The Business Times: Intel unveils major expansion plans

---

• Intel unveils major expansion plans
• Singapore leads foreign investment in HCM City
• Semen Indonesia’s cement factory shaping in Vietnam
• Bright horizon for sustainability in the pepper industry
• Challenges to Vietnam’s FDI attraction
• Seafood exports to reach $7b
• Latex prices plunge, rubber trees axed
• Taiwan steel project given tax breaks
• Australia trade: VN has $410m surplus
• State Bank ponders new charges

Intel unveils major expansion plans Posted: 16 Jun 2014 02:07 AM PDT Intel products Vietnam has revealed that it plans to double locally-sourced material value within this year. Sherry Bogger, general manager of Intel Products Vietnam, said in a meeting with local suppliers at Saigon Hi-tech Park (SHTP) last week that local suppliers had played an important role in the operation of the global businesses like Intel. […] The post Intel unveils major expansion plans appeared first on Vietnam Business News.

Singapore leads foreign investment in HCM City Posted: 16 Jun 2014 01:03 AM PDT Singaporean companies are very pro-investment in Vietnam and have emerged the prominent leader among foreign companies investing in HCM City in the early months of 2014. Le Manh Ha, Vice Chairman of HCM City's People's Committee told this to participants at a recent Vietnam-Singapore business forum. In the three months leading up to April, HCM […] The post Singapore leads foreign investment in HCM City appeared first on Vietnam Business News.

Semen Indonesia’s cement factory shaping in Vietnam Posted: 16 Jun 2014 01:03 AM PDT State-run cement producer, Semen Indonesia plans to invest US$250-300 million to build a new cement plant in Vietnam next year, as part of its strategy to expand business in Southeast Asia (SEA). Semen Indonesia Director General Dwi Soetjipto said Indonesia's leading cement producer will increase production capacity of its Vietnamese subsidiary Thang Long Cement Company […] The post Semen Indonesia's cement factory shaping in Vietnam appeared first on Vietnam Business News.

Bright horizon for sustainability in the pepper industry Posted: 16 Jun 2014 12:48 AM PDT The booming pepper industry is rewriting the rules of the Vietnam economy with huge implications for everyone from consumers and food processors to farmers. According to the Ministry of Agriculture and Rural Development (MARD), Vietnamese pepper exports jumped 35.5% in volume and 40.4% in value in April over the same period last year. MARD reports […] The post Bright horizon for sustainability in the pepper industry appeared first on Vietnam Business News.

Challenges to Vietnam’s FDI attraction Posted: 16 Jun 2014 12:17 AM PDT The government is committed to augmenting the country's attractiveness as a safe and hospitable investment destination with developed infrastructure facilities and a young talented workforce. Ironing out snags to raise competitive edge As of May 2014, there were 16,323 foreign-invested projects operating in Vietnam with a combined registered capitalisation of US$237 billion invested by 101 […] The post Challenges to Vietnam's FDI attraction appeared first on Vietnam Business News.

Seafood exports to reach $7b Posted: 15 Jun 2014 11:57 PM PDT The Viet Nam Seafood Exporters and Producers (VASEP) association predicted total seafood exports would reach some US$7 billion in 2014, a 5 per cent increase over 2013. The imports will include $3.5 billion from shrimp exports, $1.7 billion from tra fish, $450 million from tuna, and $470 million from squid and octopus. Of note, at […] The post Seafood exports to reach $7b appeared first on Vietnam Business News.

Latex prices plunge, rubber trees axed Posted: 15 Jun 2014 11:56 PM PDT Farmers in central and southeastern provinces have cut down more rubber trees as the price of latex has plummeted. The 1.5-ha rubber garden of farmer Ho Van Thanh in the central province of Quang Tri was planted in 1996, but this year he has cut down all of his trees. The price for one kilo […] The post Latex prices plunge, rubber trees axed appeared first on Vietnam Business News.

Taiwan steel project given tax breaks Posted: 15 Jun 2014 11:53 PM PDT The Government has agreed to offer import tax incentives to the Formosa Ha Tinh Steel Project to create the most favourable conditions for the project’s implementation. According to a report in the Dau tu (Viet Nam Investment Review) newspaper, Deputy Prime Minister Hoang Trung Hai exempted the company from import taxes on a number of […] The post Taiwan steel project given tax breaks appeared first on Vietnam Business News.

Australia trade: VN has $410m surplus Posted: 15 Jun 2014 11:50 PM PDT Viet Nam has experienced a trade surplus of US$410 million with Australia in the last four months, according to the Vietnamese Trade Office in Australia. During the period, Vietnamese exports to Australia grew 11.5 per cent over the same period last year, reaching approximately $1.07 billion. Of Viet Nam’s 32 export products to Australia, 13 […] The post Australia trade: VN has $410m surplus appeared first on Vietnam Business News.

State Bank ponders new charges Posted: 15 Jun 2014 11:49 PM PDT Cash deposits and withdrawals at credit institutions will be charged a fee if the central bank’s new draft rule on cash transactions gets approved. This is seen as yet another step toward the Government’s master plan of non-cash payment system. The draft has just been announced and is pending public feedback. Customers who deposit or […] The post State Bank ponders new charges appeared first on Vietnam Business News.

You are subscribed to email updates from Vietnam Business News To stop receiving these emails, you may unsubscribe now.	Email delivery powered by Google
Google Inc., 20 West Kinzie, Chicago IL USA 60610