The Business Times: Foreign securities firms get go-ahead

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• Foreign securities firms get go-ahead
• Vietnam Airlines’ first A350 XWB near completion
• Hongkong Land, Sumitomo back out of Vietnam ‘golden’ property project
• Coffee hoarding: Vietnamese speculators pressure global robusta deficit
• Markets down as foreign investors sell more shares
• Industrial output up 12% in early 2015
• Hanoi businesses explore pros and cons of US market
• Samsung tops 500 fastest growing firms
• Vietnam seeks to tax e-commerce, Facebook retailers
• E-commerce sector to expand in 2015: experts

Foreign securities firms get go-ahead Posted: 10 Mar 2015 02:52 AM PDT Foreign investors may wholly own securities and fund management companies in Vietnam from this year, Deputy Minister of Finance Tran Xuan Ha stated at a recent conference. The Ministry of Finance (MoF) is hurrily drafting new policies to promote the stock market and attract more foreign capital, Ha said. Acknowledging the expansion of foreign ownership […] The post Foreign securities firms get go-ahead appeared first on Vietnam Business News.

Vietnam Airlines’ first A350 XWB near completion Posted: 10 Mar 2015 02:51 AM PDT The first Airbus A350 XWB aircraft for Vietnam Airlines rolled out of the body paint shop in Toulouse, France on March 6, featuring a polished blue exterior and the signature golden lotus flower on the tail. The airplane has entered the final stages of construction as its engines are to be fitted and the interior […] The post Vietnam Airlines' first A350 XWB near completion appeared first on Vietnam Business News.

Hongkong Land, Sumitomo back out of Vietnam ‘golden’ property project Posted: 10 Mar 2015 02:50 AM PDT Authorities in Ho Chi Minh City have allowed UK-owned Hongkong Land and Japan’s Sumitomo Realty & Development to withdraw from a coveted property project at one of the best locations in the city downtown. Local media reported on March 5 that it is unclear why the companies wanted to quit the US$331.3-million-plus project, less than two years […] The post Hongkong Land, Sumitomo back out of Vietnam 'golden' property project appeared first on Vietnam Business News.

Coffee hoarding: Vietnamese speculators pressure global robusta deficit Posted: 10 Mar 2015 02:47 AM PDT Vietnamese speculators are stashing away bags and bags of robusta, a caffeine-rich bean used in instant coffee and blends. The hoarding, the scale of which traders have never seen before, has cut exports and threatens to deepen a global deficit. People in the market say that in recent weeks speculators – ranging from traders in […] The post Coffee hoarding: Vietnamese speculators pressure global robusta deficit appeared first on Vietnam Business News.

Markets down as foreign investors sell more shares Posted: 10 Mar 2015 02:47 AM PDT Both northern and southern shares ended in red after the trading session closed on March 9. Foreign investors remained net sellers. They sold a total of more than four million shares, worth VND112 billion (US$5.3 million), an increase of 7.02 percent in Hanoi over the last trading session and 1.02 percent in Ho Chi Minh […] The post Markets down as foreign investors sell more shares appeared first on Vietnam Business News.

Industrial output up 12% in early 2015 Posted: 10 Mar 2015 02:46 AM PDT Annual Vietnamese factory production increased 12% within the first two months of 2015, according to the Ministry of Industry and Trade. Increased output was seen in nearly all sectors; the processing-manufacturing and electricity generation-distribution sectors grew between 12%-14% from the same period last year. Notably, seafood processing recorded a production growth of almost 21%. February […] The post Industrial output up 12% in early 2015 appeared first on Vietnam Business News.

Hanoi businesses explore pros and cons of US market Posted: 10 Mar 2015 02:45 AM PDT Business opportunities in the US alongside potential challenges were the main focus of a workshop in Hanoi on March 9 which aimed to get Hanoi businesses prepared for the Trans-Pacific Partnership (TPP) agreement. According to former Deputy Chairman of the Hanoi Young Entrepreneur Association (HYEA), Dang Duc Dung, the TPP will assist Vietnamese businesses in […] The post Hanoi businesses explore pros and cons of US market appeared first on Vietnam Business News.

Samsung tops 500 fastest growing firms Posted: 10 Mar 2015 02:44 AM PDT The Vietnam Report and VietnamNet on March 9 released the FAST500 ranking list 2015 for the top-500 fastest growing firms in the country with Samsung Electronics Vietnam Co. Ltd taking the first place. It was followed by Vietnam Electricity (EVN), Vietnam National Coal-Mineral Industries Holding Corporation Limited and Vung Ang Oil and Gas Petroleum JSC […] The post Samsung tops 500 fastest growing firms appeared first on Vietnam Business News.

Vietnam seeks to tax e-commerce, Facebook retailers Posted: 09 Mar 2015 11:52 AM PDT A draft circular that envisages requiring online retailers to register with the ministry and pay taxes has drawn mixed reviews. The Ministry of Industry and Trade circular would require e-commerce and social media site retailers to register their transactions in order to facilitate the collection of taxes, starting on January 20, 2015. The regulation attracted broad […] The post Vietnam seeks to tax e-commerce, Facebook retailers appeared first on Vietnam Business News.

E-commerce sector to expand in 2015: experts Posted: 09 Mar 2015 09:52 AM PDT The e-commerce market this year is expected to continue its robust development, especially in the business-to-customer segment. In an interview with Vietnam News, the CEO of Lazada.vn, Alexandre Dardy, said the “potential of e-commerce in Vietnam is limitless.” He attributed the growth to the country’s young population and the growth of internet and smartphone penetration. The country’s […] The post E-commerce sector to expand in 2015: experts appeared first on Vietnam Business News.

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