Wednesday, October 1, 2014

The Business Times: Vietnam aims for just four key industries

The Business Times: Vietnam aims for just four key industries

Link to Vietnam Business News

Vietnam aims for just four key industries

Posted: 30 Sep 2014 09:09 PM PDT

Viet Nam this week announced an action plan that maps out strategies to develop four key industries to raise the country’s competence in production and service supply. Under the framework of Viet Nam-Japan co-operation from 2020 to 2030, the industries are electronics, agricultural machinery, agro-fishery processing, and environmental industry and energy conservation. These industries are […]

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Samsung gets special treatment for its Display project in Bac Ninh

Posted: 30 Sep 2014 08:58 PM PDT

Economists are concerned about the special investment incentives given to Samsung for its Samsung Display project by the Bac Ninh provincial People's Committee. The committee has signed a decision to give financial support to build technical infrastructure in the Yen Phong 1 Industrial Zone, where Samsung is carrying out the Samsung Display project. The financial […]

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Why does China win bids so easily in Vietnam?

Posted: 30 Sep 2014 08:56 PM PDT

The recent incident in which two Chinese contractors suddenly abandoned their contracts related to the Upper Kon Tum hydroelectric project has aroused great concern because this is one of many projects using Chinese technology and implemented by Chinese contractors. VietNamNet talks with Dr. Tran Dinh Thien, Head of the Vietnam Economics Institute, about this issue. […]

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Apartment buyers to sue Keangnam Vina

Posted: 30 Sep 2014 08:28 PM PDT

A court hearing in which apartment buyers were set to sue Keangnam Vina – the investor of the Keangnam Hanoi Landmark Tower was delayed last week. The representative of the Tu Liem District People's Court last week announced that the court hearing had been delayed due to incomplete administrative procedures. The ill-fated Keangnam Hanoi Landmark […]

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New decree proposes huge hikes in land prices

Posted: 30 Sep 2014 08:24 PM PDT

A draft decree on land prices could drive investment rates much higher, businesses fear. Under the draft decree, now open for public opinion, the highest land price level tfor the Red River Delta and the eastern part of the southern region would be VND162 million per square meter. The current price of land in urban […]

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VN’s first ETF to list certificates next week

Posted: 30 Sep 2014 08:22 PM PDT

The fund certificates of Viet Nam’s first exchange-traded fund (ETF) VFMVN30 will be listed from October 6, the HCM City Stock Exchange has announced. The number of listed certificates, coded E1VFVN30, will be 20.2 million, which corresponds to the proceeds raised from the fund’s initial public offering of VND202 billion (US$9.5 million), which is double […]

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Property developers, bankers rescue animal husbandry sector

Posted: 30 Sep 2014 08:21 PM PDT

Experts months ago warned that the domestic animal husbandry would "die young" as Australian beef was flooding the Vietnamese market. However, they have had a change of opinion as some businesspeople with powerful financial capability and new business strategies have committed to pour capital into the sector. Australian beef products are available everywhere in Vietnam, […]

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