The Business Times: Vietnam, Russia promote energy ties

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• Vietnam, Russia promote energy ties
• Economic outlook still ‘modest,’ says Maersk report
• Luxury car dealers report steady sales despite economic slump
• Forum looks forward to AEC opportunities
• EPZs pledge to help foreign firms
• ASCOTT Secures Its First Franchise Agreements
• Vietnamese contractors capable of replacing Chinese counterparts on projects: MOT
• Stocks climb on investor belief
• Vietnam Minister, Coca-Cola executive meet to discuss expansion plans
• VNPT has to withdrawn capital from Maritime Bank and 62 other businesses

Vietnam, Russia promote energy ties Posted: 13 Jun 2014 02:03 AM PDT Russia’s new Turn East energy policy opens up significant opportunities to exploit Vietnam and Russia’s advantages in the oil and gas field, radio The Voice of Vietnam (VOV) reported. Russia’s Deputy Minister of Energy Yury P. Sentyurin made the statement at a working session with the Party Central Committee’s Commission for Economic Affairs in Ha […] The post Vietnam, Russia promote energy ties appeared first on Vietnam Business News.

Economic outlook still ‘modest,’ says Maersk report Posted: 13 Jun 2014 02:00 AM PDT Viet Nam’s economic outlook remains modest in the face of challenges to its competitiveness, according to the first ever trade report released by shipping firm Maersk Line Vietnam yesterday. In spite of declining foreign direct investment, the country still enjoys macroeconomic stability with inflation on target, a steady exchange rate, and a strong export sector […] The post Economic outlook still 'modest,’ says Maersk report appeared first on Vietnam Business News.

Luxury car dealers report steady sales despite economic slump Posted: 13 Jun 2014 01:59 AM PDT Luxury car sales in Viet Nam seem to be unaffected by the struggling economy, with most brands reporting better business in the country. An Audi distributor in Viet Nam said with the increasing demand for luxury cars, the company expects to double its target of its best-selling model for this year. “We plan to order […] The post Luxury car dealers report steady sales despite economic slump appeared first on Vietnam Business News.

Forum looks forward to AEC opportunities Posted: 13 Jun 2014 01:47 AM PDT Viet Nam hopes to take full advantage of the ASEAN Economic Community that will be established next year as it further integrates into the regional market, a seminar heard in Can Tho on Tuesday. Deputy Minister of Industry and Trade Nguyen Cam Tu told the seminar titled “ASEAN Economic Community (AEC) and Free Trade Agreements” […] The post Forum looks forward to AEC opportunities appeared first on Vietnam Business News.

EPZs pledge to help foreign firms Posted: 13 Jun 2014 01:40 AM PDT Ha Noi’s industrial parks (IPs) and export processing zones (EPZs) will co-ordinate closely with relevant bodies, to help foreign direct investment (FDI) firms in dealing with export and import procedures. It was suggested during a workshop held by the Ministry of Industry and Trade’s Export and Import Department, and the Management Board of Ha Noi’s […] The post EPZs pledge to help foreign firms appeared first on Vietnam Business News.

ASCOTT Secures Its First Franchise Agreements Posted: 13 Jun 2014 12:08 AM PDT Enters Vientiane in Laos and Bali in Indonesia Vietnam, 12 June 2014 – CapitaLand's wholly-owned serviced residence business unit, The Ascott Limited (Ascott), has secured its first franchise agreements in Vientiane, the capital city of Lao People's Democratic Republic (Laos), and Bali, Indonesia. The agreements are for an operating serviced residence in Vientiane that will […] The post ASCOTT Secures Its First Franchise Agreements appeared first on Vietnam Business News.

Vietnamese contractors capable of replacing Chinese counterparts on projects: MOT Posted: 12 Jun 2014 10:41 PM PDT Minister of Transport Dinh La Thang was quoted in Dat Viet as saying that rumors that China had prohibited its state-owned businesses to offer bids for projects in Vietnam were not a cause for concern. Vietnamese contractors are sufficiently capable to work on these projects. "No need to worry if Chinese contractors really give up […] The post Vietnamese contractors capable of replacing Chinese counterparts on projects: MOT appeared first on Vietnam Business News.

Stocks climb on investor belief Posted: 12 Jun 2014 09:58 PM PDT Blue chip gains once again lifted stocks on both exchanges yesterday (June 12) as investor optimism strengthened. On the HCM Stock Exchange, the VN-Index rose for the fifth consecutive day, adding another 0.6 per cent to end the session at 573.77 points. Market sentiment was positive with 113 shares climbing, 89 falling and 99 closing […] The post Stocks climb on investor belief appeared first on Vietnam Business News.

Vietnam Minister, Coca-Cola executive meet to discuss expansion plans Posted: 12 Jun 2014 09:51 PM PDT Minister of Planning and Investment Bui Quang Vinh plans to meet Irial Finan, vice president of Coca Cola Group this week in Hanoi, one year after Coca-Cola was blacklisted after being suspected of engaging in transfer pricing. Coca-Cola caught the attention of the public after it announced a plan to expand business in Vietnam, though […] The post Vietnam Minister, Coca-Cola executive meet to discuss expansion plans appeared first on Vietnam Business News.

VNPT has to withdrawn capital from Maritime Bank and 62 other businesses Posted: 12 Jun 2014 03:12 AM PDT As of 2013, Vietnam Posts and Telecommunications Group (VNPT) is a founding shareholder and holds 8.95% stake as of Maritime Bank, local newswire Tri Thuc Tre reported. According to Decision No. 888/QD-TTg approving VNPT restructuring scheme, VNPT will have to divest all or part of its stakes at 63 companies it currently owns. The divested […] The post VNPT has to withdrawn capital from Maritime Bank and 62 other businesses appeared first on Vietnam Business News.

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