The Business Times: Vietnam ETF could offer a year-end surprise

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• Vietnam ETF could offer a year-end surprise
• Is it time to scoop up Vietnam properties?
• HCM city bid to thaw frozen property market
• New market report: Vietnam infrastructure report q4 2013
• VFA lowers rice export target
• Fertiliser imports increase in first eight months
• Chinese scramble for shrimp in Vietnam
• Poland’s pharmaceutical firm set to operate in Vietnam
• Garment sector lacking in material input
• Nine-month ODA disbursement hits US$3.1 billion

Vietnam ETF could offer a year-end surprise Posted: 26 Sep 2013 01:00 AM PDT Southeast Asia has not been immune from economic controversy this year. ETFs tracking Indonesia, the region”s largest economy, have plummeted due to the country”s widening account deficit and sagging rupiah. The iShares MSCI Malaysia ETF (EWM) look good for a minute after national elections there earlier this year, but the fund wilted in the face [...] The post Vietnam ETF could offer a year-end surprise appeared first on Vietnam Business News.

Is it time to scoop up Vietnam properties? Posted: 26 Sep 2013 12:57 AM PDT After the long, grinding downturn in Vietnam’s property market, some investors say now is the time to jump back in. Vietnam”s listed real-estate companies have bottomed out, said David Roes, CEO of Asean Investment Management, which has about 90 percent of its $10 million under management invested in the country. After a four-year bear market, [...] The post Is it time to scoop up Vietnam properties? appeared first on Vietnam Business News.

HCM city bid to thaw frozen property market Posted: 26 Sep 2013 12:53 AM PDT Developers can change commercial housing projects to social housing or reduce the size of apartments once they build infrastructure, the HCM City administration has said. Speaking at a meeting held on Monday to discuss the issue, Nguyen Huu Tin, deputy chairman of the HCM City People’s Committee, said the changes are permitted to help thaw [...] The post HCM city bid to thaw frozen property market appeared first on Vietnam Business News.

New market report: Vietnam infrastructure report q4 2013 Posted: 26 Sep 2013 12:51 AM PDT Vietnam’s construction sector is still in an upward cyclical phase, as evidenced by a real growth rate of 5.1% y-o-y in H113. Therefore, we are maintaining our view that the recovery in Vietnam”s construction sector could last well into 2013 – our real growth forecasts for the sector remain at 5.3% for 2013 – as [...] The post New market report: Vietnam infrastructure report q4 2013 appeared first on Vietnam Business News.

VFA lowers rice export target Posted: 26 Sep 2013 12:48 AM PDT HA NOI (VNS)  — The Viet Nam Food Association (VFA) has lowered its rice export target for 2013 from 7.5 million to between 7 – 7.2 million tonnes with a turnover of US$3 billion due to low export levels and falling prices. For this month alone, the association estimated rice exports would be 650,000 tonnes, [...] The post VFA lowers rice export target appeared first on Vietnam Business News.

Fertiliser imports increase in first eight months Posted: 26 Sep 2013 12:46 AM PDT HA NOI (VNS)  – The country had spent US$1.12 billion in importing 2.94 million tonnes of fertiliser over the past eight months, or a yearly increase of 28 per cent in value and 12 per cent in volume, according to the General Department of Customs. During the reviewed period, SA fertiliser posted the highest import [...] The post Fertiliser imports increase in first eight months appeared first on Vietnam Business News.

Chinese scramble for shrimp in Vietnam Posted: 26 Sep 2013 12:42 AM PDT Chinese merchants have been collecting shrimps in many provinces and cities without licenses, disturbing the domestic market now and causing long term damages. The Vietnam Association of Seafood Exporters and Producers (VASEP) has sent two urgent dispatches to competent agencies, reporting that Chinese merchants have come to Vietnam to collect shrimps in large quantities, about [...] The post Chinese scramble for shrimp in Vietnam appeared first on Vietnam Business News.

Poland’s pharmaceutical firm set to operate in Vietnam Posted: 26 Sep 2013 12:39 AM PDT Polpharm- a leading pharmaceutical group of Poland has included Vietnam in its market development strategy in Southeast Asia. Polpharm's investment scheme and its already successful operations in the EU, Russia, Kazakhstan, and Central Asia were announced at a September 25 to debut its business operations in Vietnam. It will open a representative office in Hanoi [...] The post Poland's pharmaceutical firm set to operate in Vietnam appeared first on Vietnam Business News.

Garment sector lacking in material input Posted: 26 Sep 2013 12:36 AM PDT The local garment industry enjoys high export revenue but depends largely on imported materials. According to Vietnam customs, its exports from January to September earned US$12.237 billion, up 16.9% compared to the same period last year. Le Quang Hung, Head of the Saigon garment and textile joint stock company (Gamex Saigon), says local producers are [...] The post Garment sector lacking in material input appeared first on Vietnam Business News.

Nine-month ODA disbursement hits US$3.1 billion Posted: 26 Sep 2013 12:28 AM PDT More than US$3.1 billion out of nearly US$4.6 billion in official development assistance (ODA) have been disbursed over the past nine months. According to the Ministry of Industry and Trade (MoIT), the disbursement of ODA and preferential loans has made significant progress, especially in the projects funded by Japan International Cooperation Agency (JICA) and World [...] The post Nine-month ODA disbursement hits US$3.1 billion appeared first on Vietnam Business News.

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