The Business Times: Nutifood starts work on dairy factory in north

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• Nutifood starts work on dairy factory in north
• Vingroup may buy into VEFAC
• Vietnam, Australia enhance comprehensive partnership
• No Government guarantees for finance organizations possible
• Travel firms downbeat about business on upcoming holidays
• Rice prices drop in delta before delivery to Philippines

Nutifood starts work on dairy factory in north Posted: 19 Mar 2015 09:54 PM PDT Nutrition and dairy processing company NutiFood Vietnam on March 18 broke ground for a dairy factory at Kien Khe Industrial Park in the northern province of Ha Nam. The VND1.6 trillion (US$74.3 million) facility covers 10 hectares and has an annual designed capacity of 200 million liters of milk and 31,000 tons of powdered dairy products. The […] The post Nutifood starts work on dairy factory in north appeared first on Vietnam Business News.

Vingroup may buy into VEFAC Posted: 19 Mar 2015 09:23 PM PDT Vietnam Exhibition Fair Center One Member Company Limited (VEFAC) plans to sell 80% of its shares to strategic investor Vingroup and the remaining shares will be offered at its initial public offering (IPO) tomorrow, the local news site VnExpress reports. According to the Hanoi Stock Exchange, 29 investors have registered to buy 620,500 shares of […] The post Vingroup may buy into VEFAC appeared first on Vietnam Business News.

Vietnam, Australia enhance comprehensive partnership Posted: 19 Mar 2015 09:11 PM PDT Vietnamese Prime Minister Nguyen Tan Dung and his Australian counterpart Tony Abbott agreed to deepen and intensify the existing comprehensive partnership, reflecting the increasingly strategic nature of the bilateral relationship between the two nations. During on March 18's talks, both sides discussed a wide range of high-priority areas, including trade, investment, education, development assistance, defense, […] The post Vietnam, Australia enhance comprehensive partnership appeared first on Vietnam Business News.

No Government guarantees for finance organizations possible Posted: 19 Mar 2015 09:10 PM PDT The Ministry of Finance is considering lifting Government guarantees for finance and credit institutions as part of a scheme to cope with the public debt issue. The Government still provides credit guarantees for enterprises in all economic sectors, especially the State sector, finance and credit institutions, and policy banks like Vietnam Bank for Social Policies […] The post No Government guarantees for finance organizations possible appeared first on Vietnam Business News.

Travel firms downbeat about business on upcoming holidays Posted: 19 Mar 2015 09:09 PM PDT Local travel companies are looking to modest growth in tour bookings during the upcoming holidays of Hung Kings' death anniversary, Reunification Day, and International Labor Day from late April till early May. Travel firms agreed that predicting the buying power for the upcoming holidays is not easy but they projected the number of guests booking […] The post Travel firms downbeat about business on upcoming holidays appeared first on Vietnam Business News.

Rice prices drop in delta before delivery to Philippines Posted: 19 Mar 2015 09:09 PM PDT Prices of unprocessed rice and paddy in the Mekong Delta have fallen although the nation's rice stockpiling scheme for the winter-spring crop has not ended and Vietnam will be delivering rice to the Philippines at the end of this month. Rice export firms in the region now buy fresh IR 50404 paddy (unhusked rice) at […] The post Rice prices drop in delta before delivery to Philippines appeared first on Vietnam Business News.

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