The Business Times: Vietnam asks to ease seafood restrictions

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• Vietnam asks to ease seafood restrictions
• Vietnam calls for more investment
• SBV sets new rules to prevent big companies from dominating stock market
• New body to facilitate revival, growth of tea industry
• Law to give foreigners right to purchase homes
• Watchdog agency bans milk-formula ads to curb prices
• Vietnam has two USD billionaires, 208 millionaires
• MOIT regulation on foreign retailers contains loopholes: lawyers
• Millions of people expected to join VN’s first Black Friday
• What if the brewery industry was more tightly controlled?

Vietnam asks to ease seafood restrictions Posted: 25 Nov 2014 06:06 PM PST The National Agro-Forestry Fisheries Quality Assurance (Nafiqad) under the Ministry of Agriculture and Rural Development has asked Russia to ease restrictions on Vietnamese seafood exports to the Eurasian Economic Community. Russia now only allows Vietnamese seafood enterprises with existing contracts to export to the market. This means only 64 of the 102 enterprises that meet […] The post Vietnam asks to ease seafood restrictions appeared first on Vietnam Business News.

Vietnam calls for more investment Posted: 25 Nov 2014 06:03 PM PST Vietnam’s dynamic economy needs foreign companies, including Germans, to utilise a growing opportunity to invest in infrastructure, renewable energy, transportation, seaport development and other areas, Prime Minister Nguyen Tan Dung said yesterday. The PM addressed the 14th Asia-Pacific Conference of German Business, which took place in HCM City on November 21 and 22. German businesses […] The post Vietnam calls for more investment appeared first on Vietnam Business News.

SBV sets new rules to prevent big companies from dominating stock market Posted: 25 Nov 2014 05:57 PM PST The stock market has been stirred up with the news that credit institutions' loans to investors to fund their stock investment must not be higher than 5 percent of the institutions' chartered capital. The State Bank of Vietnam (SBV) is about to issue a new circular, setting the limits and conditions for commercial banks in […] The post SBV sets new rules to prevent big companies from dominating stock market appeared first on Vietnam Business News.

New body to facilitate revival, growth of tea industry Posted: 25 Nov 2014 05:57 PM PST Viet Nam has organised a steering committee that will enable the country’s tea industry to recover, become highly competitive and achieve sustainable development in the future. Last week, the Ministry of Agriculture and Rural Development (MARD) introduced the steering committee with members from concerned ministries and sectors, including the Viet Nam Tea Association (Vitas). Nguyen […] The post New body to facilitate revival, growth of tea industry appeared first on Vietnam Business News.

Law to give foreigners right to purchase homes Posted: 25 Nov 2014 05:56 PM PST The lifting of restrictions on foreigners from owning property in Viet Nam will benefit the country, experts said. The amended Housing Law, which is scheduled to be approved by the National Assembly next week, has drawn the attention of the property market, as it will decide whether foreign individuals and organisations that are allowed to […] The post Law to give foreigners right to purchase homes appeared first on Vietnam Business News.

Watchdog agency bans milk-formula ads to curb prices Posted: 25 Nov 2014 05:55 PM PST The government has prohibited manufacturers and distributors to advertise milk-formula products used to replace breast milk. The Ministry of Finance (MOF) has requested enterprises to cut the ad budgets in an aim to force prices down. At the milk shop on Son Tay Street in Hanoi, a saleswoman was seen introducing a sale promotion to […] The post Watchdog agency bans milk-formula ads to curb prices appeared first on Vietnam Business News.

Vietnam has two USD billionaires, 208 millionaires Posted: 25 Nov 2014 05:55 PM PST Wealth-X and the Union Bank of Switzerland (UBS) have published a report on people in the world in 2014 with assets of at least over $30 million. Vietnam has 210 representatives with total assets of $20 billion. Compared with last year, the number of US dollar millionaires of Vietnam has increased by 15 people but […] The post Vietnam has two USD billionaires, 208 millionaires appeared first on Vietnam Business News.

MOIT regulation on foreign retailers contains loopholes: lawyers Posted: 25 Nov 2014 05:53 PM PST National Assembly deputies have expressed their concern about the dominance of foreign retailers in the domestic retail market, but the Ministry of Industry and Trade (MOIT) disagrees with their sentiments. Nguyen Ngoc Hoa, a National Assembly's deputy, chair of the Saigon Co-op, one of the largest Vietnamese retailers, said on November 18 that he fears […] The post MOIT regulation on foreign retailers contains loopholes: lawyers appeared first on Vietnam Business News.

Millions of people expected to join VN’s first Black Friday Posted: 25 Nov 2014 05:50 PM PST More than 200 e-commerce companies have registered to take part in the first online Black Friday, scheduled on December 5, said Mr. Nguyen Thanh Hung, Secretary General of the Vietnam E-Commerce Association. Similar to Black Friday in the United States, "Online Shopping Day" (December 5) is anticipated to be a day businesses come out with […] The post Millions of people expected to join VN's first Black Friday appeared first on Vietnam Business News.

What if the brewery industry was more tightly controlled? Posted: 25 Nov 2014 01:06 PM PST It is highly possible that breweries would be listed as a conditional business field, which means that it will pay high taxes and be put under strict control of state management agencies. While social organizations concerned about the public health have called for tighter control over beer production, economists have warned that breweries and consumers […] The post What if the brewery industry was more tightly controlled? appeared first on Vietnam Business News.

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