The Business Times: Farmers unhappy with MARD’s rice-production restructuring strategy

---

• Farmers unhappy with MARD’s rice-production restructuring strategy
• Millions of US dollars spent on real estate for the dead
• F&B investors enter Vietnamese market via side door
• Cash still trumps online payment
• Securities firms lead profit growth
• No loans yet for Long Thanh Airport project: Japanese embassy
• Taiwanese steel-maker wants to have its own fleet in Vietnam
• Wealthy Vietnamese businesspeople shun the bourse
• Transportation project delays cause serious consequences

Farmers unhappy with MARD’s rice-production restructuring strategy Posted: 20 Oct 2014 01:00 AM PDT The Ministry of Agriculture and Rural Development (MARD) has set high goals when drafting the rice-production restructuring strategy, which Vietnamese farmers have found "unfeasible" and "unrealistic". MARD believes that the country should strive to export white long-grain rice for an average $600 a ton by 2020 and fragrant specialty rice for $800 per ton. Experts […] The post Farmers unhappy with MARD's rice-production restructuring strategy appeared first on Vietnam Business News.

Millions of US dollars spent on real estate for the dead Posted: 20 Oct 2014 12:58 AM PDT The movement to build cemetery parks in Vietnam has been flourishing in recent years, with projects worth dozens or hundreds of million of US dollars. Below are the most typical projects. Lac Hong Vien Cemetery This is the largest cemetery in Vietnam and Southeast Asia. The cemetery is very near Highway 6, about 50 km […] The post Millions of US dollars spent on real estate for the dead appeared first on Vietnam Business News.

F&B investors enter Vietnamese market via side door Posted: 20 Oct 2014 12:57 AM PDT Vietnam will have to open its food & beverage (F&B) market beginning in January 2015 under its WTO (World Trade Organization) commitments. However, dozens of F&B brands have been present in Vietnam for years, some entering through the "front door", and others through the "side door". The opening of the first Starbucks shop in Vietnam […] The post F&B investors enter Vietnamese market via side door appeared first on Vietnam Business News.

Cash still trumps online payment Posted: 20 Oct 2014 12:53 AM PDT Electronic payments for online transactions remained modest compared with cash-on-delivery payments, according to a recent report of the Ministry of Industry and Trade on e-commerce in Viet Nam. In spite of this, the e-commerce payment system is an important base for the development of e-commerce, which has great potential in Viet Nam, ministry officials stressed. […] The post Cash still trumps online payment appeared first on Vietnam Business News.

Securities firms lead profit growth Posted: 20 Oct 2014 12:52 AM PDT Listed securities companies took the lead in profit growth in the first nine months of 2014 because of the market rally, according to the financial information website vietstock.vn. Notably, VietDragon Securities (VDS) achieved a profit of more than VND50 billion (US$2.3 million) in the period. In September alone, the company earned VND24 billion ($1.1 million). […] The post Securities firms lead profit growth appeared first on Vietnam Business News.

No loans yet for Long Thanh Airport project: Japanese embassy Posted: 20 Oct 2014 12:52 AM PDT Although the Ministry of Transport of Vietnam (MOT) has said Japan would lend $2 billion in official development assistance (ODA) to fund the Long Thanh Airport project, the first secretary of the Japanese Embassy in Vietnam Hiroyuki Hayashi, on October 17 denied that it had agreed to do so, according to a report in Thanh […] The post No loans yet for Long Thanh Airport project: Japanese embassy appeared first on Vietnam Business News.

Taiwanese steel-maker wants to have its own fleet in Vietnam Posted: 20 Oct 2014 12:51 AM PDT Taiwanese-invested Formosa Iron and Steel Co., Ltd. based in Ha Tinh Province, in central Vietnam, has asked for the Ministry of Transport's permission to establish its own steel-transport fleet in Vietnam. According to Formosa's petition sent to the Ministry of Transport, Ha Tinh province, the National Maritime Administration and the Board of Management of the […] The post Taiwanese steel-maker wants to have its own fleet in Vietnam appeared first on Vietnam Business News.

Wealthy Vietnamese businesspeople shun the bourse Posted: 19 Oct 2014 08:54 PM PDT Many Vietnamese billionaires will refuse to talk about themselves and their business, keeping the public out of the know and preferring to stay away from the stock market. Ngo Han JSC (NHW), for example, has announced that it is no longer a public company. According to the Vietnam Depository Center, NHW had 98 shareholders by […] The post Wealthy Vietnamese businesspeople shun the bourse appeared first on Vietnam Business News.

Transportation project delays cause serious consequences Posted: 19 Oct 2014 09:59 AM PDT Transportation project delays are a major problem, Tran Huu Minh, a lecturer from the University of Transport and an expert in project evaluation, told Hai Quan Cuoi Tuan (Weekend Customs) newspaper. What do you think about the slow progress of transport projects? I think the situation is alarming. The problem is not just the slow […] The post Transportation project delays cause serious consequences appeared first on Vietnam Business News.

You are subscribed to email updates from Vietnam Business News To stop receiving these emails, you may unsubscribe now.	Email delivery powered by Google
Google Inc., 20 West Kinzie, Chicago IL USA 60610