The Business Times: Supplemental nutrition drink manufacturers enter a new race

---

• Supplemental nutrition drink manufacturers enter a new race
• VAMC to officially start operation from jul 26
• Vietnam banks asked to fulfil 12% credit growth target for 2013
• Tax cuts hit State budget revenue
• Deficit higher than expected
• Dollar credits take nosedive
• Exports to Myanmar up 99.41%
• Local exporters concerned about falling rice prices in Thailand
• Bag, suitcase, umbrella exports aim for over US$1.7 billion
• Chances still there for property investors, says Capitaland

Supplemental nutrition drink manufacturers enter a new race Posted: 19 Jul 2013 09:02 PM PDT While the battle among green tea manufacturers is described as a noisy fight, the competition among supplemental nutrition drink manufacturers has been going quietly, but very fiercely. The new potential market segment In March 2013, Tan Hiep Phat launched a noisy marketing campaign, introducing its new product–Number One Vitamin, after a long period of surveying [...] The post Supplemental nutrition drink manufacturers enter a new race appeared first on Vietnam Business News.

VAMC to officially start operation from jul 26 Posted: 19 Jul 2013 08:39 PM PDT The local online newspaper Baodautu.vn quoted its private source as saying that the much-anticipated Vietnam asset management company (VAMC) would officially begin activities from July 26 this year. Year to date, specific action programs have already been planned. The VAMC was scheduled to come into life from Jul 9, yet the establishment was delayed as [...] The post VAMC to officially start operation from jul 26 appeared first on Vietnam Business News.

Vietnam banks asked to fulfil 12% credit growth target for 2013 Posted: 19 Jul 2013 08:39 PM PDT The State Bank of Vietnam (SBV) has recently asked local credit institutions to take measures to expand lending to achieve credit growth of 12% set at the beginning of the year. The move aims to remove difficulties for businesses, support the market, push economic growth at reasonable level; and strengthen control over credit quality to [...] The post Vietnam banks asked to fulfil 12% credit growth target for 2013 appeared first on Vietnam Business News.

Tax cuts hit State budget revenue Posted: 19 Jul 2013 08:39 PM PDT HA NOI (VNS)— State Budget collection in the capital city fell by about VND10 trillion (US$476.1 million) during the first half of the year due to the Government’s preferential policies on tax exemptions, reductions and extensions. Thai Dung Tien, deputy head of the city’s Taxation Department, said more than 4,500 organisations and households benefited from [...] The post Tax cuts hit State budget revenue appeared first on Vietnam Business News.

Deficit higher than expected Posted: 19 Jul 2013 08:39 PM PDT HA NOI (VNS)— Viet Nam’s State budget deficit was estimated to hit VND92.39 trillion (US$4.35 billion) in the first half of this year, equal to 57 per cent of the annual plan set by the National Assembly, the Ministry of Finance (MoF) announced at a conference held yesterday in Ha Noi. Addressing the conference, which [...] The post Deficit higher than expected appeared first on Vietnam Business News.

Dollar credits take nosedive Posted: 19 Jul 2013 08:38 PM PDT While local banks reported substantial growth in Vietnam dong credits, lending in foreign currencies, mostly in the U.S. dollar, declined sharply in the first six months of this year. According to the central bank's HCMC branch, dollar credits of banks in the city slumped 14.9% in the period. Earlier, a report of the central bank [...] The post Dollar credits take nosedive appeared first on Vietnam Business News.

Exports to Myanmar up 99.41% Posted: 19 Jul 2013 08:35 PM PDT Vietnam's exports to Myanmar increased by 99.41% to US$99 million in the first half of this year. Its major items included steel, machinery and equipment, tools and means of transport. Meanwhile, the volume of wood and timber products, vegetables and seafood it imported from Myanmar was down 32.4% from a year earlier to just US$45.2 [...] The post Exports to Myanmar up 99.41% appeared first on Vietnam Business News.

Local exporters concerned about falling rice prices in Thailand Posted: 19 Jul 2013 08:11 PM PDT Not a few Vietnamese exporters are worried that they will be suffering from the Thai Government's decision to clear rice stockpiles at low prices. Any impact? Vietnam Food Association (VFA) Deputy Chairman Nguyen Trung Kien believes rice exports will not be affected by a fall in price. The reason is that with some 17 million [...] The post Local exporters concerned about falling rice prices in Thailand appeared first on Vietnam Business News.

Bag, suitcase, umbrella exports aim for over US$1.7 billion Posted: 19 Jul 2013 08:10 PM PDT Vietnam fetched US$169.71 million from exporting bags, suitcases, and umbrellas in June (up 22.34% from a year earlier), bringing the total export earnings in the first half to US$911.62 million, or a year-on-year increase of 21.74%. According to the Vietnam Leather and Footwear Association (Lefaso), the figure will likely reach more than US$1.7 billion by [...] The post Bag, suitcase, umbrella exports aim for over US$1.7 billion appeared first on Vietnam Business News.

Chances still there for property investors, says Capitaland Posted: 19 Jul 2013 08:06 PM PDT The property market which is going down has placed many investors on fire, but in the eyes of CapitaLand the market still has many opportunities for patient investors. Olivier Lim, group deputy CEO of Singapore-based CapitaLand, said Vietnam's property market has encountered plenty of difficulties in the past time, and CapitaLand has also been affected [...] The post Chances still there for property investors, says Capitaland 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