Sunday, June 23, 2013

The Business Times: SEV receives investment certificate

The Business Times: SEV receives investment certificate

Link to Vietnam Business News

SEV receives investment certificate

Posted: 22 Jun 2013 10:09 PM PDT

Samsung Electronics Vietnam (SEV) on June 20 received an investment certificate for its SEV 3 project, which aims to invest in the research and development of hi-tech electronic goods. SEV 3 was implemented at Yen Phong 1 Industrial Park in the northern province of Bac Ninh. Covering an area of over 559,365 square metres and [...]

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Ha Noi encourages citizens to get online

Posted: 22 Jun 2013 10:06 PM PDT

HA NOI (VNS)— Ha Noi will attempt to raise the percentage of broadband internet subscribers to 25 per cent of the population and the rate of mobile phone ownership to 212 devices per 100 people by 2020. The director of the Ha Noi Department of Information and Communications, To Van Dong, annonced this at a [...]

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Vietnam sells 3 million tonnes of rice abroad

Posted: 22 Jun 2013 10:05 PM PDT

Vietnam shipped nearly three million tonnes of rice between January 1 and June 13, raking in over 1.3 billion USD, the Vietnam Food Association (VFA) has reported. In the January –May period, almost 2.8 million tonnes of rice worth 1.2 billion USD were sold abroad, representing a year-on-year increase of nearly 10 percent. This included [...]

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Deficient hospitality workforce challenges tourism

Posted: 22 Jun 2013 10:03 PM PDT

DA NANG (VNS)— A lack of trained human resources and entertainment and recreation services was likely to challenge Da Nang’s target of welcoming 4 million tourists with a revenue of US$409 million by 2015. The news was announced by director of the city’s culture, sports and tourism department Ngo Quang Vinh at a conference yesterday. [...]

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Retail woes pose investor headache

Posted: 22 Jun 2013 09:59 PM PDT

HA NOI (VNS)— Struggling retailers forced to close down or cede their business to others in Ha Noi shopping centres have caused difficulties for the investors. Nguyen Hong Hoa in Ba Dinh District said she had rented a booth at the Grand Plaza, a trading centre in Tran Duy Hung, Ha Noi, for US$2,000 a [...]

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Paucity of goods at Cai Mep-Thi Vai Seaport Complex

Posted: 22 Jun 2013 07:36 PM PDT

Many ports in the Cai Mep-Thi Vai Complex in the southeastern province of Ba Ria-Vung Tau, adjacent to Ho Chi Minh City, are falling in difficult times because of severe paucity of goods movement for them to be fully operational. Cai Mep-Thi Vai Complex belongs to the 5th Seaport Group comprising of ports in Ho [...]

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Government bonds attract investors

Posted: 22 Jun 2013 07:33 PM PDT

Government bond market sharply increased in the first half of the year and its transaction reached the total trading value of 2012. The coupon of Government bonds was cut impressively by 1 -2.5 percent in comparison with the beginning of the year and followed the bank interest rate. The Government held 117 auctions of bonds [...]

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Quang Ninh promotes trade, investment with Indonesia

Posted: 22 Jun 2013 07:19 PM PDT

A high-ranking delegation from northern Quang Ninh province paid a visit to Indonesia on June 19-20 to seek trade and investment cooperation opportunities with local partners. During the visit, the delegation had a working session with the Batam Free Trade Zone Management Agency in the island province of Riau to study its development policies. The [...]

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Vietnam, Italy sign aviation agreement

Posted: 22 Jun 2013 07:09 PM PDT

The Vietnamese and Italian Governments have signed an air transport agreement with a view to promoting flights between and through the two nations' territories. The document was signed on June 21 by Deputy Minister of Transport Pham Quy Tieu and Italian Deputy Foreign Minister Bruno Archi at the Italian Ministry of Foreign Affairs headquarters in [...]

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HCMC runs $48mln trade deficit in june : GSO

Posted: 22 Jun 2013 07:00 PM PDT

Ho Chi Minh City (HCMC) was estimated to run $838 million trade deficit in June, 2013 ( the figure is VND838 million trade deficit if crude oil is excluded), the General Statistics Office (GSO) said. In details, the city's shipments were estimated to reach $2.613 billion in June, posting a month on month increase by [...]

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