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VietNamNet Bridge – A lot of information systems built and developed for local use, have become waste since they cannot be integrated into the national information systems.
Vietnam International Business Centre debuts; Vietnam to import 600,000 tonnes of cotton in 2013; Local milk exported to 26 countries; Vietnam expects to get more ODA from EU
India imports more tra fish from Vietnam; Vietnam-Singapore trade turnover picks up; Two localities promote investment in the RoK; Halong-Fangchenggang cruise route back in service
Mobile phone exports target US$20 billion; MoF examines ways to restructure tax debt; Vietnam elected to WIPO budget committee; Businesses seek to penetrate UAE
VietNamNet Bridge – Officials of the Department of Planning and Investment of HCM City said that in the January-August period of 2013, more than 4,700 businesses in the city resumed business registration.
VietNamNet Bridge – The National Wage Council has agreed to the plan on raising the regional minimum wage from 2014 by VND250,000-400,000, or 15-17 percent. This has caused a big headache to both businesses and workers.
Local companies need x-factor to hit Indonesian market; Food processing industry given financial support; Can Tho eyes hi-tech incubator; August trade surplus hits US$176m
Mekong Delta looks to capitalise on tra fish; Binh Duong attracts property developers; Trade disputes up alongside economic integration; Market hot as fire sales spread
VietNamNet Bridge – The delay in refunding VAT to enterprises has pushed a lot of them to death.
VietNamNet Bridge – There has been no success story about the secondary franchising in Vietnam, according to experts.
Nestlé Vietnam has reported accumulative losses since officially beginning operations in Vietnam 18 years ago, despite their strong market presence and rampant investment expansion.
Consumer goods producers fare well; Plastic exports continue to rise; Exporters eager to follow Phu Quoc; Vietnamese market falls back in world index; One in, one out on HCM City exchange
VietNamNet Bridge – Investing in seaports and hydropower plants is believed to be the business fields which can bring superprofit to huge investors. However, the projects are really the huge “money hungry machines.”
More firms approved to use fast track customs service; 5.5% GDP target within reach?; Crunch time for manufacturers in July; Enterprises in difficulty despite intervention
The value of M&A deals in 2013 is forecast to be at some $4 billion, lower than the record level made in 2012. However, experts believe the M&A market would continue rising with the average growth rate of 25-30 percent per annum.
VietNamNet Bridge – The personal information of hundreds of thousands of businesses and businessmen has been offered for sale on Internet for just VND700,000.
VietNamNet Bridge – A lot of businesses which cannot declare bankruptcy, have become the “zombies” which operate under disguised marks, cheat partners and evade tax.
VietNamNet Bridge – A lot of businesses say they have to borrow money from commercial banks to pay to workers.
ADB-funded project brings power to Lai Chau province; Strong growth forecast for high-tech export sector; Local products get thumbs up; Sai Gon Co.op opens supermarket
The pressure on the banking system has been eased once the bad debts are on the decrease. However, bankers themselves admitted that their worries still have not been lifted.