The Business Times: Footwear export achieves high value

---

• Footwear export achieves high value
• HCM City hosts telecoms expo
• Trade deficit with China hits US$19.7 billion
• HCM City fuels investment interest in energy industry
• ODA disbursement hits nearly US$37.6bil
• Upmarket condo prices still high despite illiquidity
• Sticky property disputes poised to surface: Expert
• Vietnamese tea exports slump to $186m this year
• State-owned commercial banks have to maintain 2% of deposits at VBSP
• SaigonBank’s bad debt ratio at approximately 4pct

Footwear export achieves high value Posted: 20 Nov 2013 08:43 PM PST Footwear has turned out to be one of Viet Nam’s leading exported items, making its presence in many markets all over the world, according to the Ministry of Industry and Trade. According to the General Department of Viet Nam Customs, export value of footwear surged from US$6.55 billion in 2011 to US$7.26 billion in 2012. [...] The post Footwear export achieves high value appeared first on Vietnam Business News.

HCM City hosts telecoms expo Posted: 20 Nov 2013 07:45 PM PST The 15th International Telecoms and Information Technology (Viet Nam Telecoms 2013) exhibition in HCM City is displaying the latest telecommunication technologies and services to local companies and customers. “Attendees can see and meet famous producers,” said Le Nam Thang, deputy minister of Information and Communications, while opening the exhibition yesterday. The four-day event, held in [...] The post HCM City hosts telecoms expo appeared first on Vietnam Business News.

Trade deficit with China hits US$19.7 billion Posted: 20 Nov 2013 07:44 PM PST In the first nine months of this year, Vietnam imported 43 kinds of products from China worth more than US$26.74 billion. Among many products exceeding the level of more than US$1 billion each were machinery and equipment, telephones and components, computers, electronics, cotton, and steel. Vietnam's exports to China grew by just 2.61%. The country's [...] The post Trade deficit with China hits US$19.7 billion appeared first on Vietnam Business News.

HCM City fuels investment interest in energy industry Posted: 20 Nov 2013 07:41 PM PST The 10th ASEAN Council on Petroleum Conference & Exhibition (ASCOPE) is due to take place in Ho Chi Minh City from November 28-30. The event, "Fuelling the future of ASEAN towards Sustainable Development", is expected to attract around 500 delegates from the energy industry. Their main objective will be to share and discuss topical issues [...] The post HCM City fuels investment interest in energy industry appeared first on Vietnam Business News.

ODA disbursement hits nearly US$37.6bil Posted: 20 Nov 2013 07:40 PM PST International donors have pledged US$78.195 billion in official development assistance (ODA) for Vietnam over the next 20 years. Of this figure, agreements worth US$58.463 billion have been signed, and US$37.597 billion have been disbursed. Many ODA-funded projects have already been implemented, providing fresh impetus for socio-economic development and contributing greatly to poverty reduction. In recent [...] The post ODA disbursement hits nearly US$37.6bil appeared first on Vietnam Business News.

Upmarket condo prices still high despite illiquidity Posted: 20 Nov 2013 07:33 PM PST Although some projects have seen an increase in deals in recent time, the Vietnamese real estate market remains gloomy in general. Inventories are huge and keep rising because more projects are being completed and put into use. But, prices remain exorbitant, well beyond affordability level for most buyers. Illiquidity Hyundai Hillstate Project (located in Ha [...] The post Upmarket condo prices still high despite illiquidity appeared first on Vietnam Business News.

Sticky property disputes poised to surface: Expert Posted: 20 Nov 2013 07:31 PM PST Gridlocked disputes on the local property market will likely surface soon involving developers, home buyers and banks as the industry's situation is worsening, said an expert at a seminar in Hanoi on Tuesday. Disputes on the local market so far have largely been confined to disagreements between housing developers and homebuyers on the schedules of [...] The post Sticky property disputes poised to surface: Expert appeared first on Vietnam Business News.

Vietnamese tea exports slump to $186m this year Posted: 20 Nov 2013 07:29 PM PST Viet Nam has shipped more than 115,000 tonnes of tea within the first 10 months of 2013, earning US$186.6 million, according to the Ministry of Industry and Trade. The country’s tea exports saw a 5.5 per cent decline in terms of volume and a 0.2 per cent decrease in value over the same period last [...] The post Vietnamese tea exports slump to $186m this year appeared first on Vietnam Business News.

State-owned commercial banks have to maintain 2% of deposits at VBSP Posted: 20 Nov 2013 07:27 PM PST The State Bank of Vietnam (SBV) has issued Circular No. 23/2013/TT-NHNN stipulating that state-owned credit institutions have to maintain 2% of their total deposits at Vietnam Bank for Social Policies (VBSP), local newswire Tri Thuc Tre reported. Accordingly, every year, credit institutions including state-owned banks and joint-stock commercial banks where the state owns more than [...] The post State-owned commercial banks have to maintain 2% of deposits at VBSP appeared first on Vietnam Business News.

SaigonBank’s bad debt ratio at approximately 4pct Posted: 20 Nov 2013 07:25 PM PST Saigon Commercial Joint Stock Bank for Industry and Trade (SaigonBank) has recently announced its consolidated business performance in the first 9 months of this year with pre tax profit at nearly 389 bln dong and after tax profit at 311.5 bln dong. The bank's pre tax profit target this year is set at 412 billion [...] The post SaigonBank's bad debt ratio at approximately 4pct 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