The Business Times: Foreign glee as cap on stakes look set to rise

---

• Foreign glee as cap on stakes look set to rise
• Shoes makers may fail to grab TPP opportunities ‘cause of material shortage
• Dollar market wakes up suddenly after long sleep
• Vietnam pays $4.26 billion of debt in 11 months
• Vietnam banking – finance landscape before and after joining WTO
• VietinBank buys nearly VND3.3 trillion debts of CII
• Interbank trading dong +11%, dollar +31% in week ending november 22
• WB approves US$25 million credit to better Vietnam’s water resources management
• Vietnam aims to capitalise on border trade
• New horizon in e-commerce for Vietnamese businesses

Foreign glee as cap on stakes look set to rise Posted: 29 Nov 2013 10:24 PM PST Foreign investors may soon have their hopes of higher ownership ratios in listed companies realised. The State Securities Commission has just submitted a draft decision to the prime minister governing foreign ownership limits in listed companies. If passed the decision would allow foreign investors to own up to 60 per cent of total voting shares [...] The post Foreign glee as cap on stakes look set to rise appeared first on Vietnam Business News.

Shoes makers may fail to grab TPP opportunities ‘cause of material shortage Posted: 29 Nov 2013 10:20 PM PST The Trans Pacific Strategic Partnership Agreement (TPP) is believed to create 1 million jobs in Vietnam's leader and shoes industry. In order to take full advantage of the agreement, Vietnamese shoes makers have to settle the existing material problem. The Lien Anh Leather & Shoes Company in Binh Duong province has incurred a loss of [...] The post Shoes makers may fail to grab TPP opportunities 'cause of material shortage appeared first on Vietnam Business News.

Dollar market wakes up suddenly after long sleep Posted: 29 Nov 2013 10:17 PM PST The dollar market, which has been stable for a long time, has heated up with the prices increasing in both the black and official markets. The dollar price on the black market has increased to VND21,280 per dollar, the highest peak since August. The manager of a joint stock bank in Hanoi on November 27, [...] The post Dollar market wakes up suddenly after long sleep appeared first on Vietnam Business News.

Vietnam pays $4.26 billion of debt in 11 months Posted: 29 Nov 2013 10:15 PM PST In the January-November period of 2013, the state budget paid VND89.5 trillion of debt ($4.26 billion), equivalent to about 11 percent of the total budget spending. A report of the General Statistics Office said that the total state budget spending by November 15 was estimated at VND803.1 trillion (over $38.2 billion). The payment for debt [...] The post Vietnam pays $4.26 billion of debt in 11 months appeared first on Vietnam Business News.

Vietnam banking – finance landscape before and after joining WTO Posted: 29 Nov 2013 10:14 PM PST The National Assembly’s Economic Committee has just released the report on financial regulation, restructuring financial markets and monetary policy effectiveness in Vietnam, local newswire Tri Thuc Tre reported. According to the report, the number of newly licensed commercial banks in the post-WTO period is not much. In other words, most commercial banks had been licensed and put [...] The post Vietnam banking – finance landscape before and after joining WTO appeared first on Vietnam Business News.

VietinBank buys nearly VND3.3 trillion debts of CII Posted: 29 Nov 2013 10:12 PM PST Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietinbank) has just bought nearly VND3.300 billion bank debts of Ho Chi Minh City Infrastructure Investment JSC (CII – HOSE), local newswire VnEconomy reported. Ho Chi Minh City Infrastructure Investment JSC (CII) has just announced the comprehensive cooperation agreement between the company and Vietinbank. Accordingly, as of [...] The post VietinBank buys nearly VND3.3 trillion debts of CII appeared first on Vietnam Business News.

Interbank trading dong +11%, dollar +31% in week ending november 22 Posted: 29 Nov 2013 10:10 PM PST The total interbank trading value of the dong rose by 11.4% to VND100.973 trillion in the week ending November 22 from VND99.66 trillion a week earlier while that of the dollar rose 30.9% to VND56.722 trillion from VND43.348 trillion. The total interbank trading value of the dong rose by 11.4% to VND100.973 trillion in the [...] The post Interbank trading dong +11%, dollar +31% in week ending november 22 appeared first on Vietnam Business News.

WB approves US$25 million credit to better Vietnam’s water resources management Posted: 29 Nov 2013 10:08 PM PST The World Bank on November 28 approved a US$25 million credit to Vietnam to help Vietnam better manage trans-boundary water resources and climate risks The World Bank on November 28 approved a US$25 million credit to Vietnam to help Vietnam better manage trans-boundary water resources and climate risks through river basin approaches and improved water [...] The post WB approves US$25 million credit to better Vietnam's water resources management appeared first on Vietnam Business News.

Vietnam aims to capitalise on border trade Posted: 29 Nov 2013 10:06 PM PST Deputy Minister of Industry and Trade Nguyen Cam Tu has made it clear that border gates have become gateways and springboards for neighbouring countries to transport goods to each other, within the region and beyond. He made the remark at the International Development Partnership Forum on Cross-Border Trade that was held by the Ministry of [...] The post Vietnam aims to capitalise on border trade appeared first on Vietnam Business News.

New horizon in e-commerce for Vietnamese businesses Posted: 29 Nov 2013 10:06 PM PST Vietnam has a great chance to boost cooperation with other countries in the field of e-commerce as a member of the Asia Pacific Council for Trade Facilitation and Electronic Business (AFACT). Businesses from the country can also learn from and share experience with other member countries and territories worldwide in the field to enhance their [...] The post New horizon in e-commerce for Vietnamese businesses 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