The Business Times: Top 50 firms for business performance in Vietnam

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• Top 50 firms for business performance in Vietnam
• Banks gloomy as annual profits dwindle amid negative indicators
• Samsung seeks lower land rental
• Rubber exports reach US$976 million in six months
• Experts urge caution over economy controls
• Vietnam: banks yet to settle outstanding gold loans of 9 tons
• July 8, 2013: Vietnam gold drops to vnd37.8mln/tael, dollar stable
• Southern sales ignite property market
• US makes top tra fish buyer
• Petroleum, metals key exports to Laos

Top 50 firms for business performance in Vietnam Posted: 07 Jul 2013 10:59 PM PDT The top 10 has seen four new faces, while two companies have got an in-grade promotion. Gas distributors and rubber exporters, which do not need huge capital to expand production, have been put into the top 10. Three real estate and building material manufacturers have left the 10, giving place to consumer, transport, healthcare and [...] The post Top 50 firms for business performance in Vietnam appeared first on Vietnam Business News.

Banks gloomy as annual profits dwindle amid negative indicators Posted: 07 Jul 2013 10:57 PM PDT HCM CITY (VNS)— Banks are pessimistic about their profitability this year, with several indicators in steady decline, according to the central bank. The State Bank of Viet Nam (SBV) recently reported that in the first quarter the banking sector’s return on assets, which measures the profitability of assets, was down by half year-on-year to just [...] The post Banks gloomy as annual profits dwindle amid negative indicators appeared first on Vietnam Business News.

Samsung seeks lower land rental Posted: 07 Jul 2013 10:55 PM PDT BAC NINH (VNS)— Samsung Complex in northern Bac Ninh Province paid VND1.584 trillion (US$79.24 million) in tax last year, according to the provincial People’s Committee. The information was provided in a committee document sent to the People’s Council. It asked for financing from the State budget for investment in the infrastructure of Yen Phong 1 [...] The post Samsung seeks lower land rental appeared first on Vietnam Business News.

Rubber exports reach US$976 million in six months Posted: 07 Jul 2013 10:54 PM PDT Vietnam exported 383,000 tonnes of rubber worth US$976 million in the first half of 2013, down 5.0 percent in volume and 19.2 percent in value against the same period last year, according to the Ministry of Industry and Trade (MoIT). The MoIT said that the country exported 79,000 tonnes of rubber in June at an [...] The post Rubber exports reach US$976 million in six months appeared first on Vietnam Business News.

Experts urge caution over economy controls Posted: 07 Jul 2013 10:53 PM PDT HA NOI (VNS)— Economic experts have warned that Viet Nam’s macro-economy must be controlled with caution as the country faces an uphill task to achieve economic growth of 5.5 per cent in the context of tough economic conditions both globally and domestically. In late June, General Statistics Office general director Do Thuc reported positive signs [...] The post Experts urge caution over economy controls appeared first on Vietnam Business News.

Vietnam: banks yet to settle outstanding gold loans of 9 tons Posted: 07 Jul 2013 10:51 PM PDT Three Vietnam banks have yet to settle 490 taels of gold deposits and currently outstanding gold loans reached about 9 tons. The local newswire Thanhniennews.vn quoted Nguyen Hoang Minh, Deputy Director of the central bank branch in Ho Chi Minh City, as saying that three banks have yet to settle 490 taels of gold deposits [...] The post Vietnam: banks yet to settle outstanding gold loans of 9 tons appeared first on Vietnam Business News.

July 8, 2013: Vietnam gold drops to vnd37.8mln/tael, dollar stable Posted: 07 Jul 2013 10:51 PM PDT Today, Vietnam gold dropped by VND400,000/tael for ask from last weekend, following the world suit. SJC Hochiminh was traded at VND37.30 million/taelfor bid and VND37.80million/tael for ask respectively as of `11:43 am, Hanoi time. SJC in the North quoted at VND37.30 million/tael for bid and VND37.80 million/tael for ask. Techcombank gold prices were listed at VND37.35-VND37.75 million/tael for bid and [...] The post July 8, 2013: Vietnam gold drops to vnd37.8mln/tael, dollar stable appeared first on Vietnam Business News.

Southern sales ignite property market Posted: 07 Jul 2013 09:20 PM PDT HCM CITY (VNS)— The real estate market in the south is showing signs of recovery as high-prestige projects get off the ground, according to independent market watchdogs. Investors are now ready to pour money into projects that that offer reasonable prices and favourable sites in HCM City and neighbouring provinces. Late last week, the Dong [...] The post Southern sales ignite property market appeared first on Vietnam Business News.

US makes top tra fish buyer Posted: 07 Jul 2013 09:20 PM PDT HA NOI (VNS)— Viet Nam earned US$170.18 million from tra fish exports to the US in the first five months of the year, making it the country’s largest tra fish importer. The Viet Nam Association of Seafood Exporters and Producers said the export turnover rose 16 per cent over the same period last year, more [...] The post US makes top tra fish buyer appeared first on Vietnam Business News.

Petroleum, metals key exports to Laos Posted: 07 Jul 2013 09:15 PM PDT HA NOI (VNS)— Petroleum, steel and iron account for the biggest portions of Vietnamese exports to Laos, Vietnamplus has reported. The two-way trade between Viet Nam and Laos was estimated to have reached US$520 million in the first half of 2013, 11.6 per cent higher than expected. In the Jan-May period, bilateral trade reached $434 [...] The post Petroleum, metals key exports to Laos appeared first on Vietnam Business News.

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