The Business Times: Tired of China, afraid of Thailand, Japanese capital heading for Vietnam

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• Tired of China, afraid of Thailand, Japanese capital heading for Vietnam
• Vinalines steps up privatisation push
• Advantages for Phu Quoc island to take off
• Housing stimulus package criticised for slow disbursal
• Mekong Delta shrimp exports aim for US$2.55 billion
• Phone exports hit US$3.3 billion in 2 months
• Virginia increases trade ties with Vietnam
• Mekong Delta rice yields highest in a decade
• Hardware firms complain they meet barriers in home market
• Mobile apps galloping in the Year of the Horse

Tired of China, afraid of Thailand, Japanese capital heading for Vietnam Posted: 09 Mar 2014 01:21 AM PST Concerned about the political uncertainties in Thailand and the decreased attractiveness in China, Japanese tend to head for Vietnam, where they will not be bothered by political problems and can enjoy attractive investment incentives. In November 2013, Fuji Xerox put its $120 million printing machine and photocopier factory in the Vietnam-Singapore Industrial Park in Hai […] The post Tired of China, afraid of Thailand, Japanese capital heading for Vietnam appeared first on Vietnam Business News.

Vinalines steps up privatisation push Posted: 09 Mar 2014 01:17 AM PST The parent company of Viet Nam National Shipping Lines (Vinalines) is expected to make an initial public offering (IPO) by Q1 2015 and will accelerate the privatisation of eight subsidiaries. The Ministry of Transport is also speeding up the equitisation of units controlled by Vinalines. Deputy Minister of Transport Nguyen Hong Truong was appointed to […] The post Vinalines steps up privatisation push appeared first on Vietnam Business News.

Advantages for Phu Quoc island to take off Posted: 09 Mar 2014 01:12 AM PST Natural beauty coupled with the Government's determination will lend wings to Phu Quoc to truly become the "Paradise Pearl Island" of Viet Nam. Endowed with wild and natural beauty Phu Quoc island has two seasons, the dry season from November to April and the rainy season from May to October. The average temperature on Phu […] The post Advantages for Phu Quoc island to take off appeared first on Vietnam Business News.

Housing stimulus package criticised for slow disbursal Posted: 09 Mar 2014 01:09 AM PST A NA deputy has put up questions about the slow disbursal of the VND30 trillion (USD1.4 billion) real estate stimulus package which was launched in June last year.  The package offers loans to property developers at low interest rates of around 6% per year. However, at the assessment meetings on the adjusted housing laws held […] The post Housing stimulus package criticised for slow disbursal appeared first on Vietnam Business News.

Mekong Delta shrimp exports aim for US$2.55 billion Posted: 09 Mar 2014 01:00 AM PST Mekong Delta provinces plan to earn US$2.55 billion from shrimp exports, US$50 million higher than last years' revenue. Ca Mau province is likely to take the lead in shrimp exports, which are predicted to fetch US$1.1 billion. To achieve the set target, Mekong Delta provinces are expanding shrimp breeding areas to 596,000ha, mostly in coastal […] The post Mekong Delta shrimp exports aim for US$2.55 billion appeared first on Vietnam Business News.

Phone exports hit US$3.3 billion in 2 months Posted: 09 Mar 2014 12:56 AM PST Mobile handsets and spare parts raked in US$3.3 billion from exports in the past two months, representing a year-on-year rise of 22.9% and topping the list of processed industrial products. They generated US$1.7 billion in export value in January, up 14.6% year on year and 38.5% over December 2013, according to the Ministry of Industry […] The post Phone exports hit US$3.3 billion in 2 months appeared first on Vietnam Business News.

Virginia increases trade ties with Vietnam Posted: 09 Mar 2014 12:54 AM PST Virginia wants to work closely with Vietnam to further develop their economic, trade, investment and education ties, governor Terry McAuliffe has said. The governor of the US State of Virginia expressed his wish at a reception for Vietnamese ambassador Nguyen Quoc Cuong, who visited the State recently. To meet the goal, McAuliffe said both sides […] The post Virginia increases trade ties with Vietnam appeared first on Vietnam Business News.

Mekong Delta rice yields highest in a decade Posted: 09 Mar 2014 12:50 AM PST Rice yields for the 2013-14 crop in the Cuu Long (Mekong) Delta have reached the highest level in a decade. With the peak harvest season about to begin, rice fields have yielded about 1 tonne per hectare higher than last year’s winter-spring crop. The Ministry of Agriculture and Rural Development’s Plant Cultivation Department expects that […] The post Mekong Delta rice yields highest in a decade appeared first on Vietnam Business News.

Hardware firms complain they meet barriers in home market Posted: 09 Mar 2014 12:37 AM PST  Tax policies have been designed in a way to encourage the import and discourage local production. No changes would be found if comparing the electronic hardware industry at this moment and 30 years ago. Tran Quang Hung, Deputy Secretary General of the Vietnam Electronics Enterprises' Association, admitted that domestic electronics enterprises do not make great […] The post Hardware firms complain they meet barriers in home market appeared first on Vietnam Business News.

Mobile apps galloping in the Year of the Horse Posted: 09 Mar 2014 12:33 AM PST The Vietnamese market is big, while Vietnamese engineers are talented, but Vietnam still does not have enough necessary conditions to develop the mobile app industry. Though Flappy Bird has been taken down from app stores, it remains the hot topic for discussion on technology forums. With 50 million downloads, Flappy Bird has helped improve Vietnam's […] The post Mobile apps galloping in the Year of the Horse appeared first on Vietnam Business News.

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