Friday, March 20, 2015

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

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

Link to Vietnam Business News

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 […]

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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 […]

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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, […]

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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 […]

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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 […]

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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 […]

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