The Business Times: “Outsourcing” software does not mean “producing” software

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• “Outsourcing” software does not mean “producing” software
• Mekong Delta seeks to speed up tourism development
• Rice exports reach 1.31 million tonnes in Q1
• Vietnam, Spain boost trade promotion
• Vietnam-Thailand trade increases sharply
• Ten banks chip in 50tr dong credit package to ‘save’ real estate market
• Trading seen ebbing this week
• Vietnam public officials freeload on free houses
• Profit-taking hits national bourses
• Mobile World to list in June

“Outsourcing” software does not mean “producing” software Posted: 27 Mar 2014 12:22 AM PDT Under the current regulations, the firms which implement software outsourcing contracts cannot enjoy the tax incentives designed for software production firms. High technology firms cannot enjoy tax incentives Director of the HCM City Information and Communication Department Le Thai Hy complained at a meeting with the leaders of the Ministry of Information and Communication (MIC) […] The post "Outsourcing" software does not mean "producing" software appeared first on Vietnam Business News.

Mekong Delta seeks to speed up tourism development Posted: 27 Mar 2014 12:19 AM PDT Localities in the Mekong Delta need to forge closer links among themselves to further the development of regional tourism products and services. This idea was espoused by several participants attending a Vietnam National Administration of Tourism (VNAT) workshop in Can Tho city on March 26. Attendees suggested that regional localities should focus on promoting eco-tourism […] The post Mekong Delta seeks to speed up tourism development appeared first on Vietnam Business News.

Rice exports reach 1.31 million tonnes in Q1 Posted: 27 Mar 2014 12:16 AM PDT Vietnam exported 1.31 million tonnes of rice valued at US$616 million during the first three months of 2014, according to the Ministry of Agriculture and Rural Development. In March alone, the country shipped 524,000 tonnes, grossing US$243 million in export revenue. The average export price of rice bumped up 8% compared to Q1 of 2013 […] The post Rice exports reach 1.31 million tonnes in Q1 appeared first on Vietnam Business News.

Vietnam, Spain boost trade promotion Posted: 27 Mar 2014 12:13 AM PDT Huge potential for trade cooperation between Vietnam and Spain was introduced at a March 26 meeting in Hanoi by the Spanish Embassy and the Vietnam Chamber of Commerce and Industry (VCCI). VCCI Vice Chairman Hoang Van Dung emphasised that Vietnam is widely considered an attractive destination for foreign investors, including those from Spain, due to […] The post Vietnam, Spain boost trade promotion appeared first on Vietnam Business News.

Vietnam-Thailand trade increases sharply Posted: 27 Mar 2014 12:09 AM PDT  Two-way trade between Vietnam and Thailand rose 9.2% in 2013 to US$9.4 billion, according to the Ministry of Industry and Trade. In the first two months of 2014 alone, bilateral trade value expanded 1.8% to US$1.4 billion. Currently, Vietnam is Thailand's seventh largest importer, and Thai commodities make up 5.1% of Vietnam's total import value. […] The post Vietnam-Thailand trade increases sharply appeared first on Vietnam Business News.

Ten banks chip in 50tr dong credit package to ‘save’ real estate market Posted: 27 Mar 2014 12:04 AM PDT Vietnam Construction Bank (VNCB) says it is going to introduce on March 25 the credit package of 50 trillion dong to support the development of the real estate market in collaboration with Thien Thanh Corporation. The package is known to aim at optimising effectiveness of all participants in a construction market as well as ensuring […] The post Ten banks chip in 50tr dong credit package to 'save' real estate market appeared first on Vietnam Business News.

Trading seen ebbing this week Posted: 26 Mar 2014 11:57 PM PDT Securities enterprises have projected that liquidity might drop this week as exchange traded funds (ETFs) have finished the first quarterly rebalancing period this year. Last Friday, the Hochiminh Stock Exchange reported a trading value of over VND2.1 trillion in the last 15 minutes of the at-the-close (ATC) phase as ETFs rushed to finish off their […] The post Trading seen ebbing this week appeared first on Vietnam Business News.

Vietnam public officials freeload on free houses Posted: 26 Mar 2014 11:52 PM PDT A new government regulation has required retired civil servants to return state-owned houses, revealing that many have been living in their free homes far longer than allowed, according to a report by Tien Phong (Pioneer) Newspaper.  In Vietnam, the government allows certain public officials to live in villas and apartments built by the state budget […] The post Vietnam public officials freeload on free houses appeared first on Vietnam Business News.

Profit-taking hits national bourses Posted: 26 Mar 2014 11:41 PM PDT Shares on the HCM City Stock Exchange slumped for the second day as investors kept selling for profit. However, buyers and sellers showed confidence in the market. The offered volume filled all orders from investors thirsty for equity assets. They showed confidence in the market, which has been driven by solid cash flows. The VN-Index […] The post Profit-taking hits national bourses appeared first on Vietnam Business News.

Mobile World to list in June Posted: 26 Mar 2014 11:39 PM PDT Mobile World JSC plans to list on the stock market since June or July 2014. This company's profit has increased more than 100 percent in 2013. Specifically, in 2013, the company reached 7.822 billion dong revenue, increasing 25 percent and 250 billion dong before tax profit. In 2014, the Company targets 10,500 billion dong revenue […] The post Mobile World to list in June appeared first on Vietnam Business News.

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