The Business Times: IT service market still awaits policies to spring off

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• IT service market still awaits policies to spring off
• How to deal with the OTT wave?
• Car imports come mostly from ASEAN and ASEAN’s partners
• Real estate firms told to ‘find their own way’
• VAMC gets ready to commence restructuring of SBV’s bad debts
• Steel firms need State support or face closure
• Singapore becomes largest investor in Vietnam
• Vietnamese prefer foreign rice
• Vietnam exports over 4.2 mln tons of rice in 1st 7 months
• Agricultural exports’ 7 month total hits US$15.57 billion

IT service market still awaits policies to spring off Posted: 27 Jul 2013 12:46 AM PDT Vietnam is considered one of the six countries in Asia which have greatest potentials in providing information technology (IT) services. However, it still needs a push from the State to develop. Potentials great, opportunities have become According to the IT Department of the Ministry of Information and Communication, the IT service has been developing very [...] The post IT service market still awaits policies to spring off appeared first on Vietnam Business News.

How to deal with the OTT wave? Posted: 27 Jul 2013 12:34 AM PDT The existence of OTT (over-the-top) services has taken the bread of mobile network operators' mouth. Meanwhile, the network operators still cannot find out what they need to do to retain the bread. Blocking OTT services is not a good idea. The story of Viettel Rumor has spread out on IT forums in recent days that [...] The post How to deal with the OTT wave? appeared first on Vietnam Business News.

Car imports come mostly from ASEAN and ASEAN’s partners Posted: 27 Jul 2013 12:32 AM PDT Analysts have noted the car imports to Vietnam recently are mostly luxurious models and they are from ASEAN countries. Luxurious imports on the rise Vietnamese may feel full to satiety once nearly all the automobile brands, from popular to luxuries models, have been available in the domestic market. Especially, the recent months have witnessed the [...] The post Car imports come mostly from ASEAN and ASEAN's partners appeared first on Vietnam Business News.

Real estate firms told to ‘find their own way’ Posted: 27 Jul 2013 12:29 AM PDT HCM CITY (VNS)— Property companies must find their own way out of the property market slump, a conference heard in HCM City yesterday. “This the first time that prices have fallen during a real estate market freeze,” Dang Hung Vo, former deputy minister of Natural Resources and Environment, said. “There is no common solution for [...] The post Real estate firms told to 'find their own way’ appeared first on Vietnam Business News.

VAMC gets ready to commence restructuring of SBV’s bad debts Posted: 27 Jul 2013 12:29 AM PDT HA NOI — The Viet Nam Asset Management Company (VAMC), a powerful legal entity established to restructure the bad debts of the State Bank of Viet Nam (SBV), yesterday officially began operations in Ha Noi . The opening ceremony was attended by representatives from the Party, National Assembly, Government, ministries, international organisations, banks and credit [...] The post VAMC gets ready to commence restructuring of SBV’s bad debts appeared first on Vietnam Business News.

Steel firms need State support or face closure Posted: 27 Jul 2013 12:23 AM PDT HA NOI (VNS)— The Viet Nam Steel Association (VSA) has warned that local steel businesses may face bankruptcy if the State does not intervene. The announcement came as VSA businesses reported a 2.08 per cent drop on 2012 production levels, producing only 2.26 million tonnes of construction steel during the first half of this year. [...] The post Steel firms need State support or face closure appeared first on Vietnam Business News.

Singapore becomes largest investor in Vietnam Posted: 27 Jul 2013 12:21 AM PDT Singapore has poured nearly US$2.5 billion into Vietnam in the past seven months, ranking it the largest foreign investor in the country. Its investment accounted for 35.9 percent of the total capital of newly invested projects in Vietnam, according to the General Statistics Office (GSO) under the Ministry of Planning and Investment (MPI). Other major [...] The post Singapore becomes largest investor in Vietnam appeared first on Vietnam Business News.

Vietnamese prefer foreign rice Posted: 26 Jul 2013 09:01 PM PDT Even though Vietnam has hundreds of varieties of rice, many housewives in HCM City still prefer rice products labeled with foreign names such as Thai fragrant rice, American scented rice or Japanese rice.   The owners of many rice stores said that rice products with foreign labels are named by the stores or derived from [...] The post Vietnamese prefer foreign rice appeared first on Vietnam Business News.

Vietnam exports over 4.2 mln tons of rice in 1st 7 months Posted: 26 Jul 2013 09:01 PM PDT Vietnam exported about 633,000 tons of rice in July, earning 293 million US dollars, reported the Ministry of Agriculture and Rural Development on its website on Friday. The figures raised the total rice exports in the first seven months to about 4.22 million tons, worth 1.88 billion dollars, which represented a drop of 11.3 percent [...] The post Vietnam exports over 4.2 mln tons of rice in 1st 7 months appeared first on Vietnam Business News.

Agricultural exports’ 7 month total hits US$15.57 billion Posted: 26 Jul 2013 09:01 PM PDT July's agro-forestry and seafood exports are estimated to have earned US$2.39 billion, bringing their seven-month export value to US$15.59 billion. The figure is a 1.6% slide from a year earlier. Major agricultural exports are valued at US$7.84 billion, down 11.9%. In contrast  export earnings of seafood edged up 0.7% to US$3.14 billion, and forestry product [...] The post Agricultural exports' 7 month total hits US$15.57 billion appeared first on Vietnam Business News.

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