The Business Times: Auto imports decline in July

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• Auto imports decline in July
• Footwear sector cashes in on bulk orders
• VietJet Air signs technical deal with German company
• Phu Quoc Fish Sauce wins EU approval
• Saudi Arabia, Vietnam boost trade
• Boosting exports to Malaysia
• Aug 20: Vietnam gold falls to vnd38.08mln/tael, dollar stable
• SBV vows to continue gold bidding until short supply ends
• Foreign investors and pro-desks boost buying as VN Index tops 500
• SSC chairman: “Vietnam stock market have had great advances”

Auto imports decline in July Posted: 19 Aug 2013 10:06 PM PDT HA NOI (VNS)— Automobile imports in July slumped by more than 26 per cent from June to 2,700 units, according to the General Department of Customs. In the first seven months of this year, the number of imported cars reached 19,700 units, worth US$365 million, marking year-on-year rises of 23.7 per cent and 7.7 per [...] The post Auto imports decline in July appeared first on Vietnam Business News.

Footwear sector cashes in on bulk orders Posted: 19 Aug 2013 10:05 PM PDT Local footwear exporters are expected to surpass 2013's US$9.7 billion export earnings target, as Japanese importers are shifting their orders from China to Vietnam. According to the Vietnam Leather and Footwear Association (Lefaso), the export earnings from Vietnamese leather and footwear products will increase sharply if the Trans-Pacific Partnership (TPP) agreement and the Vietnam-EU Free [...] The post Footwear sector cashes in on bulk orders appeared first on Vietnam Business News.

VietJet Air signs technical deal with German company Posted: 19 Aug 2013 10:02 PM PDT VietJet Air airline signed a technical cooperation agreement with Lufthansa Technik company of Germany's largest aviation group in HCM City on August 19. Lufhansa Technik is Germany's leading independent provider of maintenance, repair, overhaul and modification services for civil aircraft. It has about 30 operating subsidiaries and affiliates in Europe, Asia, and the United States. [...] The post VietJet Air signs technical deal with German company appeared first on Vietnam Business News.

Phu Quoc Fish Sauce wins EU approval Posted: 19 Aug 2013 09:56 PM PDT HCM CITY (VNS)— The Phu Quoc Fish Sauce Association yesterday received the EU Certificate of Protected Designation of Origin of Ph Quoc (PDO “Phu Quoc”). The certificate was handed over by Vice Minister of Trade and Industry cum Chairwoman of the Steering Committee of the European Trade Policy and Investment Support Project (EU-MUTRAP) Ho Thi [...] The post Phu Quoc Fish Sauce wins EU approval appeared first on Vietnam Business News.

Saudi Arabia, Vietnam boost trade Posted: 19 Aug 2013 09:50 PM PDT Vietnam and Saudi Arabia have agreed to boost information exchange to promote trade in agricultural products such as rice, seafood, tea and coffee. That was the outcome of a meeting between the Vietnamese Deputy Minister of Agriculture and Rural Development Vu Van Tam and Saudi Arabian Deputy Minister of Agriculture Raber bin Mohammed Al-Shihri in [...] The post Saudi Arabia, Vietnam boost trade appeared first on Vietnam Business News.

Boosting exports to Malaysia Posted: 19 Aug 2013 09:50 PM PDT Vietnamese businesses are encouraged to penetrate deep into Malaysia – a potential market in Southeast Asia. The Vietnam Chamber of Commerce and Industry (VCCI) says Malaysia's demand for imported goods has increased over the years, from just US$117 billion worth of imports in 2009 to US$153 billion in 2010 and US$168 billion in 2011. For [...] The post Boosting exports to Malaysia appeared first on Vietnam Business News.

Aug 20: Vietnam gold falls to vnd38.08mln/tael, dollar stable Posted: 19 Aug 2013 09:45 PM PDT This morning, Vietnam gold fell by VND200,000/tael for ask and fell by VND330,000/tael for bid, comparing to yesterday close, following the world suite. Hochiminh was traded at VND37.68 million/tael for bid and VND38.08 million/tael for ask respectively as of 10:58 am, Hanoi time. SJC in the North quoted at VND37.68 million/tael for bid and VND38.08 [...] The post Aug 20: Vietnam gold falls to vnd38.08mln/tael, dollar stable appeared first on Vietnam Business News.

SBV vows to continue gold bidding until short supply ends Posted: 19 Aug 2013 09:44 PM PDT Approximately 55 tons of gold has been put into circulation through bidding, which has helped narrow the gap between the domestic and the international prices. But the gold demand is still very high. The international gold price rose sharply last Thursday and Friday, while the domestic price, which has always been going its way, went [...] The post SBV vows to continue gold bidding until short supply ends appeared first on Vietnam Business News.

Foreign investors and pro-desks boost buying as VN Index tops 500 Posted: 19 Aug 2013 09:41 PM PDT After being net sellers of Vietnamese stocks for 13 consecutive weeks, foreign investors changed to be net buyers in the week ending August 16 with a net buying of 690,000 shares or VND90 billion. GAS, MSN, PVD were most heavily bought. They net bought 600,000 GAS shares or VND42 billion, supporting GAS to set fresh [...] The post Foreign investors and pro-desks boost buying as VN Index tops 500 appeared first on Vietnam Business News.

SSC chairman: “Vietnam stock market have had great advances” Posted: 19 Aug 2013 09:41 PM PDT Vietnam stock market in its 13 years life has had strong advances as a channel for medium and long term capital raising to develop the country's economy Vietnam stock market in its 13 years life has had strong advances as a channel for medium and long term capital raising to develop the country's economy, Vu [...] The post SSC chairman: "Vietnam stock market have had great advances" appeared first on Vietnam Business News.

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