The Business Times: More credit opportunity for home buyers

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• More credit opportunity for home buyers
• WGC: Vietnam Consumes 19.5 Tons of Gold in Q1
• SMEs deserve a better deal
• Samsung expands Vietnam business
• Vietnam to be among 20 biggest economies
• Insurance market sees ranking changes in 2013
• Saigon Port welcomes largest-ever cargo ship
• Investment law aids foreign investors
• Tensions in East Sea prompt Vietnamese shift to other kinds of undertaking
• Foreigners rush to fill stock market vacuum left by fleeing Vietnamese

More credit opportunity for home buyers Posted: 20 May 2014 03:50 AM PDT Individual and institutional investors will be allowed to use their homes of the commercial projects that are under construction or will be developed as collateral to take out bank loans as stated in a recent joint circular. Circular 01/2014, issued by the central bank and the ministries of Construction, Justice, and Natural Resources and Environment, […] The post More credit opportunity for home buyers appeared first on Vietnam Business News.

WGC: Vietnam Consumes 19.5 Tons of Gold in Q1 Posted: 20 May 2014 03:48 AM PDT According to the new report by World Gold Council (WGC), gold demand in Vietnam is still relatively strong, local newswire DVO reported. In the first quarter, Vietnam consumed in total 19.5 tons of gold, including 4.5 tons gold jewelry and 15 tons of gold bars and gold coins, increasing 5% year-on-year. In terms of value, […] The post WGC: Vietnam Consumes 19.5 Tons of Gold in Q1 appeared first on Vietnam Business News.

SMEs deserve a better deal Posted: 20 May 2014 03:41 AM PDT To develop a fair market economy, Viet Nam needs to treat its SMEs better, Nguyen Duc Thanh, director of Viet Nam Centre for Economic and Policy Research, tells Thoi bao Kinh doanh (Business Times). What are the comparative advantages that Viet Nam enjoys on its path towards deeper integration into the world economy? Viet Nam […] The post SMEs deserve a better deal appeared first on Vietnam Business News.

Samsung expands Vietnam business Posted: 20 May 2014 03:39 AM PDT Samsung Electronics Vietnam will be expanded in the future with its complex in Thai Nguyen Province, in addition to the one in Bac Ninh Province. Smartphones with the label “Made in Vietnam” will account for 50 percent of the corporation’s sales across the world. The information was provided by Nguyen Van Dao, deputy general director […] The post Samsung expands Vietnam business appeared first on Vietnam Business News.

Vietnam to be among 20 biggest economies Posted: 20 May 2014 03:37 AM PDT Viet Nam and several other emerging nations will be among the 20 largest economies by 2050, a senior foreign business executive has said. Raj Subramanian, executive vice president, marketing and communications, of logistics firm FedEx Services, said MINT (Mexico, Indonesia, Nigeria, Turkey) and CIVETS (Colombia, Indonesia, Viet Nam, Egypt, Turkey and South Africa) are “rich […] The post Vietnam to be among 20 biggest economies appeared first on Vietnam Business News.

Insurance market sees ranking changes in 2013 Posted: 20 May 2014 03:36 AM PDT BIDV Insurance Corporation (BIC) admitted at its annual general meeting that the company had fallen to seventh position in the non-life insurance market based on market share, with premiums of VND790.55 billion ($37.6 million). It was overtaken by Samsung Vina Insurance (SVI) which boasted premiums of VND913.55 billion ($43.5 million). BIC lost out to SVI […] The post Insurance market sees ranking changes in 2013 appeared first on Vietnam Business News.

Saigon Port welcomes largest-ever cargo ship Posted: 20 May 2014 03:28 AM PDT HCM City on Saturday welcomed the largest ship ever that docked at the Sai Gon Center Terminal Port, through the newly-dredged Soai Rap Estuary. At the meeting on the preparation to welcome the 54,000 ton-vessel through the Soai Rap Estuary on Friday, Mr. Le Hoang Minh, director of the Soai Rap Estuary Dredging Project said […] The post Saigon Port welcomes largest-ever cargo ship appeared first on Vietnam Business News.

Investment law aids foreign investors Posted: 20 May 2014 03:26 AM PDT The new investment law aims to improve fairness and transparency, the Ministry of Planning and Investment’s Legal Department deputy director Quach Ngoc Tuan told Dau Tu (Viet Nam Investment Review). The proposal in the draft Investment Law to eliminate investment certificates in many projects has been described as a progressive step in improving the business […] The post Investment law aids foreign investors appeared first on Vietnam Business News.

Tensions in East Sea prompt Vietnamese shift to other kinds of undertaking Posted: 20 May 2014 03:25 AM PDT Many Vietnamese traders, seeing a plunge in demand for Chinese products, have decided to stop importing goods from China for domestic sale. This trend has been accelerated with the ongoing dispute in the East Sea. East Sea, chinese goods, sources of supply Vu Xuan Nam, Director of the 3D Decoration Company in Hoang Mai District […] The post Tensions in East Sea prompt Vietnamese shift to other kinds of undertaking appeared first on Vietnam Business News.

Foreigners rush to fill stock market vacuum left by fleeing Vietnamese Posted: 20 May 2014 03:22 AM PDT While Vietnamese investors are rushing to sell stocks out of fears brought on by current uncertainties, foreign investors are injecting money into Vietnamese stocks, finding the cheaper goods attractive. securities, foreign investors, stock market Vietnam National Television (VTV) has quoted sources as saying that foreign investors have spent over VND1.5 trillion for Vietnamese stocks in […] The post Foreigners rush to fill stock market vacuum left by fleeing Vietnamese appeared first on Vietnam Business News.

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