The Business Times: Mid-end condos still sell well

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• Mid-end condos still sell well
• US becomes largest importer of Vietnamese tra fish
• Tuna exports up 9.8%
• MobiFone offers discounts for roaming fees
• Foreign tourist arrivals surge in busy June
• VBSP raises vnd500bln from g-bond sale on jul 4; yield up
• Vietnam c.bank asks 14 lenders to cap lending rates for rice stockpiling at 9%
• Draft circular on banks’ gold keeping service to be completed in two weeks: SBV
• Seafood export revenue leaps
• Nation gears up for LPG boom

Mid-end condos still sell well Posted: 04 Jul 2013 11:07 PM PDT With reasonable prices and flexible payment plans, several mid-end apartment projects achieved fairly good sales in the year's first half. Project owners launched their products on schedule, with many sales events organized in the first six months. Thus, the market was not as gloomy as many people thought. Hung Loc Phat Co. last Saturday started [...] The post Mid-end condos still sell well appeared first on Vietnam Business News.

US becomes largest importer of Vietnamese tra fish Posted: 04 Jul 2013 11:04 PM PDT Vietnam earned US$170.18 million from tra fish exports to the US in the first five months of 2013, up 16% from last year's same period, according to the Vietnam Association of Seafood Exporters and Producers (VASEP). In May alone, the figure was estimated at US$56.9 million, a year-on-year increase of 72%, making the US become [...] The post US becomes largest importer of Vietnamese tra fish appeared first on Vietnam Business News.

Tuna exports up 9.8% Posted: 04 Jul 2013 11:03 PM PDT Tuna export earnings saw a modest increase of 9.8% in the first five months of this year to US$253 million, reports the Vietnam Association of Seafood Exporters and Processors (VASEP). The domestic tuna industry achieved a monthly growth rate of more than 50% during the whole of 2012. However, it suffered a major setback in [...] The post Tuna exports up 9.8% appeared first on Vietnam Business News.

MobiFone offers discounts for roaming fees Posted: 04 Jul 2013 11:00 PM PDT HA NOI (VNS)— MobiFone Viet Nam started cutting its tariffs on roaming services in 58 countries and territories on July 1, to meet its customer’s growing demand for services whilst overseas. The new tariffs offer discount rates from 5 up to 45 per cent from the current roaming charges. For example, the roaming service in [...] The post MobiFone offers discounts for roaming fees appeared first on Vietnam Business News.

Foreign tourist arrivals surge in busy June Posted: 04 Jul 2013 10:58 PM PDT HA NOI (VNS)— More than 567,000 international visitors arrived in Viet Nam last month, a 30 per cent rise over the same month last year, according to the General Statistics Office (GSO). As a result, the total number of foreign arrivals during the first six months of the year exceeded 3.54 million, a year-on-year increase [...] The post Foreign tourist arrivals surge in busy June appeared first on Vietnam Business News.

VBSP raises vnd500bln from g-bond sale on jul 4; yield up Posted: 04 Jul 2013 10:57 PM PDT The Vietnam Bank for Social Policies (VBSP), in an auction on July 4, sold out VND500 billion 3-year government-backed bonds at the yield of 8% p.a., up 0.4% from the previous auction on June 21. The bid to cover ratio was exactly 1, including two bidders registering for VND500 billion 3-year notes seeking for yields [...] The post VBSP raises vnd500bln from g-bond sale on jul 4; yield up appeared first on Vietnam Business News.

Vietnam c.bank asks 14 lenders to cap lending rates for rice stockpiling at 9% Posted: 04 Jul 2013 10:57 PM PDT The State Bank of Vietnam (SBV) has recently asked fourteen banks in the country to lower lending interest rates to rice export firms to buy summer-autumn paddy for stockpiling to at maximum 9% per annum. The fourteen banks include Agribank, Vietcombank, VietinBank, BIDV, MHB, Techcombank, SHB, Oceanbank, OCB, Military Bank, Eximbank, Lienvietpostbank, SeaBank, and HD [...] The post Vietnam c.bank asks 14 lenders to cap lending rates for rice stockpiling at 9% appeared first on Vietnam Business News.

Draft circular on banks’ gold keeping service to be completed in two weeks: SBV Posted: 04 Jul 2013 10:54 PM PDT The State Bank of Vietnam (SBV) is urgently developing a draft circular on gold keeping service of banks, which is expected to be completed in 2 weeks' time; a move to manage and gradually bring the local gold market in order. Yesterday, news spread that the central bank requested commercial banks to suspend offering gold [...] The post Draft circular on banks' gold keeping service to be completed in two weeks: SBV appeared first on Vietnam Business News.

Seafood export revenue leaps Posted: 04 Jul 2013 08:38 PM PDT HA NOI (VNS)— Viet Nam expects a US$300 million year-on-year increase in the export value of seafood this year, said the Viet Nam Association of Seafood Exporters and Producers (VASEP). This will bring total exports to $6.5 billion, said Nguyen Huu Dung, deputy chairman of the association. Dung said the association expected seafood prices to [...] The post Seafood export revenue leaps appeared first on Vietnam Business News.

Nation gears up for LPG boom Posted: 04 Jul 2013 08:37 PM PDT HCM CITY (VNS)— Demand for Liquefied Petroleum Gas (LPG) is set to rise significantly as its versatility is exploited further the world over, experts said at a three-day conference that ends in HCM City today. The Asia Pacific region, including Viet Nam, was the fastest growing market for LPG, also known as cooking gas, but [...] The post Nation gears up for LPG boom appeared first on Vietnam Business News.

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