The Business Times: Veg oil imports under scrutiny

---

• Veg oil imports under scrutiny
• US still leading importer of goods from Viet Nam
• PVI provides insurance for Lai Chau power plant
• Aug 27: Vietnam gold hovers at vnd38.12mln/tael, dollar stable, domestic gold premium narrowed
• Vietnam: Total lending grows 5.4% by aug 20
• PVFC – Westernbank merge to form Pvcombank
• Foreign companies eye Vietnamese retail market
• Blue chips rescue ropey market
• Customs intensify inspection on milk import-export
• Suspected laundering tops $2.4b in 2012

Veg oil imports under scrutiny Posted: 26 Aug 2013 10:14 PM PDT HA NOI (VNS)— The Ministry of Industry and Trade is cracking down on imported vegetable oil, issuing a new decision last week to impose a new anti-dumping tax from September 7. The new tax will apply to refined soybean and palm oil, coded HS 1507.90.90, 1511.90.91, 1511.90.92 and 1511.90.99. The decision followed a proposal from [...] The post Veg oil imports under scrutiny appeared first on Vietnam Business News.

US still leading importer of goods from Viet Nam Posted: 26 Aug 2013 10:11 PM PDT HA NOI (VNS)— The US remained Viet Nam’s largest goods consumer, importing more than US$13 billion worth of goods over the past seven months (18 per cent of Viet Nam’s total export value), according to the Ministry of Industry and Trade’s Information Centre. Exports to the US had experienced a year-on-year increase of 17.2 per [...] The post US still leading importer of goods from Viet Nam appeared first on Vietnam Business News.

PVI provides insurance for Lai Chau power plant Posted: 26 Aug 2013 10:10 PM PDT HA NOI (VNS)— The Petro Viet Nam Insurance Joint Stock Corporation (PVI) has recently signed an agreement to provide insurance service for Lai Chau hydro power plant project owned by Viet Nam Electricity (EVN). With a total value of VND14.7 trillion (US$700 million), this has been one of the biggest insurance contracts for EVN so [...] The post PVI provides insurance for Lai Chau power plant appeared first on Vietnam Business News.

Aug 27: Vietnam gold hovers at vnd38.12mln/tael, dollar stable, domestic gold premium narrowed Posted: 26 Aug 2013 10:01 PM PDT This morning Vietnam gold was stable, being traded around VND38.12 million/tael, almost unchanged from yesterday close and yesterday morning. World gold eased. Hochiminh was traded at VND37.92 million/tael for bid and VND38.12 million/tael for ask respectively as of 10:10 am, Hanoi time. SJC in the North quoted at VND37.92 million/tael for bid and VND38.12 million/tael [...] The post Aug 27: Vietnam gold hovers at vnd38.12mln/tael, dollar stable, domestic gold premium narrowed appeared first on Vietnam Business News.

Vietnam: Total lending grows 5.4% by aug 20 Posted: 26 Aug 2013 09:45 PM PDT Total outstanding loans of the whole banking system, as of August 20, were estimated to grow by 5.4% from last December, the General Statistics Office (GSO) has said. Meanwhile, total deposits of the banking industry in the dong surged 9.5% from end-2012. The country's broadest measure of total money supply, or M2, rose 8.4% during [...] The post Vietnam: Total lending grows 5.4% by aug 20 appeared first on Vietnam Business News.

PVFC – Westernbank merge to form Pvcombank Posted: 26 Aug 2013 08:26 PM PDT PVFC, officially known as PetroVietnam Finance JS Corp., said it would hold a meeting on merger with Western Commercial JS Bank on Sept 8, 2013 to form a new entity named Vietnam Public Bank or Pvcombank. Earlier on May 18, PVFC's 2013 Annual General Meeting (AGM) approved the scheme to merge with Western Bank to [...] The post PVFC – Westernbank merge to form Pvcombank appeared first on Vietnam Business News.

Foreign companies eye Vietnamese retail market Posted: 26 Aug 2013 08:16 PM PDT The Vietnamese retail market is attracting a number of foreign investors, including those from Thailand and Japan. In its August 26 issue, Thailand's "Nation" newspaper said Thai and Japanese firms have realised the potential in the Vietnamese market. Retail business group Berli Jucket decided to acquire 65 percent of shares at Thai An Company which [...] The post Foreign companies eye Vietnamese retail market appeared first on Vietnam Business News.

Blue chips rescue ropey market Posted: 26 Aug 2013 08:15 PM PDT HA NOI (VNS)— Robust rises in dairy giant Vinamilk (VNM) and Masan Group (MSN) rescued the VN-Index from a fall yesterday, buoying the index 0.76 per cent to close on 490.54 points after a 6 point slide in the morning. The market tumbled earlier in the day, retaliating to a surge in August CPI (consumer [...] The post Blue chips rescue ropey market appeared first on Vietnam Business News.

Customs intensify inspection on milk import-export Posted: 26 Aug 2013 08:11 PM PDT Vietnam Customs has taken tougher measures to control the import and export of dairy products. The move aims to ensure food hygiene and safety, and prevent the import of unqualified milk, which may cause harm to consumers' health. Strict regulation will be imposed on imported dairy products, especially those shipped from New Zealand, which is [...] The post Customs intensify inspection on milk import-export appeared first on Vietnam Business News.

Suspected laundering tops $2.4b in 2012 Posted: 26 Aug 2013 08:09 PM PDT The State Bank of Viet Nam has announced that it discovered transactions worth more than VND50.9 trillion (US$2.41 billion) last year that it suspects are related to money laundering. The amount includes transactions in other currencies that have been converted into Vietnamese dong. The central bank said it has submitted 165 reports on such transactions [...] The post Suspected laundering tops $2.4b in 2012 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