The Business Times: Vegetable oil exports set to increase

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• Vegetable oil exports set to increase
• VN Airlines to get $4b in aviation insurance
• FPT eyes 30% gain in revenue for 2014
• VN to host international tourism expo
• PetroVietnam enters Global 500
• Auto sales meet targets
• Vietnamese coffee premium declines as local sales hitting peak
• Foreign investment funds earn big money in Vietnam

Vegetable oil exports set to increase Posted: 17 Jan 2014 10:52 PM PST The domestic production of refined vegetable oil this year is estimated at about 774,000 tonnes, up 7.8 per cent from last year, the Ministry of Industry and Trade has said. The Ministry also forecast 2015′s output at around 850,000 tonnes, 9.8 per cent higher from this year’s estimated output. However, the ministry pointed out that […] The post Vegetable oil exports set to increase appeared first on Vietnam Business News.

VN Airlines to get $4b in aviation insurance Posted: 17 Jan 2014 10:48 PM PST Three Vietnamese companies have signed a contract to provide aviation insurance worth US$4 billion to national flag carrier Vietnam Airlines in 2014. The companies are PetroVietnam Insurance Corporation (PVI), the Viet Nam National Aviation Insurance Company (VNI) and Bao Viet Insurance Company. According to the contract, the firms will provide all forms of aviation insurance, […] The post VN Airlines to get $4b in aviation insurance appeared first on Vietnam Business News.

FPT eyes 30% gain in revenue for 2014 Posted: 17 Jan 2014 10:47 PM PST The country’s software giant FPT has set a target of earning revenue of US$130 million this year, a year-on-year increase of 30 per cent. Speaking at the company’s 15th anniversary in Ha Noi this week, general director Nguyen Thanh Lam said that last year, the company earned $100 million in revenue and employed 5,000 IT […] The post FPT eyes 30% gain in revenue for 2014 appeared first on Vietnam Business News.

VN to host international tourism expo Posted: 17 Jan 2014 10:46 PM PST As many as 450 domestic and international tourism companies will attend a global tourism fair at Ha Noi’s Viet Nam Exhibition Fair Centre from April 3 to 6. Jointly organised by the Viet Nam Tourism Association, the Viet Nam National Administration of Tourism and the Ha Noi Department of Culture, Sports and Tourism, the Viet […] The post VN to host international tourism expo appeared first on Vietnam Business News.

PetroVietnam enters Global 500 Posted: 17 Jan 2014 08:44 PM PST The Viet Nam Oil and Gas Group (PetroVietnam) has become the first Vietnamese corporation to enter the Fortune Global 500 list, also known as the Global 500, which is an annual ranking of the top 500 corporations worldwide by revenue. The accolade was announced alongside a different list of the nation’s 500 largest enterprises (VNR500) […] The post PetroVietnam enters Global 500 appeared first on Vietnam Business News.

Auto sales meet targets Posted: 17 Jan 2014 08:40 PM PST The auto market has defied numerous difficulties to record the rather impressive growth of 19 percent in 2013, providing leverage for even more improvement in 2014. The Vietnam Automobile Manufacturers Association (VAMA) reports as many as 110,519 vehicles were sold in 2013, 19 percent more than 2012's 92,584. Four-seat car sales numbered 44,389 units (up […] The post Auto sales meet targets appeared first on Vietnam Business News.

Vietnamese coffee premium declines as local sales hitting peak Posted: 17 Jan 2014 08:38 PM PST Buyers of coffee from Vietnam, the world's biggest grower of the robusta variety used in instant drinks, are paying a smaller premium for their beans as local sales hit the peak, according to Volcafe Ltd. Vietnamese beans for shipment in February and March are at a premium of $10 a metric ton to the futures […] The post Vietnamese coffee premium declines as local sales hitting peak appeared first on Vietnam Business News.

Foreign investment funds earn big money in Vietnam Posted: 17 Jan 2014 08:35 PM PST Most foreign investment funds had the NAV growth rate at over 20 percent in 2013. While domestic investment funds have been struggling to survive, foreign funds have been flourishing. After reaping fruits in 2013, they expect a better year 2014. Of the 16 foreign investment funds listed by Edmond De Rothschild, 11 had the net […] The post Foreign investment funds earn big money in Vietnam appeared first on Vietnam Business News.

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