The Business Times: FDI reaches nearly US$5 bln in four months

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• FDI reaches nearly US$5 bln in four months
• Businesses tipped to penetrate EU market
• Vietnam’s economic recovery on track
• Vietnam seeks Japanese investment in stock market
• Hope for a seat at the gaming table?
• Bank M&As encouraged by SBV, discouraged by experts
• Dong Nai’s man – the best pepper grower in the world
• Airbus components to be manufactured in Vietnam
• Legal Advice: Vietnam opens more logistics service sectors to foreign investors
• Singaporean funds pour more money into attractive Vietnamese businesses

FDI reaches nearly US$5 bln in four months Posted: 25 Apr 2014 08:08 PM PDT Vietnam has attracted US$4.855 billion in foreign direct investment (FDI) in the first four months of the year, equal to 59% of the amount a year ago, official statistics show. About 530 FDI projects have been licensed in the reviewed period, including 390 new ones capitalized at US$3.22 billion, according to the Foreign Investment Agency […] The post FDI reaches nearly US$5 bln in four months appeared first on Vietnam Business News.

Businesses tipped to penetrate EU market Posted: 25 Apr 2014 08:06 PM PDT Vietnamese businesses are advised to carefully study the EU's demand and distribution network to adopt an appropriate access approach, a seminar in Ho Chi Minh City on April 25 heard. The EU has always been an important trade partner of Vietnam, with two-way trade continuing to expand in recent years, despite the global economic downturn.  […] The post Businesses tipped to penetrate EU market appeared first on Vietnam Business News.

Vietnam’s economic recovery on track Posted: 25 Apr 2014 08:01 PM PDT The national economy has bottomed out since the third quarter of 2013 and is now on track to recovery, according to the National Financial Supervisory Commission (NFSC). A NFSC report shows the economy has kept inflation at a low rate, stabilised the currency market, lowered deposit rates, and brought the dolarisation of the economy under […] The post Vietnam's economic recovery on track appeared first on Vietnam Business News.

Vietnam seeks Japanese investment in stock market Posted: 25 Apr 2014 08:01 PM PDT The Vietnamese Ministry of Finance will work hard to improve the investment environment to raise the efficiency of projects and bring long-term benefits to Japanese investors in Vietnam. Finance Minister Dinh Tien Dung made the commitment at a conference on promoting Japanese investment in Vietnam's stock market, held in Tokyo on April 25. Dung said […] The post Vietnam seeks Japanese investment in stock market appeared first on Vietnam Business News.

Hope for a seat at the gaming table? Posted: 25 Apr 2014 07:39 PM PDT Three vice chairs of the National Assembly have unexpectedly recommended that Vietnamese nationals be admitted to casinos, thus breathing life back into the dreams of some developers. The Vietnamese saying, "nothing is impossible", may come true in the case of casino projects. The National Assembly's deputies and government agencies, in past statements, have repeatedly pressed […] The post Hope for a seat at the gaming table? appeared first on Vietnam Business News.

Bank M&As encouraged by SBV, discouraged by experts Posted: 25 Apr 2014 07:28 PM PDT While the State Bank of Vietnam believes that the merger of small and weak banks into larger and stronger ones will help speed up the bank restructuring process, experts don't think this is a perfect solution. Local newspapers have quoted an official of the State Bank as saying that, instead of buying weak banks' shares […] The post Bank M&As encouraged by SBV, discouraged by experts appeared first on Vietnam Business News.

Dong Nai’s man – the best pepper grower in the world Posted: 25 Apr 2014 07:27 PM PDT Although he cultivates pepper on only 2.8 hectares, with an average output of 8-12 tons per hectare, Mr. Tran Huu Thang has been awarded the title “The world’s best pepper grower” by the World Pepper Association. Thang says that compared with other growers in his hometown – the southern province of Dong Nai – his […] The post Dong Nai's man – the best pepper grower in the world appeared first on Vietnam Business News.

Airbus components to be manufactured in Vietnam Posted: 25 Apr 2014 07:21 PM PDT On Wednesday, Airbus announced its first production package of aircraft components in Vietnam, through Nikkiso Vietnam. Accordingly, Nikkiso Vietnam, a Japanese firm based in the Thang Long 2 Industrial Park in Hanoi, will manufacture composite spars of aircraft wings and the shields of sharklet devices. A sharklet is a wingtip device that helps save fuel […] The post Airbus components to be manufactured in Vietnam appeared first on Vietnam Business News.

Legal Advice: Vietnam opens more logistics service sectors to foreign investors Posted: 25 Apr 2014 06:58 PM PDT In recent years, Vietnam's government has been facilitating foreign investment in almost all types of logistics services excluding inspection services, certificate granting for conveyances, transport auxiliary services, and other restrictions on transport related services. As of January 22nd, 2014, the Prime Minister of Vietnam issued Decision No. 169/QĐ-TTg approving the development scheme for logistics services […] The post Legal Advice: Vietnam opens more logistics service sectors to foreign investors appeared first on Vietnam Business News.

Singaporean funds pour more money into attractive Vietnamese businesses Posted: 25 Apr 2014 06:30 PM PDT Mergers and turnovers in top management are the two outstanding trends in the banking sector of Vietnam this year. At the shareholders’ meeting of the Saigon-Hanoi Commercial JS Bank (SHB) on April 19, the Board of Directors dismissed old board members and elected new ones for tenures of 2012 to 2017. Board members Dam Ngoc […] The post Singaporean funds pour more money into attractive Vietnamese businesses appeared first on Vietnam Business News.

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