The Business Times: How much are airports really worth?

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• How much are airports really worth?
• Binh Duong FDI attraction hits US$180 million over two months
• Electricity prices to rise 7.5% from mid-March
• Lotte keen on billion-dollar project in Thu Thiem
• U.S. lowers anti-dumping tariffs on VN shrimp
• Mekong Delta bemoans rice storage quotas
• Singapore biggest foreign investor in HCMC
• VCCI wants local labor more competitive
• VN-Index hits 600 points
• Two local banks among world’s most valuable banking brands

How much are airports really worth? Posted: 05 Mar 2015 06:49 PM PST The Ministry of Transport (MOT) has announced it is offering concessions to investors in Phu Quoc airport and part of Noi Bai airport in an aim to attract capital for other airport projects. But it is still unclear how the airports' worth should be assessed before they are transferred to private investors. Experts have warned […] The post How much are airports really worth? appeared first on Vietnam Business News.

Binh Duong FDI attraction hits US$180 million over two months Posted: 05 Mar 2015 06:46 PM PST The southern province of Binh Duong attracted nearly US$180 million in foreign direct investment (FDI) from 20 new and 16 expanded projects in the first two months of this year. According to the provincial Department of Statistics, most of the FDI capital was poured into industrial production during the reviewed period. Omexay Industrial Rubber JSC […] The post Binh Duong FDI attraction hits US$180 million over two months appeared first on Vietnam Business News.

Electricity prices to rise 7.5% from mid-March Posted: 05 Mar 2015 06:45 PM PST Electricity prices will be increased by 7.5% to an average of VND1,622.05 per kWh from March 16, as approved by Prime Minister Nguyen Tan Dung at a Government meeting in Hanoi on March 5. The Cabinet leader, his deputies, and the Ministers of Industry and Trade, Planning and Investment, and Finance agreed on the rise […] The post Electricity prices to rise 7.5% from mid-March appeared first on Vietnam Business News.

Lotte keen on billion-dollar project in Thu Thiem Posted: 05 Mar 2015 06:37 PM PST South Korea's Lotte Group is moving on with a US$2-billion property complex in HCMC's District 2 while exploring investment opportunities in other sectors in the city, the group's chairman Shin Dong Bin said. Lotte will cooperate with Japanese giants including Mitsubishi and Toshiba to develop the Eco Smart City project in Thu Thiem new urban […] The post Lotte keen on billion-dollar project in Thu Thiem appeared first on Vietnam Business News.

U.S. lowers anti-dumping tariffs on VN shrimp Posted: 05 Mar 2015 06:36 PM PST The U.S. Department of Commerce (DOC) announced preliminary anti-dumping duty results of the ninth period of review (POR9) on frozen shrimp from Vietnam, with the average tariff down to around 1%, over five percentage points lower than POR8. Of 56 seafood companies subject to DOC's anti-dumping duty administrative review from February 1, 2013 to January […] The post U.S. lowers anti-dumping tariffs on VN shrimp appeared first on Vietnam Business News.

Mekong Delta bemoans rice storage quotas Posted: 05 Mar 2015 06:35 PM PST Many localities in the Mekong Delta have objected to a quota plan announced by the Vietnam Food Association (VFA) for one million tons of rice in the winter-spring crop to be bought for storage as approved by the Government. According to Huynh The Nang, VFA vice chairman and general director of Vietnam Southern Food Corporation […] The post Mekong Delta bemoans rice storage quotas appeared first on Vietnam Business News.

Singapore biggest foreign investor in HCMC Posted: 05 Mar 2015 06:35 PM PST Singapore has become the biggest foreign investor in HCMC with 719 operational projects worth nearly US$8.22 billion, according to a report on foreign direct investment (FDI) in the city. The updated report of the city's government on FDI approvals last year showed that Singapore is followed by Malaysia, Britain, South Korea and Japan. There are […] The post Singapore biggest foreign investor in HCMC appeared first on Vietnam Business News.

VCCI wants local labor more competitive Posted: 05 Mar 2015 06:34 PM PST The Vietnam Chamber of Commerce and Industry (VCCI) will conduct an annual in-depth report on the quality of domestic labor with the participation of employers in an effort to improve the competitiveness of local manpower. Vietnam is in the process of economic restructuring with a focus on three main pillars: institutional reform, infrastructure development and […] The post VCCI wants local labor more competitive appeared first on Vietnam Business News.

VN-Index hits 600 points Posted: 05 Mar 2015 06:33 PM PST Despite selloffs in heavyweights MSN and VIC, petroleum and securities groups fueled the local market's rally yesterday, with the VN-Index rising 0.62% against the previous session to close at 600.39. Liquidity rose slightly on the Hochiminh Stock Exchange as trading volume surged 6.8% to around 120.5 million shares worth over VND2 trillion (US$95.9 million), up […] The post VN-Index hits 600 points appeared first on Vietnam Business News.

Two local banks among world’s most valuable banking brands Posted: 05 Mar 2015 06:32 PM PST The Vietnam Bank for Industry and Trade (VietinBank) and the Bank for Foreign Trade of Vietnam (Vietcombank) have been listed among the world's 500 most valuable banking brands of 2015 by the consulting agency Brand Finance, the local news site VnExpress reports. VietinBank valued at US$197 million ranks 437th on the list (rating A) and […] The post Two local banks among world's most valuable banking brands appeared first on Vietnam Business News.

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