The Business Times: Organic Produce Becoming Popular, Lucrative

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• Organic Produce Becoming Popular, Lucrative
• Foreign developers cause property market surge
• CIEM: Economic Growth to Post 6.17 Percent in QII
• Cashew from the heart to the world
• Local banks queue up for bourse listing
• Vietnam real estate firms want ‘unfair’ tax policy scrapped
• VAFI urges government to divest large beverage firms
• Ministry sees export market growing
• Mining sector buried in taxes
• Vietnamese banks catching up with regional peers in service quality

Organic Produce Becoming Popular, Lucrative Posted: 16 May 2016 05:10 PM PDT Demand for organic farm produce has increased significantly both in Vietnam and globally, and this offers good prospects for businesses investing in the field, a seminar heard in Ho Chi Minh City on May 12. Wouter Van Ravenhorst from Control Union, an international inspection and certification agency, said demand for organic food in the US The post Organic Produce Becoming Popular, Lucrative appeared first on Vietnam Business News.

Foreign developers cause property market surge Posted: 16 May 2016 04:14 AM PDT Phnom Penh's turbocharged property market saw a significant increase in developer activity over the first quarter of this year, with a total of $1.65 billion invested in construction, compared to $448 million in the same period a year ago.The figures come from CBRE's latest survey of Phnom Penh's property market. The survey states that the The post Foreign developers cause property market surge appeared first on Vietnam Business News.

CIEM: Economic Growth to Post 6.17 Percent in QII Posted: 16 May 2016 03:10 AM PDT Vietnam's economic growth is forecast to expand 6.17 percent in the second quarter of this year, said the Central Institute for Economic Management (CIEM). The CIEM's latest research forecasts that the inflation rate will rise by 0.73 percent against the first quarter's figure, export growth will reach 8.02 percent, and trade deficit will be 420 The post CIEM: Economic Growth to Post 6.17 Percent in QII appeared first on Vietnam Business News.

Cashew from the heart to the world Posted: 16 May 2016 02:15 AM PDT According to the Vietnam Cashew Association and the General Department of Customs, 2015 is the 10th consecutive year that Vietnam holds a leading position in exporting cashew. With an export turnover of more than $2.4 billion, signifying an increase of 8.7 per cent in volume and 20 per cent in value over the previous year, The post Cashew from the heart to the world appeared first on Vietnam Business News.

Local banks queue up for bourse listing Posted: 16 May 2016 02:15 AM PDT The state has urged local banks to list on the stock exchanges in a bid to reform the banking sector Photo: Le Toan At recent annual general meetings, various Vietnamese banks have announced plans to trade on the unlisted public company market (UPCoM). The long list includes VPBank, OCB, Maritime Bank, Kienlong Bank, VIB and The post Local banks queue up for bourse listing appeared first on Vietnam Business News.

Vietnam real estate firms want ‘unfair’ tax policy scrapped Posted: 16 May 2016 02:15 AM PDT Apartment buildings in Ho Chi Minh City. Photo: Diep Duc Minh/Thanh Nien Now that they are again making profits following the recovery in the market, many real estate companies are calling for the scrapping of a tax provision they describe as “unfair” and “discriminating.” They are unhappy about the rule that prohibits them from offsetting The post Vietnam real estate firms want ‘unfair’ tax policy scrapped appeared first on Vietnam Business News.

VAFI urges government to divest large beverage firms Posted: 16 May 2016 02:15 AM PDT Beer products of Habeco. The Government should divest Habeco and Sabeco, the two largest beverage companies, VAFI said. – Photo vietnamfinance.vn In its proposal to the Government, VAFI said the Ministry of Industry and Trade, representing the State ownership, should sell its stake holding in Saigon Beer-Alcohol-Beverage Joint Stock Corporation (Sabeco) and Hanoi Beer-Alcohol-Beverage Joint The post VAFI urges government to divest large beverage firms appeared first on Vietnam Business News.

Ministry sees export market growing Posted: 16 May 2016 02:15 AM PDT Speaking at the launch of the report, Ty Sokhun, secretary of state at the ministry, said the Kingdom's total agricultural production had been projected to grow by 5 per cent last year, but ended up down by 1 per cent. He said despite a decline in output, production yields – deemed critical to the sector's The post Ministry sees export market growing appeared first on Vietnam Business News.

Mining sector buried in taxes Posted: 16 May 2016 02:14 AM PDT "The fundamental concept in business is high risk leads to high reward, however tax policies in Cambodia don't reward risk-taking in the mining business," Rajeev Moudgil, director of Mesco Gold (Cambodia) Ltd, said yesterday. "We have requested that the government . . . recast tax policies to attract investment." He said it was important to The post Mining sector buried in taxes appeared first on Vietnam Business News.

Vietnamese banks catching up with regional peers in service quality Posted: 16 May 2016 02:14 AM PDT Nguyen Thi Hong "I am very happy to see that this year, Vietnamese banks appear in many more categories than in the previous years. This shows that Vietnam's banking sector is making big steps to catch up with that of other countries in the region," Hong said in her speech addressing the ceremony. "That Vietnamese The post Vietnamese banks catching up with regional peers in service quality appeared first on Vietnam Business News.

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