The Business Times: Vietnam’s rice export reaches over 4.6 million tonnes

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• Vietnam’s rice export reaches over 4.6 million tonnes
• Vietnam, Rome strengthen economic cooperation
• Vietnam, Italy hope to cement economic ties
• Fund-management profits ‘unsustainable’
• Local corporate bond market still small
• Policy cracks down on online game content
• Beeline failure stings foreign players

Vietnam’s rice export reaches over 4.6 million tonnes Posted: 08 Sep 2013 12:10 AM PDT Vietnam exported almost 4.7 million tonnes of rice in the first eight months of this year, according to the Vietnam Food Association (VFA). Over the period, China, the Philippines, Cuba, Malaysia, Hong Kong (China) and the African markets have been major importers of Vietnamese rice. Though Vietnam's rice export to Asia in the period dropped [...] The post Vietnam's rice export reaches over 4.6 million tonnes appeared first on Vietnam Business News.

Vietnam, Rome strengthen economic cooperation Posted: 08 Sep 2013 12:01 AM PDT Newly appointed Roman Mayor Ignazio Marino has used a working session with Vietnamese Ambassador to Italy Nguyen Hoang Long to reiterate Italy's desire to expand its economic cooperation with Vietnam. Mayor  Marino highlighted the especially strong relationship between the two countries' capitals of Rome and Hanoi. Ambassador Long expressed his willingness to serve as a [...] The post Vietnam, Rome strengthen economic cooperation appeared first on Vietnam Business News.

Vietnam, Italy hope to cement economic ties Posted: 07 Sep 2013 11:43 PM PDT The Vietnamese Embassy in Italy is ready and willing to promote a higher level of comprehensive cooperation between the two countries. Ambassador Nguyen Hoang Long made the statement during a meeting with the newly-elected Mayor of Rome Ignazio Marino in the capital on September 6. He said that forums and meetings should be held between [...] The post Vietnam, Italy hope to cement economic ties appeared first on Vietnam Business News.

Fund-management profits ‘unsustainable’ Posted: 07 Sep 2013 09:47 PM PDT Most fund management firms made profits not from their core business, but financial activities in the first half of the year. However, some industry insiders are concerned about the trend. They say sustainable growth of fund management firms whose profits mainly come from financial activities are often extremely volatile as parent companies or related partners [...] The post Fund-management profits 'unsustainable’ appeared first on Vietnam Business News.

Local corporate bond market still small Posted: 07 Sep 2013 09:45 PM PDT The local corporate bond market is seen small compared to other Asian peers, with its outstanding balances totaling some VND70 trillion or only about 2.47% of the nation's gross domestic product in 2012, said an official of the Ministry of Finance. Do Viet Dung of the Finance-Banking Department under the ministry told a recent seminar [...] The post Local corporate bond market still small appeared first on Vietnam Business News.

Policy cracks down on online game content Posted: 07 Sep 2013 09:10 PM PDT Dozens of businesses producing and distributing illegal video games face closure following a government decree slated to take effect from September 1. The decree governs the management, supply, and usage of internet services and online information. The decree is aimed at helping develop online game businesses but also managing game content to prevent young people [...] The post Policy cracks down on online game content appeared first on Vietnam Business News.

Beeline failure stings foreign players Posted: 07 Sep 2013 09:01 PM PDT Vietnam's telecom market has been characterised by cut-throat price competition, according to a newly released report on the Southeast Asian telecom market by global market research Business Monitor International. The report underscored that fierce price battles between service providers had eaten into profits and prompted the exit of foreign players. Sweden's Comvik, South Korea's SK [...] The post Beeline failure stings foreign players appeared first on Vietnam Business News.

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