The Business Times: VN-Index ends month on high note

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• VN-Index ends month on high note
• Vietnam Facebook users snub negative posts
• Vietnamese iPhones spared by hackers
• US reduces anti-dumping duty on Vietnamese steel
• For firms hit by rioting, it’s back to business as usual
• Viet Nam, Egypt need to improve trade links
• Dairy companies resume production of condensed milk
• Finance companies, banks fight for share of consumer-loan market
• Da Nang officials fed up with long-delayed luxury hotel projects
• Viettel to connect schools to web

VN-Index ends month on high note Posted: 01 Jun 2014 12:37 AM PDT Shares closed the last trading day of May with mixed results, higher on HCM City Stock Exchange but lower on the northern bourse. Analysts expect a more surprising June. According to FPT Securities, risks eased over the first half of this month, creating opportunities for investors to buy stocks. The VN-Index gained by 3.57 points […] The post VN-Index ends month on high note appeared first on Vietnam Business News.

Vietnam Facebook users snub negative posts Posted: 01 Jun 2014 12:36 AM PDT Facebook users in Viet Nam are likely to “unfriend” people putting up lots of meaningless status updates, a survey released last week by market research firm Epinion has found. This was listed as the most common reason for turning friends into former friends, with 60 per cent of respondents saying they have done this to […] The post Vietnam Facebook users snub negative posts appeared first on Vietnam Business News.

Vietnamese iPhones spared by hackers Posted: 01 Jun 2014 12:33 AM PDT While many Australian and US iPhone owners were hacked since the beginning of this week, Vietnamese iPhone owners did not seem to be in threat, experts reported. Vice Director of online security Ngo Tuan Anh at Viet Nam’s leading security firm BKAV stated that in Australia and the United States, hackers had obtained access to […] The post Vietnamese iPhones spared by hackers appeared first on Vietnam Business News.

US reduces anti-dumping duty on Vietnamese steel Posted: 01 Jun 2014 12:32 AM PDT The US Department of Commerce (DOC) has issued its final decision to impose an anti-dumping duty on welded stainless steel pressure pipes imported from Viet Nam, Malaysia and Thailand. According to the Viet Nam Competition Authority under the Ministry of Industry and Trade, the Sonha International Corporation, Mejonson Industrial Viet Nam Company, Ltd and other […] The post US reduces anti-dumping duty on Vietnamese steel appeared first on Vietnam Business News.

For firms hit by rioting, it’s back to business as usual Posted: 01 Jun 2014 12:31 AM PDT A representative from the Hong Kong Business Association was positive yesterday about Government efforts to restore business confidence after the recent rioting. He told a meeting organised by the Viet Nam Chamber of Commerce in HCM City that firms would continue to do business despite the incidents. The riots were triggered by the installation of […] The post For firms hit by rioting, it’s back to business as usual appeared first on Vietnam Business News.

Viet Nam, Egypt need to improve trade links Posted: 01 Jun 2014 12:30 AM PDT The bilateral relations between Viet Nam and Egypt, especially in trade, investment and tourism, have failed to match the potential and expectations of the two nations. Viet Nam’s Ambassador to Egypt Dao Thanh Chung said this at a conference in Alexandria on Thursday. Although both sides have signed several cooperation agreements, many of them are […] The post Viet Nam, Egypt need to improve trade links appeared first on Vietnam Business News.

Dairy companies resume production of condensed milk Posted: 01 Jun 2014 12:28 AM PDT Dairy producers have stepped up production of condensed milk following a slowdown in growth from 2009 to 2014. At its peak, about 312 million cans of condensed milk were being produced by domestic companies a year prior to the slowdown, while foreign-invested enterprises in Vietnam produced 92 million cans a year. The growth rate for […] The post Dairy companies resume production of condensed milk appeared first on Vietnam Business News.

Finance companies, banks fight for share of consumer-loan market Posted: 01 Jun 2014 12:27 AM PDT Finance companies are flexing their muscles as they prepare to go head-to-head with commercial banks for a share of the profitable consumer-loan market. Several commercial banks have recently made plans to acquire finance companies or establish their own finance companies in an aim to increase their share of consumer lending. HD Bank's board of directors, […] The post Finance companies, banks fight for share of consumer-loan market appeared first on Vietnam Business News.

Da Nang officials fed up with long-delayed luxury hotel projects Posted: 01 Jun 2014 12:26 AM PDT Real estate developers from Hanoi and HCM City once flocked to Da Nang to seek opportunities in the market that promised to glitter like gold, especially in the luxury-hotel segment. Vu Long Chau JSC, for example, once organized an impressive ground-breaking ceremony to build the Da Nang Center and Han Riverside complex, totaling $125 million. […] The post Da Nang officials fed up with long-delayed luxury hotel projects appeared first on Vietnam Business News.

Viettel to connect schools to web Posted: 31 May 2014 11:32 AM PDT All educational institutions from pre-schools to universities nationwide will be connected to the Internet by a fibre optic infrastructure provided free of charge by telecom group Viettel. This was announced at the signing ceremony for an agreement on co-operation between Viettel and the Ministry of Education and Training in Ha Noi on Wednesday. The agreement […] The post Viettel to connect schools to web appeared first on Vietnam Business News.

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