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Update news estate

VietNamNet Bridge – “East European group” refers to the group of Vietnamese businessmen starting up in East European countries and developing their business in Vietnam.

BUSINESS IN BRIEF 8/11

Footwear exports aim for US$8 billion; ÆON Japan invests in Vietnam;  Businesses suggest tax, customs overhaul; FDI up 65.5% in 10 months; Hanoi to host 28th Asian Advertising Congress

BUSINESS IN BRIEF 6/11

 Bailout disbursed in dribs and drabs into real estate; SBV puts forward plan to increase lending given low credit growth; Vietnam Airlines to sell 2.7pct stake in Techcombank; Gov’t asked to contain inflation to attract more investors

BUSINESS IN BRIEF 3/11

 VN Airlines to sell 2.7% stake in bank; Vietnam enjoys 26% surge in export to Canada; Promotion month launched in Hanoi; Investors concerned about corruption in Vietnam; PM opens up to world credit ratings

BUSINESS IN BRIEF 25/10

 Dong Nai attracts US$830 million in FDI; Vietnam seals Philippines rice contracts; Vietnam attends global auditors congress in China; Promoting Vietnamese trademarks

BUSINESS IN BRIEF 2/10

 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

BUSINESS IN BRIEF 1/10

 Ornamental fish make profit splash; Car makers take early imports turn; Rubber exports hit $1.68b in first 9 months of 2013; Agro-forestry-fishery exports outstrip $20b mark

BUSINESS IN BRIEF 27/9

 Agro-forestry, seafood exports earn US$20.45 billion in 9 months; Garment sector lacking in material input; Viet Kieu car imports must clear customs

Buying debts enables foreigners entering VN property market

 VietNamNet Bridge – Why are the Vietnamese debts so attractive to foreigners? The answer is that 70 percent of the debts have been mortgaged by real estate products.

BUSINESS IN BRIEF 20/9

 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

Real estate market opens widely, but foreigners may not enter

 VietNamNet Bridge – The Ministry of Construction’s idea of allowing foreigners to buy houses in Vietnam may not help warm up the frozen real estate market, because foreigners may not intend to buy houses once they are too expensive.

BUSINESS IN BRIEF 2/8

Japanese designer chosen for hi-tech healthcare park; More exporters turn to e-commerce; Shell Viet Nam launches new oil; Shell Viet Nam launches new oil; Over 240,000 tonnes of rice shipped abroad in July

BUSINESS IN BRIEF 15/7

 Diseases ravage shrimp farms in several provinces; US grants FDA certificate to Vinamilk; Sugar inventory running high as export deadline over; EZs, IPs database to be finalized

BUSINESS IN BRIEF 29/6

 All condo sectors face challenge; Support sector firms need access points; Opportunities for export to Russia abound; Japan’s CM Plus enters Vietnam; Vicofa gets nod for coffee stockpiling

BUSINESS IN BRIEF 25/6

 Highway 1 expansion projects begin; Realty firms say rules forced them to build large condos; Latest export, import performances unveiled; Computer market bounces back: IDC

BUSINESS IN BRIEF 19/5

 Market for children’s goods, services exceeds US$5 bil./year; Vinacomin stands firm on bauxite projects; More staff recruited by realty brokerage firms; MVCorp cancels music download fee deal

BUSINESS IN BRIEF 5/4

Nearly 400 businesses to participate in VietnamExpo 2013; SBV has room to further cut deposit rates; Industrial production sees good signs; Vinacas wants to raise cashew nut prices

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 10/2

Screening to continue in property market; Resettlement houses in Dong Nai handed over; SCG Vietnam posts strong sales growth; Vinacomin sells VND2.5 trillion of bonds; State pumps petrol changes

BUSINESS IN BRIEF 22/1

Domestic software firms bemoan skewed tax breaks; No respite for Ha Noi real estate; Military Bank leads in profitability; New fund will help firms to issue affordable bonds; Steel giant hurries projects; Auto market recovers before Tet