Monday, September 29, 2014

The Business Times: Ha Noi plans supermarket network

The Business Times: Ha Noi plans supermarket network

Link to Vietnam Business News

Ha Noi plans supermarket network

Posted: 28 Sep 2014 07:35 PM PDT

A retail network consisting of 988 supermarkets and 64 shopping centres will be built in the capital city by 2020 to serve the needs of its citizens. Tran Thi Phuong Lan, vice director of the city’s Department of Industry and Trade, said that under its trade development programme, the city would be spending VND521 trillion […]

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Better to buy houses in City, rent in Ha Noi: CBRE

Posted: 28 Sep 2014 07:34 PM PDT

House rentals are vastly different in HCM City and Ha Noi. For a similar quality apartment in a comparable location, the rent in HCM City is 10-20 per cent higher than in Ha Noi. This means residential properties in the southern hub can provide better yields than those in Ha Noi for landlords, according to […]

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FDI growth expected to continue

Posted: 28 Sep 2014 07:24 PM PDT

Foreign direct investment has significantly increased in recent years and will continue in the years ahead, especially as more State-owned enterprises are equitised, according to analysts. Although Viet Nam has not had rapid growth in recent years, the country is still considered a good place for foreign investors because of its expected medium- and long-term […]

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Remittances could total $5b in City

Posted: 28 Sep 2014 07:22 PM PDT

Remittances by overseas Vietnamese through banks and other official channels to HCM City could reach US$5 billion this year, an increase of $1 billion from last year, according to the State Bank of Viet Nam. The estimation is based on the remittances received so far, which, as of early September had topped $2.7 billion, a […]

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Blue chip slump drags down share prices

Posted: 28 Sep 2014 07:22 PM PDT

Shares last week continued to slide mainly over the slump in blue chips, as investors helped to drive down market liquidity by becoming more cautious following the previous week’s decline. On the HCM City Stock Exchange, the VN-Index lost by 1.35 per cent over the previous Friday’s close to end at 604.98 points. The average […]

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Economic restructuring remains difficult

Posted: 28 Sep 2014 07:01 PM PDT

The bi-annual Autumn Economic Forum 2014 held in the northern province of Ninh Binh last Saturday was seeking fresh ways to speed up Viet Nam’s economic restructuring process. The National Assembly’s Economics Commission joined the Vietnam Chamber of Commerce and Industry and the Academy of Social Sciences in organising the two-day forum, which carried the […]

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Agriculture needs investment

Posted: 28 Sep 2014 07:00 PM PDT

New policies that would attract investment in the hi-tech agriculture sector would create a breakthrough in production and consumption of farm produce, the HCM City Department of Agriculture and Rural Development has recommended. Although the city has paid attention to enhancing advanced technology in agricultural production in the past, the value of agricultural production has […]

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September sees fall in confidence index

Posted: 28 Sep 2014 04:25 PM PDT

The ANZ-Roy Morgan Viet Nam Consumer Confidence Index has fallen slightly to 135.0 in September, down 0.5 point over the previous month. ANZ Bank economists announced this in a report on Wednesday, adding that the index still remains clearly above the 2014 average of 132.0. This month’s fall in consumer confidence was primarily driven by […]

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