The Business Times: Five VN companies in Asia Pacific’s top 500 retailers

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• Five VN companies in Asia Pacific’s top 500 retailers
• HCM City promotes investment in Belgium
• B. Braun looks to invest extra US$270 million
• Equitisation of State-owned enterprises discussed
• Experts advise on support industries
• Coffee exports up in volume, value in six months
• It’s time to reduce imports from China
• VSIP Quang Ngai gearing up
• Key investors of VNA remain unknown
• Work begins on huge FDI projects

Five VN companies in Asia Pacific’s top 500 retailers Posted: 30 Jun 2014 06:18 PM PDT Five Vietnamese companies have been listed among Asia Pacific's top 500 retailers in 2014, according to the Retail Asia Publishing Pte and the Euromonitor (Asia) Pte Ltd. They are Saigon Union of Trading Cooperatives, with last year's retail turnover of US$1,105 million, Big C chain under Casino Guichard Perrachon SA (US$534 million), Nguyen Kim Trading […] The post Five VN companies in Asia Pacific's top 500 retailers appeared first on Vietnam Business News.

HCM City promotes investment in Belgium Posted: 30 Jun 2014 06:17 PM PDT A Vietnamese delegation, led by Le Hoang Quan, Chairman of the People’s Committee of Ho Chi Minh City is on a working visit to Belgium from June 28-July 3, aiming to attract increased investment and boost cooperation. During their visit, the delegation will meet with representatives from the Belgian business community in Brussels and governmental […] The post HCM City promotes investment in Belgium appeared first on Vietnam Business News.

B. Braun looks to invest extra US$270 million Posted: 30 Jun 2014 05:22 PM PDT Germany's pharmaceutical company B. Braun Melsungen AG is planning to invest an additional US$270 million in Vietnam in order to satisfy increasing healthcare demand across the globe. According to a local source, B. Braun will expand its investment capital in Vietnam over the coming seven to nine years. The boost in investment aims to meet […] The post B. Braun looks to invest extra US$270 million appeared first on Vietnam Business News.

Equitisation of State-owned enterprises discussed Posted: 30 Jun 2014 05:09 PM PDT Breakthrough measures are needed to boost the equitisation of State-owned enterprises (SOEs), especially those proven ineffectual, said participants at a June 30 seminar in HCM City. Professor Le Quoc, Deputy Director of the Ho Chi Minh National Academy of Politics and Public Administrations (HCMA), emphasized that SOE restructuring should pay attention to operation of different […] The post Equitisation of State-owned enterprises discussed appeared first on Vietnam Business News.

Experts advise on support industries Posted: 30 Jun 2014 03:26 PM PDT To develop its support industries, HCM City needs to identify the main sectors and focus on training, technology, and incentives for their development, experts told a seminar on attracting investment in the sectors last week. Vu Van Hoa, president of HCM City Export Processing and Industrial Zones Authority(HEPZA), said Vietnam has not identified key national […] The post Experts advise on support industries appeared first on Vietnam Business News.

Coffee exports up in volume, value in six months Posted: 30 Jun 2014 07:30 AM PDT Vietnam fetched US$2.12 billion from exporting 1.04 million tonnes of coffee in the first half of the year, up 31.7% in volume and 24.7% in value over last year's same period. According to the Ministry of Agriculture and Rural Development (MARD), 109,000 tonnes of coffee were shipped in June alone, grossing US$229 million. During the […] The post Coffee exports up in volume, value in six months appeared first on Vietnam Business News.

It’s time to reduce imports from China Posted: 30 Jun 2014 07:29 AM PDT The historical trade relationship between Vietnam and China has always been one-sided, with Vietnam incurring consistent deficits, according to a leading official at the General Statistics Office of Vietnam (GSO). "It is high time Vietnam considers reducing its imports from the Chinese market," says Le Thi Minh Thuy, Head of the Trade and Services Statistics […] The post It's time to reduce imports from China appeared first on Vietnam Business News.

VSIP Quang Ngai gearing up Posted: 30 Jun 2014 07:20 AM PDT The Vietnam-Singapore Industrial Park (VSIP) in Quang Ngai has attracted seven foreign-invested enterprises (FIEs) since it officially opened in September 2013. Three projects capitalized at more than US$115 million have got off the ground and are due to be put into operation in 2015. Located in Son Tinh district, VSIP Quang Ngai is expected to […] The post VSIP Quang Ngai gearing up appeared first on Vietnam Business News.

Key investors of VNA remain unknown Posted: 30 Jun 2014 07:10 AM PDT Who will be strategic shareholders of Vietnam Airlines Corporation (VNA) remains a secret though an initial public offering (IPO) of the biggest State-owned enterprise in the civil aviation sector has a few months to go. VNA plans to launch the IPO some time this year as part of its equitization plan already approved by the […] The post Key investors of VNA remain unknown appeared first on Vietnam Business News.

Work begins on huge FDI projects Posted: 30 Jun 2014 07:07 AM PDT Along with projects worth billions of US dollars, such as the Nghi Son, Long Son and Vung Ro oil refineries, work on a series of other large-scale projects for LG and Samsung has begun. The Manpower Group, for example, started recruiting manpower for the $9 billion petrochemical project in Nghi Son in Thanh Hoa province […] The post Work begins on huge FDI projects appeared first on Vietnam Business News.

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