The Business Times: Russia suspends Vietnamese Tra fish imports

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• Russia suspends Vietnamese Tra fish imports
• VietJetAir to finalise US$6.1 bln deal with Airbus
• Vietnam-ASEAN trade turnover down
• Telecom firms bemoan cable TV business hardship
• Government Inspectorate discovers massive violations at Agribank
• Vietnam predominantly makes fresh milk from imported powder milk

Russia suspends Vietnamese Tra fish imports Posted: 29 Jan 2014 10:06 PM PST Russia's Federal Service for Veterinary and Phytosanitary Surveillance (VPSS) has decided to halt importing Tra fish and other aquatic products from 7 Vietnamese businesses as of January 31, 2014. Nguyen Nhu Tiep, head of the Vietnam National Agro-Forestry-Fisheries Quality Assurance Department (NAFIQAD), said though the Russian side has yet to send an official document to Vietnam, Russian media […] The post Russia suspends Vietnamese Tra fish imports appeared first on Vietnam Business News.

VietJetAir to finalise US$6.1 bln deal with Airbus Posted: 29 Jan 2014 10:06 PM PST Low-cost airline VietJetAir's executive Luu Duc Khanh announced that the company is competing a US$6.1 billion deal with Airbus to  purchase 62 aircraft at a Singapore Airlines Show next month. VietJetAir and Airbus signed a letter of intent last September to buy 62 A320 aircraft and is likely to order an additional 30 planes. The […] The post VietJetAir to finalise US$6.1 bln deal with Airbus appeared first on Vietnam Business News.

Vietnam-ASEAN trade turnover down Posted: 29 Jan 2014 10:03 PM PST Vietnam's import-export turnover with  ASEAN member states dipped in 2013 compared to the prior year but still maintained a positive growth rate. Specifically, the export-import growth rate with ASEAN soared by 19.4% in 2010, 28.8% in 2011, 9.4% in 2012, and 3.5% in 2013. Export turnover to the market hit US$18.47 billion in 2013, a […] The post Vietnam-ASEAN trade turnover down appeared first on Vietnam Business News.

Telecom firms bemoan cable TV business hardship Posted: 29 Jan 2014 10:00 PM PST FPT Telecom and Viettel as the only two telecom enterprises licensed to offer cable television services but both bemoan hardship in securing contents for their channels. Talking to the press, deputy general director of FPT Telecom Hoang Trung Kien said that telecom enterprises when providing cable television services had advantages of transmission infrastructure. However, supplying […] The post Telecom firms bemoan cable TV business hardship appeared first on Vietnam Business News.

Government Inspectorate discovers massive violations at Agribank Posted: 29 Jan 2014 09:58 PM PST The Government Inspectorate of Vietnam announced many serious violations at the Vietnam Bank for Agriculture and Rural Development (Agribank). The inspection covers the bank's activities in the areas of credit and financial investment and construction between 2009 and 2011. Being one of the largest commercial state-owned banks in Vietnam, Agribank still ensures annual credit growth […] The post Government Inspectorate discovers massive violations at Agribank appeared first on Vietnam Business News.

Vietnam predominantly makes fresh milk from imported powder milk Posted: 29 Jan 2014 09:56 PM PST  It is estimated that 70 percent of the liquid dairy products available on the market is reconstituted milk, made of milk powder. Vietnamese mostly drink reconstituted milk A report showed that Vietnam is among the 20 biggest milk importers in the world. It imports 1.2 million tons of milk every year, mostly condensed prepared milk […] The post Vietnam predominantly makes fresh milk from imported powder milk appeared first on Vietnam Business News.

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