The Business Times: Markets belie decline forecasts

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• Markets belie decline forecasts
• HCM City on positive recovery path
• Foreigners net buy on both HSX, HNX
• Local exporters eye French markets
• Mekong Delta tra fish farms get ASC certification
• Delta sees significant tra fish slump
• 10th ASEAN Skills Competition to be held in Hanoi
• New law offers small steps forward
• Real estate credit package set to be unveiled
• Land prices in suburbs expected to rise

Markets belie decline forecasts Posted: 28 Feb 2014 08:36 PM PST Although many securities firms forecast the market would decline yesterday, the benchmark indices edged up at the end of the day’s trading, despite decreasing in the morning trading session. On the HCM City Exchange, the VN-Index rose marginally by 0.29 per cent to end the day at 586.48 points. Masan Group (MSN) helped the benchmark […] The post Markets belie decline forecasts appeared first on Vietnam Business News.

HCM City on positive recovery path Posted: 28 Feb 2014 08:34 PM PST Ho Chi Minh City's economy saw positive growth signals this month while continuing to maintain its stable socio-economic development. The remark was made at a February 28 meeting to review the city's socio-economic performance this month and discuss the implementation of its key duties in March. In the last two months, the city's retail sales […] The post HCM City on positive recovery path appeared first on Vietnam Business News.

Foreigners net buy on both HSX, HNX Posted: 28 Feb 2014 08:33 PM PST Foreigners were net buyers of Vietnamese shares on the Hochiminh Stock Exchange and Hanoi Stock Exchange today. These players net bought VND15.1 billion worth of shares on HOSE after buying 9.31 million shares for VND400.17 billion and selling 8.86 million units for VND385.07 billion, accounting for 17.85% buying value and 17.18% selling value. Today, foreigners' […] The post Foreigners net buy on both HSX, HNX appeared first on Vietnam Business News.

Local exporters eye French markets Posted: 28 Feb 2014 08:31 PM PST The Ministry of Industry and Trade has set a target of US$2.45 billion in export to France for this year in view of gloomy economic conditions, and encouraged businesses to focus on consumer goods tailored to the tastes of French low and middle markets. According to the ministry's Import-Export Department, French markets remain fertile lands […] The post Local exporters eye French markets appeared first on Vietnam Business News.

Mekong Delta tra fish farms get ASC certification Posted: 28 Feb 2014 08:27 PM PST The first three fish farms raising tra fish for export in the Mekong Delta province of Vinh Long have received certificates from the Aquaculture Stewardship Council (ASC), opening the door to larger markets. Covering a total area of 36.7 hectares, the facilities are run by the Co Chien, Nam Vang and Nam Song Hau companies […] The post Mekong Delta tra fish farms get ASC certification appeared first on Vietnam Business News.

Delta sees significant tra fish slump Posted: 28 Feb 2014 08:25 PM PST The tra fish farming area in the Cuu Long (Mekong) Delta and output fell considerably in February from the same period last year, according to the Directorate of Fisheries. In Can Tho City, for instance, the area is down 8.57 per cent to 480ha; in Vinh Long Province, it is down 10 per cent to […] The post Delta sees significant tra fish slump appeared first on Vietnam Business News.

10th ASEAN Skills Competition to be held in Hanoi Posted: 28 Feb 2014 08:23 PM PST The 10th ASEAN Skills Competition will take place from October 23-28 at the National Conference Centre in Hanoi, featuring 23 occupational skills and two performance skills. The news was revealed at the first meeting of the Steering Committee and the Organising Board for the Competition in Hanoi on February 28, which was also used to […] The post 10th ASEAN Skills Competition to be held in Hanoi appeared first on Vietnam Business News.

New law offers small steps forward Posted: 28 Feb 2014 08:17 PM PST Real estate developers anticipate a better environment if the draft revised Law on Real Estate Business and the draft revised Law on Residential Housing are approved by the National Assembly later this year…. According to David Lim, head of the Land Sub Group under the Vietnam Business Forum (VBF), provisions have been inserted in the […] The post New law offers small steps forward appeared first on Vietnam Business News.

Real estate credit package set to be unveiled Posted: 28 Feb 2014 08:17 PM PST The official information on VND100 trillion (over US$4.76 billion) credit package for the domestic real estate market may be announced next month. Phan Thanh Mai, general director of the Viet Nam Bank for Construction (VNBC), was quoted as saying this by the Lao Dong (Labour) Newspaper in response to rumours about the package that have […] The post Real estate credit package set to be unveiled appeared first on Vietnam Business News.

Land prices in suburbs expected to rise Posted: 28 Feb 2014 08:15 PM PST Land in suburban areas in the capital’s communes, such as Co Nhue and Phu Dien in Tu Liem District, Thach Ban in Long Bien District, have shown positive signs and remain attractive. “Land prices in the areas have not fallen much, as people were waiting for a price hike,” said Pham Thanh Hung, deputy general […] The post Land prices in suburbs expected to rise appeared first on Vietnam Business News.

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