The Business Times: Vietnam tops global outsourcing market for first time: study

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• Vietnam tops global outsourcing market for first time: study
• Vietnam to launch 4G services in 2016: deputy minister
• P&G starts work on $100mn Gillette plant in Vietnam
• As Vietnam struggles to attract foreign tourists, more Vietnamese take overseas trips
• Salt producers count their losses
• Can Tho City seeks Japanese investment
• Indian firm to build Mekong power plant
• Thai imports to grow in local car market
• Retail, service sectors post encouraging growth in Q1
• Getting ready for the ASEAN Community

Vietnam tops global outsourcing market for first time: study Posted: 30 Mar 2015 06:35 PM PDT Vietnam has become the world's top outsourcing destination for the first time in terms of costs, risks, and operational conditions, according to a new study released this week by global real estate adviser Cushman & Wakefield (C&W). Newswire Vietnamplus reported Wednesday that the Southeast Asian country took first place in the C&W ranking, unveiled on […] The post Vietnam tops global outsourcing market for first time: study appeared first on Vietnam Business News.

Vietnam to launch 4G services in 2016: deputy minister Posted: 30 Mar 2015 06:33 PM PDT Vietnam will license its mobile network operators to offer services using the fourth generation of mobile telecommunications technology next year, the country's deputy minister of information and communications said Thursday. The Southeast Asian country has been piloting the 4G technology since 2010 and yielded positive results, so the year 2016 will see its official launch, […] The post Vietnam to launch 4G services in 2016: deputy minister appeared first on Vietnam Business News.

P&G starts work on $100mn Gillette plant in Vietnam Posted: 30 Mar 2015 06:33 PM PDT U.S.-based Procter & Gamble on Thursday broke ground on a US$100 million razor plant in southern Vietnam to mark its 20thanniversary of operating in the Southeast Asian country. The eight-hectare Gillette facility is located in the Vietnam-Singapore Industrial Park II in Binh Duong Province, and is expected to generate more than 300 jobs upon completion, […] The post P&G starts work on $100mn Gillette plant in Vietnam appeared first on Vietnam Business News.

As Vietnam struggles to attract foreign tourists, more Vietnamese take overseas trips Posted: 30 Mar 2015 06:32 PM PDT While Vietnam has been losing its tourism appeal to holidaymakers worldwide, tourists from the Southeast Asian country are valued customers of many tour organizers in other countries as they are willing to pay for overseas trips. Around five million Vietnamese people spent their holidays outside the country last year, a healthy growth rate of up […] The post As Vietnam struggles to attract foreign tourists, more Vietnamese take overseas trips appeared first on Vietnam Business News.

Salt producers count their losses Posted: 30 Mar 2015 06:29 PM PDT Salt producers in coastal Mekong Delta provinces have incurred losses since salt prices have gone plummeted in the past month. In Bac Lieu Province, the delta’s main producer, prices have gone down from VND1,200 per kilogramme around two months ago to VND700 – VND800 now. Huynh Van Dau, a producer in Hoa Binh District’s Vinh […] The post Salt producers count their losses appeared first on Vietnam Business News.

Can Tho City seeks Japanese investment Posted: 30 Mar 2015 06:29 PM PDT Officials in Cuu Long (Mekong) Delta city of Can Tho have asked Japanese invest-ors to fund seven local projects. The projects include making agricultural equipment, as well as developing high-tech agricultural areas and fishery centres. The city made the request during a working session between municipal leaders and representatives from Tokyo University, as well as […] The post Can Tho City seeks Japanese investment appeared first on Vietnam Business News.

Indian firm to build Mekong power plant Posted: 30 Mar 2015 06:28 PM PDT The Tata Power Group from India has proposed to invest in the Long Phu 3 thermal power plant in the Cuu Long (Mekong) Delta province of Soc Trang. This was reported on the province’s official website soctrang.gov.vn. Earlier, Tata Power had been granted approval by the Government to build the Long Phu 2 thermal power […] The post Indian firm to build Mekong power plant appeared first on Vietnam Business News.

Thai imports to grow in local car market Posted: 30 Mar 2015 06:28 PM PDT Cars made in Thailand are expected to flood Viet Nam in the future as their sales have been increasing in the domestic market in recent times, reports online news vietnamnet.vn. At the Bangkok Motor Show 2015 held recently, Thai automobile makers introduced about 10 models that will be exported to Viet Nam this year. Four […] The post Thai imports to grow in local car market appeared first on Vietnam Business News.

Retail, service sectors post encouraging growth in Q1 Posted: 30 Mar 2015 06:27 PM PDT The total retail sales and service revenue earned in the first quarter this year was VND790.8 trillion (US$37.13 billion), according to data from the General Statistics Office (GSO). The figure represents a 10 per cent year-on-year rise, GSO said, adding that the increase would be 9.2 per cent if inflation was excluded. The increase, however, […] The post Retail, service sectors post encouraging growth in Q1 appeared first on Vietnam Business News.

Getting ready for the ASEAN Community Posted: 30 Mar 2015 06:26 PM PDT Tax-related policies are among key measures the Government has taken to improve the business community’s capacity to cope with competition when the ASEAN Economic Community (AEC) begins operations late this year. The establishment of the AEC provides both opportunities and challenges for Viet Nam’s business community. It will help Viet Nam expand markets, but at […] The post Getting ready for the ASEAN Community appeared first on Vietnam Business News.

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