The Business Times: Sugar group calls for help

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• Sugar group calls for help
• Banks to boost capital at the end of the year
• VFA acts against rice export deal cancellations
• 15 million inactive mobile numbers to be recalled
• Troika-like position drives the retail market
• Boosting exports to GCC region

Sugar group calls for help Posted: 18 Aug 2013 12:17 AM PDT The Viet Nam Sugar and Sugarcane Association (VSSA) has asked Prime Minister Nguyen Tan Dung to only allow the export of domestically produced sugar in order to help local producers. In addition, the association has requested a ban on the temporary import and re-export of sugar. The proposal was submitted following forecasts by the Ministry [...] The post Sugar group calls for help appeared first on Vietnam Business News.

Banks to boost capital at the end of the year Posted: 18 Aug 2013 12:16 AM PDT To meet capital demand of customers, especially businesses at the end of the year, banks said that at present, liquidity is in surplus and interest rates have been adjusted in order to unleash credit flow. However, banks' leaders also admitted that it is hard to expect an unexpected credit growth. In the first haft of [...] The post Banks to boost capital at the end of the year appeared first on Vietnam Business News.

VFA acts against rice export deal cancellations Posted: 17 Aug 2013 11:23 PM PDT The Vietnam Food Association (VFA) said it would introduce a new form of contract to prevent cancellation of rice export contracts, which has been rampant in recent months. Buyers cancel more contracts than sellers VFA Vice Chairman Pham Van Bay remarked both sellers (local companies) and buyers (foreign partners) had cancelled a large number of [...] The post VFA acts against rice export deal cancellations appeared first on Vietnam Business News.

15 million inactive mobile numbers to be recalled Posted: 17 Aug 2013 11:21 PM PDT Vietnam currently has around 15 million inactive mobile phone numbers out of the total number of 140 million mobile subscribers nationwide, and will recall them by September 30.  Inactive mobile phone numbers are numbers which are unused but still recorded on the mobile network. The existence of inactive numbers is a waste of the number [...] The post 15 million inactive mobile numbers to be recalled appeared first on Vietnam Business News.

Troika-like position drives the retail market Posted: 17 Aug 2013 11:20 PM PDT  Having 130 operational shopping malls, 700 supermarkets and over 1,000 convenience stores, the Vietnamese retail market has been dominated by the three biggest names Co-op Mart, Big C and Metro. The "boundary" between wholesale and retail has been blurred. Co-op Mart pairs off with Big C The confrontation between Big C and Co-op Mart is [...] The post Troika-like position drives the retail market appeared first on Vietnam Business News.

Boosting exports to GCC region Posted: 17 Aug 2013 11:19 PM PDT The Cooperation Council for the Arab States of the Gulf, also known as the Gulf Cooperation Council (GCC) region, is a market rich in potential for Vietnam's farm produce, consumer goods, and processed & industrial products. The GCC is a political and economic alliance comprises of its six member nations Saudi Arabia, Kuwait, the United [...] The post Boosting exports to GCC region appeared first on Vietnam Business News.

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