Business

Update news Business

“Vietnamese enterprises inefficient to do official trade with China”

Given that “the majority of Vietnamese enterprises fail to meet the official trade relations,” Mr. Wei Zi Shen, Trade Consul of the Chinese Consulate General in HCM City assured that border  trade is "the policy of China to help Vietnam".

Business difficulties likely to continue

Enterprises believe the business climate will be difficult again this year and most of them are content to just survive rather than expand.

BUSINESS IN BRIEF 21/4

Trade deficit hits US$547 million in March; Bilateral trade with India up 40.2pct; Challenges for Vietnamese exports; Instalment plans take advantage of Vietnamese consumers; Up-market housing remains empty

BUSINESS IN BRIEF 20/4

 Double textile export to U.S. in sight; Firms seek diversification for tra fish exports; Rice prices fall despite successful bid for export; HCM City calls for investments into Thu Thiem

BUSINESS IN BRIEF 14/4

Q2 rice exports forecast to grow; FDI capital on rise in HCMC; Vietnam parboiled rice has price advantage; Bad debt in Vietnam reaches alarming rates; Air-con prices up 15% given ballooning demand

BUSINESS IN BRIEF 10/4

Bulk FDI inflow fosters electronics export growth; Proper policies needed to attract Japanese investors; Vietnam export promises robust growth: HSBC; Office workers moonlight during difficult times

BUSINESS IN BRIEF 1/4

Sugar firms allowed exporting surplus inventory; Limited VAT incentives for border gate traders; Resorts suffering from Ke Ga Port to be compensated; Pay TV assoc. attacks Viettel cable TV plan

BUSINESS IN BRIEF 27/3

Japan committed US$2 billion ODA to Vietnam; Fishery sector aims for stronger capacity; Consumers encouraged to buy local products; Central coast focuses on tourism development

BUSINESS IN BRIEF 26/3

S’pore investor sells golf course stake to local partner; HCM City calls for investors into wastewater project; Handicraft exports to hit US$1.6 bln in 2013; RoK, Japan to build a thermal power plant in Vietnam

BUSINESS IN BRIEF 20/3

Printing company forced to shut up shop; Tech firm shares suspended after losses; Company reprimanded for late disclosure; Rubber firm breaks VND3 trillion mark; Land price evaluation needs support

Maintaining VAT tax incentives to support businesses

VietNamNet Bridge - Reasoning economic difficulty, the National Assembly on March 18 agreed not to reduce the number of groups of goods that are entitled to the value added tax rate (VAT) of 0% and 5%.

BUSINESS IN BRIEF 14/3

Kien Giang pulls plug on projects; Investor punished for manipulation; Investors favour Treasury bonds; Packing company seeks to delist; Draft decree on derivatives; An Binh Bank sells treasury stocks

BUSINESS IN BRIEF 9/3

Sectional interest groups face public criticism; Obstacles to competitive electricity market; Hong Kong investors want to take over Lai Vu IP; SBV sure on thinner global-local gold price gap

BUSINESS IN BRIEF 6/3

Vietnam-Myanmar trade up 40 percent; Kazakhstan-Ho Chi Minh City air route opens; Smuggled sturgeon fish from China floods markets in Vietnam; Rice prices unlikely to rise further: traders

BUSINESS IN BRIEF 2/3

Curb on licences for titanium exploitation; Foreign investment in healthcare sector stagnant; Ministry to oversee tax on used car imports; Vietnam partners with India in biotechnology

BUSINESS IN BRIEF 28/2

Drought to be severe this year, meteorologist; Vietnam-Laos highway inaugurated; SBV affirms abundance of foreign currencies; Businesses close for post-Tet prayers; Companies face fines for late salary payment

BUSINESS IN BRIEF 26/2

Coffee ambassador to be selected; Ha Long Bay – a lifetime must-go destination; Farm produce exports up 31.5 percent; FDI disbursement hits over US$1 bln; Garment businesses see bright signs in export

BUSINESS IN BRIEF 23/2

Credit growth negative for last two months; Economy faces risk of further lagging; VND800 bil. for Truc Lam Yen Tu; Fuel firms still reporting losses; Petrolimex speeds up restructuring

BUSINESS IN BRIEF 22/2

January sees better auto sales; Experts: More foreign capital to flow this year; Seafood exports down in Q1; Russia, VN eye $7b in trade; Leading developer posts falling profit

BUSINESS IN BRIEF 21/2

 Seafood exports down in Q1; Wood processing plant built in Nghe An; Haiti media hails Viettel’s contributions; Japan’s Aeon expands operation in Vietnam; High expectations for FDI attraction