The Business Times: Providers given right to set 3G service fees

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• Providers given right to set 3G service fees
• First-half budget revenue meets 44% of estimate
• Some local firms ready for listings on int’t bourses
• Few firms go ahead with bond sale plans
• Tighter copyright regulation amid economic woes
• Foreign-made goods overwhelm local markets
• Sturgeon farming still underdeveloped in Vietnam
• Viet Nam’s US trade surplus hits new heights
• Major port put up for 30 year lease

Providers given right to set 3G service fees Posted: 21 Jul 2013 12:18 AM PDT  In response to requests for permission to increase the fees of 3G services, the Ministry of Information and Communications says that it will not interfere in adjusting the fees and service suppliers can set their own fees. Deputy Minister of Information and Communications Le Nam Thang said that the State respected the right of enterprises [...] The post Providers given right to set 3G service fees appeared first on Vietnam Business News.

First-half budget revenue meets 44% of estimate Posted: 21 Jul 2013 12:18 AM PDT  State budget revenue collection was a difficult task in the first half of the year, with some VND356.5 trillion collected, or only 44% of the estimate for the whole year, said the Ministry of Finance at a conference in Hanoi on Wednesday. The most important revenue was the domestic one, totaling VND236.17 trillion, or over [...] The post First-half budget revenue meets 44% of estimate appeared first on Vietnam Business News.

Some local firms ready for listings on int’t bourses Posted: 20 Jul 2013 08:25 PM PDT The country managing partner of Ernst & Young (EY) Vietnam Limited said a number of Vietnamese companies have prepared well for listing their shares on international stock markets and are now waiting for signals of markets around the globe. "We have worked with those companies with plans for international listings and they have been ready [...] The post Some local firms ready for listings on int't bourses appeared first on Vietnam Business News.

Few firms go ahead with bond sale plans Posted: 20 Jul 2013 08:22 PM PDT Only three of the nine companies with plans for bond issuance in the first half of 2013 have successfully launched their bonds into the market, according to Vietcombank Securities Company (VCBS). Hoang Anh Gia Lai on July 9 issued VND950 billion worth of bonds with an annual yield of 14%. HCMC Infrastructure Investment Joint Stock [...] The post Few firms go ahead with bond sale plans appeared first on Vietnam Business News.

Tighter copyright regulation amid economic woes Posted: 20 Jul 2013 08:19 PM PDT  As the economy continues to struggle in its downward trend, companies become even more serious about competition and copyright regulations seem to be tighter. This has been proven through a series of audits and inspections by agencies in charge against companies nationwide in the first two quarters of the year. The pressure is not just [...] The post Tighter copyright regulation amid economic woes appeared first on Vietnam Business News.

Foreign-made goods overwhelm local markets Posted: 20 Jul 2013 08:17 PM PDT At most grocery stores, supermarkets, and trade centers in Ho Chi Minh City, foreign-made products outnumber domestic-made goods and remain more popular as supermarkets and trade centers continue to import them, even  though these can be produced locally. At M. Supermarket on 3 Thang 2 Street in District 10, many household goods, such as ladles, [...] The post Foreign-made goods overwhelm local markets appeared first on Vietnam Business News.

Sturgeon farming still underdeveloped in Vietnam Posted: 20 Jul 2013 08:08 PM PDT Cold-water fish farming in Vietnam, such as sturgeon-breeding, is still underdeveloped and has not taken full advantage of the climate, water resources and geographical location the country provides–with this young fish farming industry now facing a serious threat from illicit sturgeon coming in from China. Cold-water fish farming, in particular sturgeon farming began to develop [...] The post Sturgeon farming still underdeveloped in Vietnam appeared first on Vietnam Business News.

Viet Nam’s US trade surplus hits new heights Posted: 20 Jul 2013 08:05 PM PDT Viet Nam posted a trade surplus of US$8.3 billion with the US in the first half of the year, representing an 18.5 per cent year-on-year increase. Statistics from the General Statistics Office showed that Viet Nam’s exports to the country last year was 116 times higher than that of the same period in 1995, with [...] The post Viet Nam’s US trade surplus hits new heights appeared first on Vietnam Business News.

Major port put up for 30 year lease Posted: 20 Jul 2013 08:02 PM PDT The Ministry of Transport has approved a bid to lease the Cai Mep-Thi Vai international port in the southern coastal province of Ba Ria–Vung Tau for 30 years, the first bid of its kind. The Vietnam Maritime Administration said it is looking for qualified operators for both the international terminal and the Thi Vai general [...] The post Major port put up for 30 year lease appeared first on Vietnam Business News.

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