The Business Times: Prospects for boosting seafood exports

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• Prospects for boosting seafood exports
• Online bill payment garners popularity
• Vietnam steps up Aussie beef imports
• Rice export price stands high
• Vietnam, Brazil see booming trade
• Vietnamese start-ups find it difficult to attract investors
• Gamuda hesitates on $150m land compensation price tag
• Licences of 17 delayed projects to be revoked
• Facts and figures about rich Vietnamese
• Resort development time-consuming in Vietnam

Prospects for boosting seafood exports Posted: 04 Aug 2014 03:05 AM PDT Over the past seven months, the nation's seafood export turnover has skyrocketed 24.5% to US$4.2 billion on-year with the US, EU, Japan, Republic of Korea and China remaining the leading import markets of Vietnamese seafood. Not only carving out a niche in key export markets, Vietnamese seafood has established a solid foothold in the global […] The post Prospects for boosting seafood exports appeared first on Vietnam Business News.

Online bill payment garners popularity Posted: 04 Aug 2014 03:05 AM PDT Vietnam is a potential market for internet banking services, as only 22% of its population possesses bank accounts. The Vietnam Business Forum magazine quoted a source from the State Bank of Vietnam as saying that more than 20 banks in Vietnam are offering services like paying electricity and phone bills and taxes on behalf of […] The post Online bill payment garners popularity appeared first on Vietnam Business News.

Vietnam steps up Aussie beef imports Posted: 04 Aug 2014 03:02 AM PDT Vietnam has become the second largest importer of Australian cattle, behind Indonesia, according to BeefCentral.com, a free news website and market intelligence service dedicated to the Australian beef industry. The website said that from June 2013 to April 2014, Vietnam imported 112,982 heads of cattle. Last year, the country ranked 11th, importing 8,900 heads of […] The post Vietnam steps up Aussie beef imports appeared first on Vietnam Business News.

Rice export price stands high Posted: 04 Aug 2014 03:01 AM PDT In late July, 5% broken rice was selling at a record high of US$460-470 per tonne while 25% broken rice hit US$405-410 per tonne. According to the Vietnam Food Association (VFA), Vietnam exported more than 615,000 tonnes of rice in July, fetching US$264.6 million, bringing the cumulative rice export volume this year to 3.6 million […] The post Rice export price stands high appeared first on Vietnam Business News.

Vietnam, Brazil see booming trade Posted: 04 Aug 2014 03:00 AM PDT Two-way trade between Vietnam and Brazil jumped 18% on-year for the first six months of 2014 tallying in at US$1.275 billion, according to the Brazilian Ministry of Development, Industry and Foreign Trade. For the first-half of the year, Vietnamese export revenues from Brazil surged 33.3% to hit a record US$732.6 million, while its imports from […] The post Vietnam, Brazil see booming trade appeared first on Vietnam Business News.

Vietnamese start-ups find it difficult to attract investors Posted: 04 Aug 2014 02:48 AM PDT While foreign investment funds complain it is difficult to find suitable start-ups to invest in, Vietnamese businesses say it is very difficult to convince investors because they are too demanding. Two venture funds Digital Media Partners (DMP) and Monk's Hill Venture (MHV) still have not found any technology businesses into which they can pump capital. […] The post Vietnamese start-ups find it difficult to attract investors appeared first on Vietnam Business News.

Gamuda hesitates on $150m land compensation price tag Posted: 04 Aug 2014 02:44 AM PDT Malaysian-backed Gamuda Berhad, developer of the giant Hanoi-based Gamuda City urban development has requested the Hanoi People's Committee allow the firm to withdraw from Parcel B of the Yen So Park subproject. VIR's Bich Ngoc talked with Gamuda Land Vietnam general director Cheong Ho Kuan on the reasons and what the future holds for the […] The post Gamuda hesitates on $150m land compensation price tag appeared first on Vietnam Business News.

Licences of 17 delayed projects to be revoked Posted: 04 Aug 2014 02:42 AM PDT Licences of nearly 17 investment projects at the Moc Bai Border Gate Economic Zone in southern Tay Ninh Province which have been delayed may be revoked. The management board of the provincial Economic Zone Management said that the 17 projects on construction of residential and industrial areas, trade centres and eco-tourism sites have not seen […] The post Licences of 17 delayed projects to be revoked appeared first on Vietnam Business News.

Facts and figures about rich Vietnamese Posted: 04 Aug 2014 02:37 AM PDT Vietnam has more than 110 super-rich people, as announced by the World Bank. The super-rich include state agency officials. No one knows the actual values of their assets. The country's average income per capita, as announced by the Prime Minister Nguyen Tan Dung at the Vietnam Development Partner Forum in late 2013, is $1,960 per […] The post Facts and figures about rich Vietnamese appeared first on Vietnam Business News.

Resort development time-consuming in Vietnam Posted: 04 Aug 2014 02:35 AM PDT A vice chairman of the Vietnam Tourism Property Association said it is time-consuming for investors to complete all the approval procedures and development of luxury resorts in Vietnam. At a review meeting of the association in HCMC last week, Than Thanh Vu said it takes the investor 167 months, or almost 14 years, to complete […] The post Resort development time-consuming in Vietnam appeared first on Vietnam Business News.

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