The Business Times: Viettel to provide 3G services in Cameroon

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• Viettel to provide 3G services in Cameroon
• Nation lauded as new ‘King of Coffee’ by French publication
• Binh Duong nails 2013 FDI target
• Ba Ria–Vung Tau mulls Japanese tourism bid
• Vietnam needs to win over European businesses
• Why Thai investors decide to pour billions of dollars into Vietnam?
• Importers may set GMO barrier against VN’s exports, experts worry
• Central bank’s regulations on gold keeping service raises worries
• Only 39 percent of M&A deals lead to success
• Shirmp accounts more than 40% of seafood export in 7m/2013: VASEP

Viettel to provide 3G services in Cameroon Posted: 28 Aug 2013 12:00 AM PDT The Vietnamese military telecommunication group (Viettel) has chosen IBM solutions to build its 3G infrastructures Cameroon. Based on IBM System X server, the IBM Smarter Storage and the IBM Database 2 softwares will serve as an information technology foundation for Viettel to offer advanced integrated mobile services to millions of new subscribers in the country. [...] The post Viettel to provide 3G services in Cameroon appeared first on Vietnam Business News.

Nation lauded as new ‘King of Coffee’ by French publication Posted: 27 Aug 2013 11:58 PM PDT HA NOI (VNS) — Viet Nam has been praised as the new King of Coffee in a recent article posted on Le Point – a French weekly magazine. Titled “Le Viet Nam, nouveau roi du cafe”, the article said Viet Nam is the world’s second largest coffee producer after Brazil, supplying 39 per cent of [...] The post Nation lauded as new 'King of Coffee’ by French publication appeared first on Vietnam Business News.

Binh Duong nails 2013 FDI target Posted: 27 Aug 2013 11:55 PM PDT BINH DUONG (VNS)— Southern economic hub Binh Duong yesterday announced that it had achieved the full-year target of attracting US$1 billion worth foreign direct investment (FDI). Le Thanh Cung, chairman of the province People’s Committee, said despite the global and national economic difficulties, FDI flows into Binh Duong remain strong. “The province has attracted $1.049 [...] The post Binh Duong nails 2013 FDI target appeared first on Vietnam Business News.

Ba Ria–Vung Tau mulls Japanese tourism bid Posted: 27 Aug 2013 11:54 PM PDT HCM CITY (VNS)— Ba Ria- Vung Tau Province should improve and promote its tourism attractions to attract more people from Japan, a Japanese diplomat based in HCM City told a seminar held in Vung Tau City last week. Sato Kakuro, deputy consul general, said the province had an abundance of tourism resources and things in [...] The post Ba Ria–Vung Tau mulls Japanese tourism bid appeared first on Vietnam Business News.

Vietnam needs to win over European businesses Posted: 27 Aug 2013 11:53 PM PDT The 12th quarterly EuroCham Business Climate Index (BCI) survey released on August 27, shows that business confidence and outlook among European businesses in Vietnam remains unchanged from last mark at around the 50%. But EuroCham members involved in the survey are very concerned about their current business prospects on account of increased inflation levels as well [...] The post Vietnam needs to win over European businesses appeared first on Vietnam Business News.

Why Thai investors decide to pour billions of dollars into Vietnam? Posted: 27 Aug 2013 11:50 PM PDT Just within a short time, the two big Thai energy conglomerates announced the huge investments in the $27 billion Nhon Hoi petrochemical project and the $2.2 billion Quang Tri thermopower plant project. The huge projects PTT, the Thai oil and gas group, plans to contribute 30-40 percent of capital into the Nhon Hoi petrochemical complex [...] The post Why Thai investors decide to pour billions of dollars into Vietnam? appeared first on Vietnam Business News.

Importers may set GMO barrier against VN’s exports, experts worry Posted: 27 Aug 2013 11:49 PM PDT Vietnamese associations have warned their members that import countries may prevent the GMO (genetically modified organisms) exports from Vietnam, which is considered a technical barrier like the antibiotics residue one. Prof Vo Tong Xuan, who is considered the Vietnamese leading rice expert, said foreign importers have become taken more cautious when importing farm produce, while [...] The post Importers may set GMO barrier against VN’s exports, experts worry appeared first on Vietnam Business News.

Central bank’s regulations on gold keeping service raises worries Posted: 27 Aug 2013 11:47 PM PDT  Under the draft regulation compiled by the State Bank of Vietnam, commercial banks don't have to pay back to customers the exact gold bars they entrusted to banks under the safekeeping services. The draft regulation stipulates that commercial banks must not use the bullion gold customers entrust with them for any purposes, either to convert [...] The post Central bank's regulations on gold keeping service raises worries appeared first on Vietnam Business News.

Only 39 percent of M&A deals lead to success Posted: 27 Aug 2013 11:44 PM PDT Merger and acquisition (M&A) was once considered the best way for enterprises to expand their business scale. However, the latest surveys on the post-M&A period showed 61 percent of the deals led businesses to failures. According to the M&A research team–Vietnam Forum, the M&A market witnessed a five fold growth rate in 2009-2013, from $1.08 [...] The post Only 39 percent of M&A deals lead to success appeared first on Vietnam Business News.

Shirmp accounts more than 40% of seafood export in 7m/2013: VASEP Posted: 27 Aug 2013 10:46 PM PDT Shirmp value accounted for nearly 40% of the country's total seafood export value in the first 7 months of this year, Vnexpress .net reported, citing information from the Vietnam Association of Seafood Exporters and Producers (VASEP). In details, the country earned $1.4 billion from shrimp export in Jan-July period, rising 45% on year, accounting for [...] The post Shirmp accounts more than 40% of seafood export in 7m/2013: VASEP appeared first on Vietnam Business News.

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