The Business Times: Opportunities of second M&A wave

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• Opportunities of second M&A wave
• Vietnam to stop issuing GDP figures for each province from 2018
• Rolling back shipping fees
• Maximum land price to be increased
• Vietnamese “dislike” payment cards, still prefer cash
• Filipino investors do roaring trade in Vietnam
• Vietnamese companies want to make parts and accessories for Samsung
• Housing law restricts foreign homebuyers
• Beverage firms protest validation stamps on beers
• Convenience stores, mini marts losing ground to big retail chains

Opportunities of second M&A wave Posted: 16 Sep 2014 05:38 PM PDT The second wave of mergers and acquisitions (M&A), forecast for the 2014-2018 period, is expected to be on a larger scale compared to the previous one with total value of successful transactions possibly reaching 20 billion USD. Participants in the Vietnam M&A Forum 2014, which took place in Ho Chi Minh City recently, said the […] The post Opportunities of second M&A wave appeared first on Vietnam Business News.

Vietnam to stop issuing GDP figures for each province from 2018 Posted: 16 Sep 2014 06:41 AM PDT Vietnam will have only one national annual GDP figure released by the General Statistics Office (GSO) instead of multiple figures for individual provinces and cities. "Local authorities will send reports about their socio-economic development to central agencies and GSO, which will analyze the reports and calculate the national GDP," said Nguyen Van Chung, Deputy Minister […] The post Vietnam to stop issuing GDP figures for each province from 2018 appeared first on Vietnam Business News.

Rolling back shipping fees Posted: 16 Sep 2014 06:37 AM PDT Nguyen Nhat, director of the Vietnamese Maritime Administration, spoke to Thoi Bao Kinh Te Viet Nam (Viet Nam Economic Times) about plans to cut unnecessary and burdensome fees imposed on cargo clients In your opinion, what causes are behind congestion at Cat Lai port and the new fees imposed on the owners of shipped cargo? […] The post Rolling back shipping fees appeared first on Vietnam Business News.

Maximum land price to be increased Posted: 16 Sep 2014 06:30 AM PDT The State aims to increase the price of land in Viet Nam to a maximum of VND162 million per square metre. This will be 2.4 times higher than the current price of VND67.5 million per square metre, according to a draft of the State’s amended Decree on Land Price Framework. The Ministry of Resource and […] The post Maximum land price to be increased appeared first on Vietnam Business News.

Vietnamese “dislike” payment cards, still prefer cash Posted: 16 Sep 2014 06:21 AM PDT Despite great efforts by the State Bank to encourage use of payment cards, Vietnamese still prefer cash. When Hoang Thu Le made a payment for a refrigerator which had the quoted price of VND8 million at a home appliance center in District 5 in HCM City, she was told that VND8.16 million had been deducted […] The post Vietnamese "dislike" payment cards, still prefer cash appeared first on Vietnam Business News.

Filipino investors do roaring trade in Vietnam Posted: 16 Sep 2014 06:18 AM PDT Cash flow from the Philippines is gradually encroaching on the Vietnamese market, but its presence is not well known. Analysts say that the biggest investors from the Philippines, the hottest economy in Asia, have been heading for Vietnam, where they can see great business opportunities in essential sectors, including food and beverage, infrastructure, clean water […] The post Filipino investors do roaring trade in Vietnam appeared first on Vietnam Business News.

Vietnamese companies want to make parts and accessories for Samsung Posted: 16 Sep 2014 06:16 AM PDT Hundreds of Vietnamese enterprises are anxious to organize production and make parts and accessories to provide to Samsung, now that the South Korean giant has stepped up its business in the country. Contrary to predictions that Vietnamese businesses were either not capable or willing to be satellite companies to Samsung, many enterprises are racing to […] The post Vietnamese companies want to make parts and accessories for Samsung appeared first on Vietnam Business News.

Housing law restricts foreign homebuyers Posted: 16 Sep 2014 05:48 AM PDT Foreigners entering Viet Nam are no longer automatically allowed to own houses in the country, according to the latest draft of the amended Law on Housing. The National Assembly’s Standing Committee was still discussing the latest version of the law last Wednesday and was expected to submit the final draft to the National Assembly for […] The post Housing law restricts foreign homebuyers appeared first on Vietnam Business News.

Beverage firms protest validation stamps on beers Posted: 16 Sep 2014 05:42 AM PDT The Ministry of Industry and Trade’s proposal to stick stamps on beer products to deter fake products has not been welcomed by the industry. Similar stamps are already placed on tobacco products. If the beer proposal comes into force, market-watch inspectors will be equipped with a machine to distinguish real from fake stamps. The latest […] The post Beverage firms protest validation stamps on beers appeared first on Vietnam Business News.

Convenience stores, mini marts losing ground to big retail chains Posted: 16 Sep 2014 05:39 AM PDT Convenience stores are being excluded from the market as they now must compete with big foreign retail chains. A mini shop on a crossroads near the center of Hanoi, for example, does not attract the attention of passersby unless they look closely at a small board hanging at the entrance, on which the English word […] The post Convenience stores, mini marts losing ground to big retail chains appeared first on Vietnam Business News.

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