The Business Times: Steel firms concerned about anti-dumping taxes

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• Steel firms concerned about anti-dumping taxes
• EU, US increase orders of handicrafts
• VN, Japan to boost joint tourism
• Economic activities fail to enliven shares
• Vietnam c.bank net withdraws vnd2,508bln via OMO in october
• Two-thirds of enterprises incur losses
• Vietnam customs generates vnd173tln worth of taxes by oct 20, 2013
• Coffee exports slow down
• SBV’s Governor on credit growth, agricultural – rural credit, NPLs and VAMC
• Banks look to purchase finance companies

Steel firms concerned about anti-dumping taxes Posted: 03 Nov 2013 09:05 PM PST Posco VST Company and Hoa Binh Inox Company in May filed a request for an investigation into dumping of cold rolled stainless steel products imported from China, Taiwan, Malaysia and Indonesia. HCMC – Over 15 cold-rolled stainless steel producers have sent a petition to the Ministry of Industry and Trade to express concerns over possible [...] The post Steel firms concerned about anti-dumping taxes appeared first on Vietnam Business News.

EU, US increase orders of handicrafts Posted: 03 Nov 2013 09:03 PM PST HCM CITY (VNS)—  Domestic handicraft exporters are benefiting from a new trend in which customers from the EU and the US are moving to Viet Nam, according to the Handicraft and Wood Industry Association of HCM City (HAWA). Hawa said that the price of Vietnamese handicraft products was much cheaper compared with other countries, including [...] The post EU, US increase orders of handicrafts appeared first on Vietnam Business News.

VN, Japan to boost joint tourism Posted: 03 Nov 2013 08:28 PM PST HA NOI (VNS) — Viet Nam-Japan tourism co-operation would focus on exchanging visitors, providing technical support and developing human resources, said Nguyen Manh Cuong, deputy general director of the Viet Nam National Administration of Tourism. In the fifth meeting of the Viet Nam-Japan Tourism Co-operation Committee last Friday, Cuong said Japan had announced that Viet [...] The post VN, Japan to boost joint tourism appeared first on Vietnam Business News.

Economic activities fail to enliven shares Posted: 03 Nov 2013 08:27 PM PST Shares were mixed last week with a weak cash flow and cautious investors, but some data hinted at economic recovery. On the HCM City Stock Exchange, the VN-Index lost 0.7 per cent over the previous Friday’s close to end at 497.08 points. The average trading volume reached VND962.3 billion (US$45.3 million), accounting for only 78.3 [...] The post Economic activities fail to enliven shares appeared first on Vietnam Business News.

Vietnam c.bank net withdraws vnd2,508bln via OMO in october Posted: 03 Nov 2013 08:25 PM PST There is a relative balance between issuance volume and due volume for both VND1,135 billion was the amount net withdrew via Reverse Repo transactions Despite a few small ripples in the month, overall capital needs of the banks were not high, leading to the total bid-winning amount in October of VND7,010 billion (an increase of [...] The post Vietnam c.bank net withdraws vnd2,508bln via OMO in october appeared first on Vietnam Business News.

Two-thirds of enterprises incur losses Posted: 03 Nov 2013 08:24 PM PST Up to two-thirds of 450,000 local enterprises have reported losses in business this year, said Deputy Minister of Finance Do Hoang Anh Tuan at a conference in Hanoi on Wednesday. Despite the high ratio of money-long enterprises, this figure is still lower than the ratio of 69% last year, Tuan told the dialogue on taxation [...] The post Two-thirds of enterprises incur losses appeared first on Vietnam Business News.

Vietnam customs generates vnd173tln worth of taxes by oct 20, 2013 Posted: 03 Nov 2013 08:23 PM PST The General Department of Vietnam Customs was estimated to have generated VND172.53 billion ($8.17 billion) worth of taxes and duties in Jan 1- Oct 20 period, meeting 72.5% of the whole year target, , Customs said in its website. The department forecast to collect total of VND178.2 trillion ($8,44 billion) worth of taxes in the [...] The post Vietnam customs generates vnd173tln worth of taxes by oct 20, 2013 appeared first on Vietnam Business News.

Coffee exports slow down Posted: 03 Nov 2013 08:21 PM PST In the first ten months of this year, Vietnam's coffee exports were estimated at 1.09 million tonnnes worth US$2.33 billion, down 24.6% in volume and 24.4% in value year on year. According to the Ministry of Agriculture and Rural Development, Germany and the US are the two largest consumers of coffee from Vietnam, accounting for [...] The post Coffee exports slow down appeared first on Vietnam Business News.

SBV’s Governor on credit growth, agricultural – rural credit, NPLs and VAMC Posted: 03 Nov 2013 08:00 PM PST The SBV's Governor addressed 3 key contents: credit growth; agricultural – rural credit; NPLs and Vietnam Asset Management Company (VAMC) to the National Assembly on November 1, 2013, local newswire Tri Thuc Tre reported. Credit growth: The State Bank of Vietnam (SBV)'s Governor said the system's credit growth had reached 6.8% in the first 10 [...] The post SBV's Governor on credit growth, agricultural – rural credit, NPLs and VAMC appeared first on Vietnam Business News.

Banks look to purchase finance companies Posted: 03 Nov 2013 07:59 PM PST A recent trend in the bank-ing and finance industry is that commercial banks are looking to buy finance companies in an attempt to have “special tools” to facilitate their business activities. In the last few months, the financial market has seen at least five banks express their intention to acquire finance companies, including two that [...] The post Banks look to purchase finance companies appeared first on Vietnam Business News.

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