Vietnamnet.vn
capital
Update news capital
More and more big guys in the world have announced their direct investments in Vietnam, which, in the eyes of analysts, shows that foreign investors have confidence on the prosperity of the Vietnam’s economy.
BUSINESS IN BRIEF 30/4
Vung Tau to host Int'l Seaports Festival; Geographical indications safeguard local trademarks; EU says will welcome Vietnam’s GI goods; Vietnam’s digital content market fetches US$1.3 billion
Vietnamese businesses find it hard to break into “Myanmar gold mine”
The expensive offices for rent, the poor infrastructure
and the cutthroat competition in Myanmar have all put big difficulties for the
Vietnamese enterprises to squeeze into the Myanmar market.
BUSINESS IN BRIEF 25/4
Russian firm approved for a car and bus plant; Talks on FTA with EU hit snags; Highway to project completion; Supporting industry needs to muscle up; $7bn power plan faces short circuiting
Lotte cherishes ambitious business plan in Vietnam
The merger and acquisition (M&A) deals Lotte concluded
recently shows its ambitious investment plan in Vietnam.
Big guys try to transfer property projects to stop loss
The HCM City in the first quarter of 2013 witnessed 4
high-rise building project transfer deals worth $600 million, according to CBRE,
a real estate service provider.
The moves to be taken by Viettel when playing pay-TV games
Viettel, one of the three biggest telecom groups in
Vietnam, holds for certain the “admission ticket” to the pay-TV market. What
will it do to compete with the existing experienced content service providers?
Vietnam plans to strengthen post-licensing control to heighten FDI quality
Vietnam believes that it’s now the right time to shift
from the pre-licensing to post-licensing inspection over foreign invested
projects to improve the foreign direct investment (FDI) quality.
BUSINESS IN BRIEF 7/4
Foreign investor decree clarified; Fuel hike to drive up fares; Businesses turn to black market for capital; Socio-economic picture in first quarter; Vietnam turns sci-tech into key driving force
NFSC say interest rates can be dumped further to 10 percent
NFSC has said
he can see the possibility of slashing the ceiling deposit interest rate further
to 7 percent, thus paving the way for the lending interest rate reduction to 10
percent per annum.
Manufacturers to die gradually on the policy on motorbike restriction
Motorbike manufacturers have got numbed on the information
that the government of Vietnam would restrict the number of motorbikes in
circulation.
VND30 trillion credit package can rescue real estate market?
Doubts have been raised whether if the VND30 trillion
package can save the sinking real estate market. VND30 trillion is believed to
be just a “grain of salt in the ocean.”
Medical waste may be brought from the central to the south for treatment
Local authorities all stated they would allocate budgets
for building medical waste incinerators. However, medical waste still has not
been treated.
MPI, local authorities disagree on decentralization mechanism
MPI believes that it’s not the right time to apply the decentralization mechanism in
licensing foreign direct investment (FDI) projects.
The absurd multi-billion dong projects
A lot of projects with the estimated investment capital
of tens or hundreds of billions of dong have been proposed, while people have to
think twice before spending any dong.
Laws create the bans, but don’t stipulate punishments
The Enterprise Law and relating laws stipulate that
enterprises must not use the same names registered before by other enterprises.
However, it does not mention how to punish the violators.
Lacking capital, businesses look daggers at SCIC
If the State Capital Investment Corporation (SCIC) only
does the simple work of depositing the state’s money at banks for profit, it
would be better for it to get dissolved.
SOEs’ bad debt a threat to public debt payment
The government would have to come forward to make payment
for the debts incurred by state owned enterprises (SOEs), which would be a
threat to the national economy.
Higher foreign ownership ratio will help IPO shares to be salable
Analysts have warned about the possible oversupply of
shares when a series of equitized enterprises would make IPO.
As fortunate as SCIC
Deposit interests and dividends were the two main sources
of income for the State Capital Investment Corporation (SCIC).
