The Business Times: Japan may stop Vietnamese shrimp imports

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• Japan may stop Vietnamese shrimp imports
• Vietnam opening the field for foreign firms
• Vietnam’s overseas investment projects caught in a shoal
• Economists say government optimism unfounded
• Besra cashes in on $12 million gold customs tax refund
• For banks, is bigger really better?
• Vietnam Airlines is valued at $2.74 billion
• Legal Advice: What is the role of competition law in mergers and acquisitions in Vietnam?
• Banks put forward merger and acquisition plans
• Foreigners earn big money from Vietnamese functional food market

Japan may stop Vietnamese shrimp imports Posted: 05 May 2014 08:38 PM PDT Japanese businesses are planning to import shrimp from India and Indonesia instead of Viet Nam, due to the excessively high levels of oxytetracycline (OTC) in Vietnamese shrimp. According to the Viet Nam Association of Seafood Exporters and Producers (VASEP), the decision was made due to the excessively high levels of OTC that were continuing to […] The post Japan may stop Vietnamese shrimp imports appeared first on Vietnam Business News.

Vietnam opening the field for foreign firms Posted: 05 May 2014 08:37 PM PDT Vietnam will slash the number of conditional business sectors and professions in order to open up more investment opportunities for foreign companies. Minister of Planning and Investment Bui Quang Vinh told the National Assembly's Standing Committee last week that while drafting the amendments to the laws on Investment and Enterprises, the Ministry of Planning and […] The post Vietnam opening the field for foreign firms appeared first on Vietnam Business News.

Vietnam’s overseas investment projects caught in a shoal Posted: 05 May 2014 08:36 PM PDT A series of Vietnamese-invested projects in Laos and Cambodia are stalling because of the government mandate that state-owned corporations withdraw from non-core business fields. The Vietnamese government has been fervently pressing state-owned economic groups and general corporations to withdraw the capital they've injected in the past into non-core business fields. The businesses have been told […] The post Vietnam's overseas investment projects caught in a shoal appeared first on Vietnam Business News.

Economists say government optimism unfounded Posted: 05 May 2014 08:35 PM PDT According to the Ministry of Planning and Investment, the country's economic recovery in the first quarter of the year has created momentum for stronger development in subsequent quarters. But many of the National Assembly's deputies and economists do not share that view. "The government seems to be too optimistic in assessing the current situation and […] The post Economists say government optimism unfounded appeared first on Vietnam Business News.

Besra cashes in on $12 million gold customs tax refund Posted: 05 May 2014 08:33 PM PDT Canada's Besra Gold Inc. will avoid nearly $12 million in tax arrears following after-clearance inspection results conducted by the General Department of Customs on its two gold mines in Vietnam. The Ministry of Finance last week sent a formal notification to the company that an export tax assessment totalling $12 million against the Bong Mieu […] The post Besra cashes in on $12 million gold customs tax refund appeared first on Vietnam Business News.

For banks, is bigger really better? Posted: 05 May 2014 08:31 PM PDT It is clear that the current bank merger & acquisition (M&A) trend will lead to a sharp cut in the number of banks in the system. But the quality of the banks after the M&A remains questionable. M&A is the hottest topic in the agendas of a series of banks' recent shareholder meetings. Governor of […] The post For banks, is bigger really better? appeared first on Vietnam Business News.

Vietnam Airlines is valued at $2.74 billion Posted: 05 May 2014 08:29 PM PDT Vietnam Airlines Corporation has announced that this June the Prime Minister will ratify the firm's volume of shares to be sold in its initial public offering (IPO) this September. Responding to a query by Bloomberg Business News, Mr. Pham Ngoc Minh, General Director of Vietnam Airlines, said that the firm is valued at $2.74 billion […] The post Vietnam Airlines is valued at $2.74 billion appeared first on Vietnam Business News.

Legal Advice: What is the role of competition law in mergers and acquisitions in Vietnam? Posted: 05 May 2014 08:28 PM PDT Mergers & acquisitions implicate a variety of legal domains, among the most important of which is competition law. The Competition Law of Vietnam (2004) treats M&A's as forms of economic concentration, including the following manifestations: merger of enterprises, amalgamation of enterprises, acquisition of an enterprise, joint venture between enterprises, and other forms of economic concentration […] The post Legal Advice: What is the role of competition law in mergers and acquisitions in Vietnam? appeared first on Vietnam Business News.

Banks put forward merger and acquisition plans Posted: 05 May 2014 08:25 PM PDT Several banks have recently presented plans or expressed intention to complete mergers even as the nation continues to speed up the restructuring of credit institutions. Vietcombank Chairman Nguyen Hoa Binh told a recent shareholder meeting in Hanoi that mergers and acquisitions (M&As) may happen at the bank in a near future as they are necessary […] The post Banks put forward merger and acquisition plans appeared first on Vietnam Business News.

Foreigners earn big money from Vietnamese functional food market Posted: 05 May 2014 08:24 PM PDT Amway is building its second factory in Vietnam, NuSkin has got $15 million in revenue after one year of operation in Vietnam, while Unicity has got 22,000 members in its distribution network. With 1,800 Vietnamese and foreign manufacturers and distributors, 10,000 product items, the Vietnamese functional food market is booming. Herbalife reported global turnover of […] The post Foreigners earn big money from Vietnamese functional food market appeared first on Vietnam Business News.

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