The Business Times: TPP drives textile, garment firms to step up production

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• TPP drives textile, garment firms to step up production
• Sugar stockpile reaches sweet spot
• Vietnam pursues cautious, flexible monetary policy
• Investment incentives begged for bauxite projects
• US experts advise Vietnam how to lift aviation industry to new heights
• MoF examines ways to restructure tax debt
• Fewer jobs for real estate brokers and consultants in crisis
• Asia’s wealthy eyes property in Vietnam

TPP drives textile, garment firms to step up production Posted: 27 Sep 2013 08:35 PM PDT HA NOI (VNS)  — Textile and garment enterprises in southern Dong Nai Province have, according to the regulations of the Trans-Pacific Partnership Agreement (TPP), made great efforts to improve production The move aims to help them take the advantages of the agreement in export activities after the expected signing of the agreement at year’s end. [...] The post TPP drives textile, garment firms to step up production appeared first on Vietnam Business News.

Sugar stockpile reaches sweet spot Posted: 27 Sep 2013 08:32 PM PDT HA NOI (VNS)  — Sugar inventory reached 221,310 tonnes as of mid-September, 99,310 tonnes higher than the same period last year, according to the Department of Processing and Trade for Agro-forestry-Fisheries Products and Salt Production. The volume sold between August 15 to September 15 was 36,300 tonnes higher than the same period last year, reaching [...] The post Sugar stockpile reaches sweet spot appeared first on Vietnam Business News.

Vietnam pursues cautious, flexible monetary policy Posted: 27 Sep 2013 08:30 PM PDT The government has pursued a cautious but flexible monetary policy over the past three years against the background that the global economy was recovering slowly and domestic inflation soared to 13.29% in the first half of 2011, reports the Vietnam Government Portal. The policy aims to stabilise macro-economy, control inflation, ensure the safety of the [...] The post Vietnam pursues cautious, flexible monetary policy appeared first on Vietnam Business News.

Investment incentives begged for bauxite projects Posted: 27 Sep 2013 08:29 PM PDT Affirming that bauxite projects would be profitable, the Vietnam Coal and Mineral Industries Group (Vinacomin) has asked for the preferences in borrowing capital, tax incentives and fee reductions to help ease difficulties. According to Vinacomin, the two alumin projects Lam Dong and Nhan Co both are developed in the localities with very difficult socio-economic conditions, [...] The post Investment incentives begged for bauxite projects appeared first on Vietnam Business News.

US experts advise Vietnam how to lift aviation industry to new heights Posted: 27 Sep 2013 08:27 PM PDT There is room for further co-operation between the US and Viet Nam in developing aviation infrastructure, safety and security, industry officials said at a conference held on Wednesday in HCM City. Le Manh Hung, general director of the Airport Corporation of Viet Nam, said the country’s aviation industry had developed well despite the impact from [...] The post US experts advise Vietnam how to lift aviation industry to new heights appeared first on Vietnam Business News.

MoF examines ways to restructure tax debt Posted: 27 Sep 2013 08:25 PM PDT HA NOI (VNS)  — The Ministry of Finance has proposed to freeze and extend tax debt repayment terms for ailing businesses which would be able to commit to paying tax in the future. The proposal was made against a backdrop of skyrocketing tax debts as enterprises have toiled in the face of an economic downturn. [...] The post MoF examines ways to restructure tax debt appeared first on Vietnam Business News.

Fewer jobs for real estate brokers and consultants in crisis Posted: 27 Sep 2013 08:25 PM PDT  Foreign real estate service firms once "bossed the show" in the golden age of the real estate market. However, in the economic crisis, things have got quite different.   CBRE Vietnam's CEO Marc Townsend and his staff might be very happy when the firm's office moved to the BIDV Tower in the central area of [...] The post Fewer jobs for real estate brokers and consultants in crisis appeared first on Vietnam Business News.

Asia’s wealthy eyes property in Vietnam Posted: 27 Sep 2013 08:22 PM PDT Asia's high net worth individuals have contributed to a $37m Vietnam real estate fund that may generate an investment return of between 20% and 25% annually. EXS Capital, an alternative investment and wealth management group, raised the fund from Asian investors, a large number of them from Japan, says Eric Solberg, Co-Founder and CEO. The [...] The post Asia's wealthy eyes property in Vietnam appeared first on Vietnam Business News.

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