The Business Times: Home-for-rent market still active

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• Home-for-rent market still active
• Black dollar market gets choppy
• Online retail takes unassertive steps in Vietnam
• Global price slump hits domestic rubber exports
• Mondelez to spend us$200 million to improve Vietnamese coffee
• Vietnam faces challenges of increasing work force
• SOEs seek to streamline business structure
• Vietnam not to attract FDI projects by any means: Minister
• VAMC may only resolve 20-30% bad debts in 2013
• Vietnam government asks c.bank to monitor forex market closely

Home-for-rent market still active Posted: 09 Jul 2013 12:39 AM PDT While the commercial housing segment is struggling with a sea of troubles, the home-for-rent segment is faring well on high demand. Many investors think they would earn little from this market segment. However, the rental housing segment is generating trillions of dong in earnings a year. There have been no accurate statistics on the number [...] The post Home-for-rent market still active appeared first on Vietnam Business News.

Black dollar market gets choppy Posted: 09 Jul 2013 12:36 AM PDT The dollar price has been increasing steadily for a long time, though economists and state officials affirmed before that the price rise was just temporary. Especially, the dollar price on the black market has exceeded the VND21,700 per dollar threshold. According to Dai Doan Ket, the dollar was traded at VND21,720-21,730 per dollar on July [...] The post Black dollar market gets choppy appeared first on Vietnam Business News.

Online retail takes unassertive steps in Vietnam Posted: 09 Jul 2013 12:34 AM PDT It is estimated that 31 million Vietnamese, or 34 percent of the total population, use the Internet. These are the great potential clients for the online retailing industry. In 2003, Saigon Co-op announced it began selling goods at http://www.saigon-coopmart.com and http://www.saigoncoopmart.com.vn. Together with the launching of the new brand identification, Co-op Mart has also introduced [...] The post Online retail takes unassertive steps in Vietnam appeared first on Vietnam Business News.

Global price slump hits domestic rubber exports Posted: 09 Jul 2013 12:34 AM PDT Vietnam's rubber exports fell sharply during the first half of 2013, plunging 19.2 percent in value and 5 percent in volume against the same period last year, according to the Ministry of Industry and Trade. Up to the end of June, the country earned 976 million USD from exporting over 380.000 tonnes of rubber, as [...] The post Global price slump hits domestic rubber exports appeared first on Vietnam Business News.

Mondelez to spend us$200 million to improve Vietnamese coffee Posted: 09 Jul 2013 12:34 AM PDT The world's second largest coffee company Mondelez–one of the biggest coffee buyers in Vietnam and owner of Jacobs, CarteNoire, and Kenco brands, plans to spend US$200 million to open coffee training centers for farmers in Vietnam. This is part of a sustainable development program 'Coffee made Happy' which aims to help one million coffee growers [...] The post Mondelez to spend us$200 million to improve Vietnamese coffee appeared first on Vietnam Business News.

Vietnam faces challenges of increasing work force Posted: 09 Jul 2013 12:31 AM PDT Vietnam is currently going through a so-called period of 'golden population' with declining birth-rate and high number of working people. This is a good opportunity for Vietnam to take advantage of a young labor force to push economic growth. However, this also generates many challenges if the population and quality of workers are not highly [...] The post Vietnam faces challenges of increasing work force appeared first on Vietnam Business News.

SOEs seek to streamline business structure Posted: 09 Jul 2013 12:27 AM PDT Seven State-owned enterprises (SOEs) out of the 44 that had their restructuring plans approved have re-organised their management structure to boost efficiency, according to the Ministry of Finance’s statistics. The SOEs include such major firms as PetroVietnam, Electricity of Vietnam (EVN), Vietnam National Textile and Garment Group (Vinatex), National Tobacco Corporation, Machines and Industrial Equipment [...] The post SOEs seek to streamline business structure appeared first on Vietnam Business News.

Vietnam not to attract FDI projects by any means: Minister Posted: 09 Jul 2013 12:25 AM PDT Vietnam will continue offering incentives for foreign direct investment (FDI) projects, but will tighten control over the selection process, so as not to try to attract the investment flow by any means. This was confirmed by Minister of Planning and Investment, Bui Quang Vinh, at a dialogue held on July 7. According to the minister, [...] The post Vietnam not to attract FDI projects by any means: Minister appeared first on Vietnam Business News.

VAMC may only resolve 20-30% bad debts in 2013 Posted: 09 Jul 2013 12:18 AM PDT The much-anticipated Vietnam asset management company (VAMC), which comes into life from today [Jul 9], may only help banks to resolve 20-30% of total bad loans in 2013, VietCapital Securities Co. (VCSC) said in a report. Earlier, the VAMC is expected to help the country to deal with between VND80 trillion and VND100 trillion of [...] The post VAMC may only resolve 20-30% bad debts in 2013 appeared first on Vietnam Business News.

Vietnam government asks c.bank to monitor forex market closely Posted: 09 Jul 2013 12:18 AM PDT Vietnam government has recently asked the State Bank of Vietnam (SBV) to closely monitor the foreign exchange and monetary markets to adjust the exchange rates appropriately, the government's e-portal Chinhphu.vn reported. Besides, the central bank was asked to govern the interest rates in line with macroeconomic conditions, especially inflation to control and regulate the market [...] The post Vietnam government asks c.bank to monitor forex market closely appeared first on Vietnam Business News.

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