The Business Times: Vietnam retailers revving up their competitive edge
The Business Times: Vietnam retailers revving up their competitive edge |  |
- Vietnam retailers revving up their competitive edge
- Big banks urged to get involved with M&As
- BSC upbeat about market outlook
- Ministry, firms at odds over housing inventory
- Equitization of 432 SOEs to finish next year
- No State money for bad debt
- Vietnam set to pay US$7 billion debt next year
- Urban flooding unavoidable
- India woos Vietnamese investors
- Second domestic ETF licensed
| Vietnam retailers revving up their competitive edge Posted: 22 Oct 2014 07:26 PM PDT In a move certain to unleash fierce competition in the nation's retail market, Vietnam will fully open it to foreign retailers as of January 2015, in line with World Trade Organisation (WTO) commitments. When the gloves come off, tens of thousands of goods from ASEAN member countries will be duty free, which is certain to […] The post Vietnam retailers revving up their competitive edge appeared first on Vietnam Business News. |
| Big banks urged to get involved with M&As Posted: 22 Oct 2014 07:25 PM PDT Mergers and acquisitions (M&A) within the Vietnamese banking industry have contributed to the sector’s restructuring in recent years, but experts are suggesting that big banks get involved in the process. Truong Thanh Duc, Chairman of the Vietnam Banking Association’s Legal Club, said banking reform in the past two years has yet to provide the expected […] The post Big banks urged to get involved with M&As appeared first on Vietnam Business News. |
| BSC upbeat about market outlook Posted: 22 Oct 2014 07:19 PM PDT Analysts of BIDV Securities Company (BSC) forecast the local stock market would maintain its uptick in the last quarter and the VN-Index would hover around the range of 630-670 points at the end of this year. They are optimistic that the main index would even beat a 700-point level early next year. Tran Thang Long, […] The post BSC upbeat about market outlook appeared first on Vietnam Business News. |
| Ministry, firms at odds over housing inventory Posted: 22 Oct 2014 07:19 PM PDT The property market has shown signs of warming up in the final months of the year; however, statistics on the inventory volume are still a mystery due to different ways of calculation. According to recent statistics of the Ministry of Construction, the value of property inventory was VND82.295 trillion as of August 20, down VND12.163 […] The post Ministry, firms at odds over housing inventory appeared first on Vietnam Business News. |
| Equitization of 432 SOEs to finish next year Posted: 22 Oct 2014 07:17 PM PDT The Government has pledged to speed up a national equitization scheme to ensure that 432 State-owned enterprises (SOE) will go public by the end of next year as scheduled. Presenting a report on socio-economic development in 2014 and tasks for 2015 at the eighth session of the 13th National Assembly in Hanoi City on Monday, […] The post Equitization of 432 SOEs to finish next year appeared first on Vietnam Business News. |
| Posted: 22 Oct 2014 07:16 PM PDT The Government has told the Ministry of Planning and Investment to withdraw its proposal for using the State budget to settle bad debt of State-owned enterprises (SOEs). In an urgent document sent to the ministry, the Government Office said Deputy Prime Minister Vu Van Ninh has ordered the ministry to take back the proposal for […] The post No State money for bad debt appeared first on Vietnam Business News. |
| Vietnam set to pay US$7 billion debt next year Posted: 22 Oct 2014 07:15 PM PDT Vietnam will have to spend VND150 trillion, or nearly US$7.1 billion, repaying for financial aid, short-term loans and domestic borrowings next year, according to Minister of Finance Dinh Tien Dung. Presenting a report on State budget estimates and allocations next year, Dung said the Government proposed a budget deficit of 5% of gross domestic product […] The post Vietnam set to pay US$7 billion debt next year appeared first on Vietnam Business News. |
| Posted: 22 Oct 2014 07:14 PM PDT Urban flooding in HCMC is approaching the irrecoverable threshold and is seen unavoidable in the next several years, according to facts and figures at a meeting convened yesterday by the HCMC government. Efforts now can only lessen the impacts, instead of warding off the man-made calamity. Officials at the meeting presided over by HCMC vice […] The post Urban flooding unavoidable appeared first on Vietnam Business News. |
| India woos Vietnamese investors Posted: 22 Oct 2014 07:07 PM PDT The Indian government is calling for Vietnamese enterprises to invest in the world's second most populated country as part of a campaign entitled "Make in India." The Consulate General of India in HCMC on October 21 held a function to promote the campaign initiated by Indian Prime Minister Narendra Modi to develop the country into […] The post India woos Vietnamese investors appeared first on Vietnam Business News. |
| Posted: 22 Oct 2014 03:21 PM PDT The State Securities Commission has granted a license to SSIAM HNX30, the second domestic exchange-traded fund (ETF) under management of SSI Asset Management (SSIAM). The fund simulates the 30 largest stocks which the HNX30 Index is tracking on the Hanoi Stock Exchange. It will be listed on the northern bourse. SSIAM has announced to launch […] The post Second domestic ETF licensed appeared first on Vietnam Business News. |
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