The Business Times: Eleven outstanding banks of standard international payment honoured

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• Eleven outstanding banks of standard international payment honoured
• Vingroup begins construction of tallest building in Vietnam
• Seafood sector: Rays of sunlight in marketplace
• Vietnam, Customs Union to sign FTA in early 2015
• MoU to boost Japanese city investment in Vietnam
• Vietnam targets 2020 industrial nation status
• Starbucks, McDonald’s arrival just a storm through the village
• Vietnam retail market to fully open for foreign firms
• Quang Nam wants to close two gold mines
• Gov’t to tax sales on Facebook, affecting small shops

Eleven outstanding banks of standard international payment honoured Posted: 15 Dec 2014 06:07 PM PST Citi, a leading foreign bank in Vietnam, held an award ceremony on December 11 to present the Straight Through Processing Award 2014 (STP Award) to 11 banks operating in Vietnam Citi, a leading foreign bank in Vietnam, held an award ceremony on December 11 to present the Straight Through Processing Award 2014 (STP Award) to […] The post Eleven outstanding banks of standard international payment honoured appeared first on Vietnam Business News.

Vingroup begins construction of tallest building in Vietnam Posted: 15 Dec 2014 06:05 PM PST Vingroup officially began construction of the tallest building in Vietnam up to now, The Landmark 81 in Ho Chi Minh City on December 13. The 350-metre tall and 81-storey building is built on the bank of the Saigon River. It is situated in the high-class and multi-functional ecological urban area, Vinhomes Central Park and is […] The post Vingroup begins construction of tallest building in Vietnam appeared first on Vietnam Business News.

Seafood sector: Rays of sunlight in marketplace Posted: 15 Dec 2014 05:56 PM PST The Vietnamese seafood sector has expanded its footprint in the global marketplace, particularly live and frozen shrimp, much to the chagrin of China and Thailand, thanks to their high quality and disease free seafood products. While the traditional leading Asian market sales plummet as a direct result of the EMS breakout earlier this year, the […] The post Seafood sector: Rays of sunlight in marketplace appeared first on Vietnam Business News.

Vietnam, Customs Union to sign FTA in early 2015 Posted: 15 Dec 2014 05:56 PM PST Vietnam's Minister of Industry and Trade Vu Huy Hoang and Minister in charge for Trade of Asia – Europe Economic Committee Andrei A. Slepnhev have signed a joint statement on conclusion of negotiations on the Free Trade Agreement (FTA) between Vietnam and the Customs Union of Russia, Belarus and Kazakhstan. The signing ceremony took place […] The post Vietnam, Customs Union to sign FTA in early 2015 appeared first on Vietnam Business News.

MoU to boost Japanese city investment in Vietnam Posted: 15 Dec 2014 05:55 PM PST Deputy Minister of Planning and Investment Nguyen Van Trung and Japan's Mayor of Hamamatsu city Yasutomo Suzuki on December 15 signed a memorandum of understanding (MoU) with the aim of enhancing the city's investment in Vietnam and boosting cooperation between the two countries. The MoU emphasised the assistance of the two governments in enhancing the […] The post MoU to boost Japanese city investment in Vietnam appeared first on Vietnam Business News.

Vietnam targets 2020 industrial nation status Posted: 15 Dec 2014 05:51 PM PST The industry and trade sector will be restructuring its organisation and operations in line with strategies to ensure national socio-economic development. Prime Minister Nguyen Tan Dung issued Decision 2146/QD-TTg this month, which approved the restructuring plan of the industry and trade sector. This plan will target the industrialisation, modernisation and sustainable development of the sector […] The post Vietnam targets 2020 industrial nation status appeared first on Vietnam Business News.

Starbucks, McDonald’s arrival just a storm through the village Posted: 15 Dec 2014 05:51 PM PST Subway, McDonald’s, Starbucks, KFC, Burger King, Pizza Hut, Dunkin Donuts, Domino’s Pizza, Dairy Queen and Papa John’s are 10 well-known fast food brands around the globe, with thousands of stores and revenue reaching a few billion to tens of billions USD in 2013. Of these, only Papa John’s is absent from Vietnam. Vietnamese consumers, especially […] The post Starbucks, McDonald’s arrival just a storm through the village appeared first on Vietnam Business News.

Vietnam retail market to fully open for foreign firms Posted: 15 Dec 2014 05:50 PM PST The 2015 scheduled establishment of ASEAN Economic Community (AEC) together with the implementation of World Trade Organization (WTO) commitments and other bilateral and multilateral free trade agreements will completely help Vietnam's retail market to go out the restriction, putting local businesses in a face to face competition to foreign giants. After eight years of a […] The post Vietnam retail market to fully open for foreign firms appeared first on Vietnam Business News.

Quang Nam wants to close two gold mines Posted: 15 Dec 2014 05:41 PM PST The Quang Nam provincial People's Council's members have suggesting closing two gold mines in Bong Mieu and Phuoc Son to protect the area's natural resources. The hottest topic discussed at the 12th session of the Quang Nam provincial People's Council meeting on December 11 was the uncooperative attitude of the Canadian Besra Group, owner of […] The post Quang Nam wants to close two gold mines appeared first on Vietnam Business News.

Gov’t to tax sales on Facebook, affecting small shops Posted: 15 Dec 2014 05:40 PM PST The owners of online shops on Facebook say they will close their shops if the Ministry of Finance (MOF) taxes their income. Nguyen Thi Anh runs a street-facing shop on Hai Ba Trung Street in the central area of Hanoi, but also advertises his products on Facebook. Anh admitted that Facebook is a good retail […] The post Gov't to tax sales on Facebook, affecting small shops appeared first on Vietnam Business News.

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