The Business Times: Local shipbuilder exports tugs to New Zealand

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• Local shipbuilder exports tugs to New Zealand
• Economy grows by 4.96% in Q1
• Seminar boosts Vietnam’s socio-economic growth
• Viet Nam works to facilitate foreign investment
• Port city ranks second in FDI attraction
• Banks offer property market credit
• Businesses and banks cooperate to boost real estate market
• Confidence in stock market to continue to improve
• Many stock players earn big profit since early 2014
• VN-Index slides as investors clasp profits

Local shipbuilder exports tugs to New Zealand Posted: 25 Mar 2014 11:09 PM PDT Song Thu shipyard has launched the first of a four-Azimuth Stern Drive Tugs (ADS) project for New Zealand’s Port Otago Limited company. The ASD Tug, which is 24m long and 11m wide, will start operation in Port Chalmers. In co-operation with Damen Shipyards Group from the Netherlands, the Da Nang-based shipbuilder has produced 40 vessels […] The post Local shipbuilder exports tugs to New Zealand appeared first on Vietnam Business News.

Economy grows by 4.96% in Q1 Posted: 25 Mar 2014 10:59 PM PDT For the fourth consecutive quarter in a row, economic growth in Vietnam has continued its upward trend and now stands at 4.96% for the first quarter of the year, according to official statistics. This is the highest growth quarter on quarter Vietnam has achieved in the past three years, reported the General Statistics Office of […] The post Economy grows by 4.96% in Q1 appeared first on Vietnam Business News.

Seminar boosts Vietnam’s socio-economic growth Posted: 25 Mar 2014 10:53 PM PDT An international seminar aimed at discussing issues related to inclusive, sustainable socio-economic development in Vietnam took place in Hanoi on March 24. The event was co-organised by the Ministry of Foreign Affairs, the UN Development Programme (UNDP) and the Vietnam Academy of Social Sciences. In his opening remarks, Deputy Prime Minister and Foreign Minister Pham […] The post Seminar boosts Vietnam's socio-economic growth appeared first on Vietnam Business News.

Viet Nam works to facilitate foreign investment Posted: 25 Mar 2014 10:51 PM PDT Foreign direct investment (FDI) enterprises have asked the Vietnamese Government to shorten the time and simplify procedures involved in granting investment certificates. During a dialogue with authorities in HCM City on Monday, foreign company representatives said it took too much time to obtain an investment certificate since investors are required to hand in other auxiliary […] The post Viet Nam works to facilitate foreign investment appeared first on Vietnam Business News.

Port city ranks second in FDI attraction Posted: 25 Mar 2014 10:49 PM PDT The northern port city of Hai Phong remains the country’s second-biggest recipient of foreign direct investment (FDI), with US$235.4 million poured into the locality in the first quarter of 2014. At a press briefing on Monday, Director of the municipal Department of Planning and Investment, Duong Ngoc Tuan, said the money was invested in 11 […] The post Port city ranks second in FDI attraction appeared first on Vietnam Business News.

Banks offer property market credit Posted: 25 Mar 2014 10:44 PM PDT A credit package worth VND120 trillion (US$5.7 billion) would help develop the local property market, said Phan Thanh Mai, general director of the Viet Nam Bank for Construction (VNBC). Mai told a conference on developing professional construction industry markets, organised jointly by the bank and Thien Thanh Group and held in Ha Noi on Monday, […] The post Banks offer property market credit appeared first on Vietnam Business News.

Businesses and banks cooperate to boost real estate market Posted: 25 Mar 2014 10:41 PM PDT Since the beginning of March 2014, realty investors have enhanced their sale of apartment and housing projects. At the same time, banks have also given a boost to their lending to homebuyers and house repairing…. In the first week of March 2014, real estate trading floor at 137 Nguyen Ngoc Vu in Cau Giay District, […] The post Businesses and banks cooperate to boost real estate market appeared first on Vietnam Business News.

Confidence in stock market to continue to improve Posted: 25 Mar 2014 10:37 PM PDT Investment conference on Vietnam Access Day 2014 was held by Ban Viet Commercial Joint Stock Bank (Viet Capital Bank) and Ban Viet Securities Joint Stock Co (coded VCSC) in HCM City on March 19 2014. In the opening speech, Nguyen Thanh Phuong, chair of Viet Capital said: "Over many years of many challenges, the economy […] The post Confidence in stock market to continue to improve appeared first on Vietnam Business News.

Many stock players earn big profit since early 2014 Posted: 25 Mar 2014 10:34 PM PDT To date, the stock market has continued to increase points. The VN – Index has exceeded 600 points, the highest level since October 2009. Hundreds of stock codes increased 50 percent to 80 percent and tens of codes increased over 100 percent in the past nearly three months. Capital flow has focused on some blue-chips […] The post Many stock players earn big profit since early 2014 appeared first on Vietnam Business News.

VN-Index slides as investors clasp profits Posted: 25 Mar 2014 10:32 PM PDT Stocks on the HCM City Stock Exchange declined for the first time in three days, bringing the benchmark VN-Index down from a more than four-year high as many traders offloaded local shares to lock in profit. Many investors decided to take margins when the market gauge returned to the four-year high on fears of corrections, […] The post VN-Index slides as investors clasp profits appeared first on Vietnam Business News.

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