The Business Times: Vietnam’s shrimp exports surpasses $1bln in h1/2013

---

• Vietnam’s shrimp exports surpasses $1bln in h1/2013
• Vietnamese still like old-generation BlackBerries
• Tan Rai bauxite plant to officially run this September
• Footwear exports gain momentum
• Seven drinking water firms suspended
• Vietnam, Mozambique target US$100mln trade turnover
• Vietnam credit growth +2.98% in jan-may
• SBV revises circular 23/2010/TT-NHNN dated november 9, 2010
• VAFI says Vietnam only needs 2 credit rating agencies
• Daiabank reports new NPL ratio at 5.28% for 2012

Vietnam’s shrimp exports surpasses $1bln in h1/2013 Posted: 14 Jun 2013 06:48 PM PDT Vietnam was estimated to have earned $1.03 billion worth of shrimp export in the first half of this year, up 1.5% on year, the Association of Seafood Exporters and Producers (VASEP) said. However, the shrimp exports into the US is seen to hardly increase in the second half of this year due to recent preliminary [...] The post Vietnam's shrimp exports surpasses $1bln in h1/2013 appeared first on Vietnam Business News.

Vietnamese still like old-generation BlackBerries Posted: 14 Jun 2013 06:40 PM PDT While touch-screen smart phones are dominating the market, a lot of Vietnamese still favor old generation BlackBerries with QWERTY keyboard. Tran Tien Long, a student of the Information Technology University and a member school of the HCM City National University, feels happy because he has bought a BlackBerry 8700, nearly brand new, at VND450,000 only. [...] The post Vietnamese still like old-generation BlackBerries appeared first on Vietnam Business News.

Tan Rai bauxite plant to officially run this September Posted: 14 Jun 2013 06:40 PM PDT It is expected that the Tan Rai bauxite consortium will be officially handed over to the Vietnam Coal and Mineral Group (Vinacomin) in September after a trial period. Chairman of the Lam Dong Aluminum Company – Mr. Le Viet Quang – has said that the construction of the Tan Rai bauxite project in Lam Dong [...] The post Tan Rai bauxite plant to officially run this September appeared first on Vietnam Business News.

Footwear exports gain momentum Posted: 14 Jun 2013 06:34 PM PDT Vietnamese footwear exporters are looking forward to big gains this year as their revenue in the January – May period surged 11.4 % year-on-year to US$3.1 billion, a positive figure amid the global economic malaise. According to the Vietnam Leather and Footwear Association (LEFASO), domestic footwear producers have secured a stable supply of orders. Apart [...] The post Footwear exports gain momentum appeared first on Vietnam Business News.

Seven drinking water firms suspended Posted: 14 Jun 2013 06:31 PM PDT DONG NAI (VNS)— Southern Dong Nai Province’s Department of Food Safety and Hygiene yesterday decided to suspend production at seven drinking water producers for violations of food safety standards. Among the companies, Tan Hoa Duc in Ho Nai Ward and Thien Hao in An Binh Ward were shut down indefinitely. The move was made after [...] The post Seven drinking water firms suspended appeared first on Vietnam Business News.

Vietnam, Mozambique target US$100mln trade turnover Posted: 14 Jun 2013 06:30 PM PDT Vietnam and Mozambique are striving to raise two-way trade turnover to US$100 million by the end of this year, a forum was told in HCM City on June 14. The Vietnam-Mozambique Trade Forum stressed with a large market of 24 million consumers, Mozambique shows great potential for exports, and serves as a gateway to a [...] The post Vietnam, Mozambique target US$100mln trade turnover appeared first on Vietnam Business News.

Vietnam credit growth +2.98% in jan-may Posted: 14 Jun 2013 06:30 PM PDT Total outstanding loans of the whole banking system, by the end of May, were estimated to grow by 2.98% from last December, the local newswire Cafef.vn reported, citing data from the central bank's latest report. The dong-denominated loans climbed 5.48% in Jan-May period while foreign currency ones declined by 8.41% from late 2012. The decrease [...] The post Vietnam credit growth +2.98% in jan-may appeared first on Vietnam Business News.

SBV revises circular 23/2010/TT-NHNN dated november 9, 2010 Posted: 14 Jun 2013 06:29 PM PDT The Governor of the State Bank of Vietnam (SBV) issued Circular No. 13/2013/TT-NHNN on June 11 to revise Circular No. 23/2010/TT-NHNN dated November 9, 2010 on managing, operating and utilizing the electronic inter-bank payment system. The Governor of the State Bank of Vietnam (SBV) issued Circular No. 13/2013/TT-NHNN on June 11 to revise Circular No. [...] The post SBV revises circular 23/2010/TT-NHNN dated november 9, 2010 appeared first on Vietnam Business News.

VAFI says Vietnam only needs 2 credit rating agencies Posted: 14 Jun 2013 06:29 PM PDT Vietnam Association of Financial Investors (VAFI) recommends that Vietnam only need two credit rating agencies (CRA), in addition to international CRAs when conducting single rating services. VAFI said as its contributed ideas for the draft decree on the establishment and operation of CRA submitted to the finance ministry. According to VAFI, international practices show that [...] The post VAFI says Vietnam only needs 2 credit rating agencies appeared first on Vietnam Business News.

Daiabank reports new NPL ratio at 5.28% for 2012 Posted: 14 Jun 2013 06:28 PM PDT DaiA Commercial Joint Stock Bank (DaiABank) said non-performing loans accounted for 5.28% of its total lending by the end of last year, the lender announced in its latest Board of Directors (BOD)'s report on May 31. The ratio was five times as much as 2011's and rose from 4.4% disclosed by the bank a month [...] The post Daiabank reports new NPL ratio at 5.28% for 2012 appeared first on Vietnam Business News.

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