Tuesday, April 21, 2015

The Business Times: Cuba calling for Vietnam firms to come for business

The Business Times: Cuba calling for Vietnam firms to come for business

Link to Vietnam Business News

Cuba calling for Vietnam firms to come for business

Posted: 20 Apr 2015 07:00 PM PDT

Cuban authorities are calling for foreign corporations, including those from Vietnam, to come to Cuba to do business, heard a conference on trade and investment opportunities in Cuba in HCMC last Friday. Cuba will create favorable conditions such as offering tax incentives for foreign investors to do business. At the meeting organized by of the […]

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Ministry stops fining trucks with axle overload

Posted: 20 Apr 2015 07:00 PM PDT

The Ministry of Transport has suspended imposing fines on trucks violating the axle load regulations but those breaking the total load limits are still sanctioned. In Document 4685/BGTVT-VT, the ministry requests the Ministry of Public Security, and the authorities of provinces and cities to instruct law enforcement forces to execute the new decision. Last July, […]

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Incentives offered to lure investors in coach station projects

Posted: 20 Apr 2015 06:57 PM PDT

Individual and institutional investors committed to coach station development projects will be offered a number of incentives, including loan interest support and land rent exemption. The Government has issued a decision assigning local authorities to draw up plans for building coach stations, calling for investors to take part, and offering incentives to make these projects […]

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Enterprises can issue C/O this year

Posted: 20 Apr 2015 06:57 PM PDT

The Ministry of Industry and Trade plans to issue a circular this June showing enterprises how to issue certificates of origin (C/O) for their own goods exported to Laos, Indonesia and the Philippines. At a seminar in HCMC last week on C/O issuance in accordance with the free trade agreements (FTA) in which Vietnam is […]

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ANZ maintains Vietnam growth outlook at 6.5%

Posted: 20 Apr 2015 06:56 PM PDT

ANZ Bank said it maintained its gross domestic product (GDP) growth forecast for Vietnam at 6.5% for both this year and next after the nation recorded positive growth in the first quarter. In a report released last Friday, ANZ said Vietnam's better-than-expected first-quarter growth numbers support its view of a nascent recovery of domestic demand. […]

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FMCG consumption edges up

Posted: 20 Apr 2015 06:55 PM PDT

Consumption of fast-moving consumer goods (FMCG) in Hanoi, Danang, HCMC and Can Tho and rural areas showed signs of recovering in the first quarter of this year, according to market research firm Kantar Worldpanel. The latest report of Kantar Worldpanel shows that in the 12 weeks to March 22, FMCG consumption in the four big […]

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PV Gas shareholders approve VND7 trillion investments this year

Posted: 20 Apr 2015 06:55 PM PDT

Almost all shareholders at the annual general meeting of PetroVietnam Gas Joint Stock Corporation (PV Gas) last Friday approved a plan to invest a combined VND7 trillion (US$325.5 million) in 30 major projects this year. Among these projects are the first phase of the Nam Con Son 2 gas pipeline project in Ba Ria-Vung Tau […]

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Eximbank wins Best Trade Finance Bank award

Posted: 20 Apr 2015 03:00 PM PDT

Vietnam Export Import Commercial Joint Stock Bank (Eximbank) received the Best Trade Finance Bank in Vietnam award from The Asian Banker magazine in Hong Kong on April 14, marking the second time The Asian Banker has granted awards to Eximbank. In May 2013, The Asian Banker granted the Best Managed Bank in Vietnam 2013 award […]

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