The Business Times: Vietnam considers lifting import ban on French beef

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• Vietnam considers lifting import ban on French beef
• Shrimp prices tumble as anti-dumping duties soar
• Oil giants race to invest in Vietnam
• Ministry aims for 2015 Mobifone equitisation
• Vietnam Airlines to perform IPO in mid-Nov.
• Foreign manufacturers use foreign parts suppliers to avoid tax: Analysts
• Hoa Sen chairman is EY Entrepreneur of the Year 2014
• Asian developers turn their backs on once-hot property sector
• Draft law requires banks to offer consumer credit via finance companies

Vietnam considers lifting import ban on French beef Posted: 09 Oct 2014 08:00 PM PDT The Ministry of Agriculture and Rural Development has been tasked with assessing whether to lift the ban on beef imports from France once the products meet Vietnamese requirements. Deputy Prime Minister Hoang Trung Hai instructed the ministry to work closely with relevant agencies and French exporters to address technical problems and facilitate bilateral trade. On […] The post Vietnam considers lifting import ban on French beef appeared first on Vietnam Business News.

Shrimp prices tumble as anti-dumping duties soar Posted: 09 Oct 2014 07:55 PM PDT After the US Department of Commerce (DOC) imposed the highest ever anti-dumping duties on warm-water shrimp exports from Vietnam, prices for black-tiger and white-legged shrimp in the Mekong Delta have plunged dramatically. Vietnamese farmers have once again become the victims of trade disputes. The white-legged shrimp price in Tra Vinh province dropped by VND20,000 per […] The post Shrimp prices tumble as anti-dumping duties soar appeared first on Vietnam Business News.

Oil giants race to invest in Vietnam Posted: 09 Oct 2014 07:55 PM PDT Although Vietnam initially decided to build only three oil refineries, two are about to be built and others are under construction, while several more are awaiting licenses. Just one day after the Thai PTT Group submitted plans to build the $22 billion Binh Dinh oil refinery to the Ministry of Industry and Trade (MOIT), a […] The post Oil giants race to invest in Vietnam appeared first on Vietnam Business News.

Ministry aims for 2015 Mobifone equitisation Posted: 09 Oct 2014 07:53 PM PDT The Ministry of Information and Communications (MIC) will submit its equitisation plan for Mobifone to the Government by end-2014 and if approved, it will implement this plan in 2015. At an industry seminar last Monday, Information and Communications Minister Nguyen Bac Son said that among the 432 domestic enterprises to be equitised, Mobifone, the mobile […] The post Ministry aims for 2015 Mobifone equitisation appeared first on Vietnam Business News.

Vietnam Airlines to perform IPO in mid-Nov. Posted: 09 Oct 2014 07:48 PM PDT The Ho Chi Minh City Stock Exchange has announced to hold the IPO (initial public offering) auction of the national carrier Vietnam Airlines' shares on November 15. This is one of the most anticipated auctions in 2014. According to the equitization plan, Vietnam Airlines has charter capital of over VND14.1 trillion and it will auction […] The post Vietnam Airlines to perform IPO in mid-Nov. appeared first on Vietnam Business News.

Foreign manufacturers use foreign parts suppliers to avoid tax: Analysts Posted: 09 Oct 2014 07:47 PM PDT Foreign automobile and electronics manufacturers often choose foreign enterprises for their parts and accessory suppliers instead of Vietnamese companies because it allows them to engage in transfer pricing, some analysts have claimed. Samsung, Toyota, Canon and other giants in the manufacturing industry have complained many times that they could not find Vietnamese companies capable of […] The post Foreign manufacturers use foreign parts suppliers to avoid tax: Analysts appeared first on Vietnam Business News.

Hoa Sen chairman is EY Entrepreneur of the Year 2014 Posted: 09 Oct 2014 07:38 PM PDT Le Phuoc Vu, chairman of the management board of Hoa Sen Group, yesterday won the EY Entrepreneur of the Year 2014 award, the prestigious international prize which EY initiated in 1986. The award, running for the second straight year in Viet Nam, aims to honour the innovation and bravery of the country’s entrepreneurs in a […] The post Hoa Sen chairman is EY Entrepreneur of the Year 2014 appeared first on Vietnam Business News.

Asian developers turn their backs on once-hot property sector Posted: 09 Oct 2014 07:38 PM PDT Several years ago, more South Korean and Japanese investors arrived in Vietnam, ready to pour more money into property projects. Analysts at the time predicted that many construction works in the country would "bear the South Korean stamp", that is, a certain style. Lotte Center, the 65-storey building on Lieu Giai Street, one of the […] The post Asian developers turn their backs on once-hot property sector appeared first on Vietnam Business News.

Draft law requires banks to offer consumer credit via finance companies Posted: 09 Oct 2014 07:36 PM PDT Commercial banks will be forced to stop providing consumer loans if they don't have finance companies of their own, under a draft document being compiled by the State Bank of Vietnam. The draft has attracted special attention from bankers as most of them now want to develop retail banking services after a long period of […] The post Draft law requires banks to offer consumer credit via finance companies appeared first on Vietnam Business News.

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