnam next year Posted: 09 Jun 2013 10:36 PM PDT Vietnam and Nigeria will be the two latest markets where Rolls-Royce sedans will be officially available starting next year, the CEO of the luxury car manufacturer said on Friday. "I'm strongly confident to say we will open our agencies in Vietnam and Nigeria next year," Rolls-Royce Motor Cars general director Torsten Muller-Otvos was quoted by [...] The post Roll-royces cars to be sold in Vietnam next year appeared first on Vietnam Business News.

Exports to S Korea leap this year Posted: 09 Jun 2013 10:07 PM PDT HA NOI (VNS)— Viet Nam has emerged as South Korea’s fourth biggest exporter, with a total turnover of US$2.2 billion for the first four months of this year, up 36 per cent year-on-year. According to the General Department of Customs, in April alone, Viet Nam exported $550.4 million worth of goods to the market, mainly [...] The post Exports to S Korea leap this year appeared first on Vietnam Business News.

Watching the price action in the market vectors vietnam ETF (VNM) Posted: 09 Jun 2013 09:35 PM PDT On the weekly chart below, note the big pick up in volume over several weeks as the Market Vectors Vietnam ETF (NYSEARCA:VNM) rallied from last December to February. After a tough two and a half day sell off, stocks staged an impressive recovery Thursday afternoon, with all major averages closing more than 1.0% off the [...] The post Watching the price action in the market vectors vietnam ETF (VNM) appeared first on Vietnam Business News.

Viglacera’s budget housing project gets off ground Posted: 09 Jun 2013 09:30 PM PDT Viglacera Corporation on Wednesday kicked off construction a low-cost housing project with 2,500 apartments in Dang Xa 2 urban area in Hanoi's Gia Lam District. The VND850-billion project which is one of the four housing projects in Hanoi getting approval to be changed into budget ones is developed in an area of 6.2 hectares. Buildings [...] The post Viglacera's budget housing project gets off ground appeared first on Vietnam Business News.

Mobile operators face the heat Posted: 09 Jun 2013 09:25 PM PDT HCM CITY (VNS)– Mobile operators in Viet Nam are in danger of losing millions of dollars each year due to the increasing use of “over the top” phone services through smartphone apps and others, analysts have warned. Consumers can access OTT content through any internet-connected device. A recent report in The Economist about how OTT [...] The post Mobile operators face the heat appeared first on Vietnam Business News.

Weather reduces coffee crop Posted: 09 Jun 2013 09:22 PM PDT HA NOI (VNS)— Viet Nam is expected to produce a 25 per cent lower output of coffee this year against a record output of 315,500 tonnes last year, according to the Viet Nam Cocoa and Coffee Association (Vicofa). The fall is due to lack of rain during the time coffee trees were flowering. The Ministry [...] The post Weather reduces coffee crop appeared first on Vietnam Business News.

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