The Business Times: Tea brands need quality boost to expand exports

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• Tea brands need quality boost to expand exports
• Vietnam improves trade deficit with China
• The mysterious disappearance of the real estate giants
• Big guys rush to build seaports
• Vietnam yet to agree on expansion plan for first oil refinery
• Markets see trade value, volume plummet
• SCR: to float 7,149,030 new shares on aug 12
• Aug 5, 2013: Vietnam gold hovers atvnd37.85mln/tael
• Vietnam treasury plans to sell vnd30tln g-bonds in q3
• Consumer lending yet to prosper

Tea brands need quality boost to expand exports Posted: 04 Aug 2013 11:42 PM PDT HA NOI (VNS)— Tea export turnover in the first half of 2013 increased 3.3 per cent over the same period last year to reach US$94 million, despite export volume slipping by 0.4 per cent. Although the void was filled by a 6 per cent rise in export prices, the Viet Nam Tea Association claimed export [...] The post Tea brands need quality boost to expand exports appeared first on Vietnam Business News.

Vietnam improves trade deficit with China Posted: 04 Aug 2013 11:41 PM PDT Import surplus is one of the major problems that Vietnam and China need to address in the coming time. According to experts, Vietnam-China trade ties have grown through two phases. The first phase was from 1991 to 2000, following the normalization of bilateral relations.  During that period, trade turnover between the two countries increased from [...] The post Vietnam improves trade deficit with China appeared first on Vietnam Business News.

The mysterious disappearance of the real estate giants Posted: 04 Aug 2013 11:36 PM PDT Unable to arrange capital to implement real estate projects, losing money in risky investment deals, a lot of big guys in the real estate sector have gone missing to escape the public punishment. In late July 2013, the General Director of Minh Viet Investment JSC — Edward Chi, was reported as "missing." Hundreds of people, [...] The post The mysterious disappearance of the real estate giants appeared first on Vietnam Business News.

Big guys rush to build seaports Posted: 04 Aug 2013 11:32 PM PDT  Investing in seaports and hydropower plants is believed to be the business fields which can bring superprofit to huge investors. However, the projects are really the huge "money hungry machines." Dong Tam, Hoang Anh Gia Lai, Hoa Sen and Tan Hiep Phat all have listed themselves among the seaport investors. When deciding to invest in [...] The post Big guys rush to build seaports appeared first on Vietnam Business News.

Vietnam yet to agree on expansion plan for first oil refinery Posted: 04 Aug 2013 11:30 PM PDT The state-run Vietnam National Oil and Gas Group or PetroVietnam (PVN), the investor of Dung Quat refinery, and Binh Son Refining and Petrochemical Company (BSR). The state-run Vietnam National Oil and Gas Group or PetroVietnam (PVN), the investor of Dung Quat refinery, and Binh Son Refining and Petrochemical Company (BSR), the operator of the plant, [...] The post Vietnam yet to agree on expansion plan for first oil refinery appeared first on Vietnam Business News.

Markets see trade value, volume plummet Posted: 04 Aug 2013 11:26 PM PDT HA NOI (VNS)— Trade value and volume fell sharply on both national stock exchanges last week, with analysts forecasting that markets were likely to see sideway movements this week if there’s no positive news to buoy investor confidence. On the HCM City Stock Exchange, the VN-Index rose slightly by 0.15 per cent over the course [...] The post Markets see trade value, volume plummet appeared first on Vietnam Business News.

SCR: to float 7,149,030 new shares on aug 12 Posted: 04 Aug 2013 11:25 PM PDT Sai Gon Thuong Tin Real Estate JSC (SCR (SCR) will float 7,149,030 new shares on the Hanoi Stock Exchange (HNX) on August 12, raising its total number of shares listed on the bourse to 150,148,891 units. Source StoxPlus. The post SCR: to float 7,149,030 new shares on aug 12 appeared first on Vietnam Business News.

Aug 5, 2013: Vietnam gold hovers atvnd37.85mln/tael Posted: 04 Aug 2013 11:25 PM PDT This morning Vietnam gold was slightly eased and then rose again to VND37.85 million a tael as of 10:18 am- almost unchanged from last weekend close, bucking the world trend. Hochiminh was traded at VND37. 55 million/tael for bid and VND37.85million/tael for ask respectively as of 10:20 am, Hanoi time. SJC in the North quoted [...] The post Aug 5, 2013: Vietnam gold hovers atvnd37.85mln/tael appeared first on Vietnam Business News.

Vietnam treasury plans to sell vnd30tln g-bonds in q3 Posted: 04 Aug 2013 11:20 PM PDT The State Treasury of Vietnam is scheduled to raise VND30 trillion from the sale of government bonds with various maturities in the third quarter of this year, the Hanoi Stock Exchange (HNX) has said. Specifically, the State Treasury plans to issue VND8.5 trillion bonds of under 1-year terms, VND7 trillion 2-year debts, VND6 trillion 3-year [...] The post Vietnam treasury plans to sell vnd30tln g-bonds in q3 appeared first on Vietnam Business News.

Consumer lending yet to prosper Posted: 04 Aug 2013 11:20 PM PDT Many credit institutions have recently started to focus on extending credits for individuals, specifically consumer loans; yet, given difficult economic situation currently, it's still hard for banks to boost lending for consumption. In order to achieve credit growth and profit targets this year, many banks have recently launched various programs for consumers. In particular, many [...] The post Consumer lending yet to prosper appeared first on Vietnam Business News.

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