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BUSINESS NEWS IN BRIEF 28/3

Hanoi reports 6.99 percent GDP growth in Q1, Viet Nam has untapped potential in bird’s nest production, export, Canadian firms eye high-tech agro investment in Danang, Temasek boosts holding in VNG JSC

BUSINESS IN BRIEF 7/2

Property market attracts $77.6 million in FDI in January, Vietnamese economy shows positive signals in January, Auto imports in record drop in January: GSO, Vietnam ranks third in natural rubber production, export

APEC officials interested in Vietnam’s rice production, export

Officials from APEC member economies expressed their special interest in Vietnam’s rice production and export during their fact-finding trip to the Mekong Delta Rice Research Institute on August 24. 

Israel takes step toward allowing export of medical marijuana

 An Israeli government committee gave an initial nod on Sunday for the export of medical marijuana in what could be a windfall for companies in Israel,

Vietnam dreams of exporting education services

VietNamNet Bridge - Education exports are a “multi-billion dollar industry”. Why doesn’t Vietnam think of exporting its education services?

January-April crude oil exports down by US$1 billion

 VietNamNet Bridge – The world’s oil price plunge led Vietnam’s crude oil export turnover to fall by US$1 billion in the first four months of this year, according to the General Statistics Office (GSO).

Surplus in international payment balance eases anxiety about dollar supply

VietNamNet Bridge - Vietnam expects to have a surplus of $5 billion in international payments in 2015, which means there will be enough dollar supply in the domestic market.


Vietnamese seafood exports off to a rocky start for 2015

 VietNamNet Bridge – Seafood exports for calendar year 2014 grew 16.5% on top of the prior year to US$7.84 billion and have been forecast to continue rising to US$8 billion in 2015,

Seafood exports reach $7.9b in 2014

 VietNamNet Bridge – Viet Nam will reach US$7.9 billion in the value of seafood exports for 2014 due to high growth in key products.

Vietnamese exports face legal challenges

VietNamNet Bridge – Viet Nam's export turnover rose sharply last year and in the first half of 2014, but challenges in legal and administrative procedures and other risks remain for enterprises.

Deputy Minister denies claims of rice deal bribery

 VietNamNet Bridge – Deputy Minister of Agriculture and Rural Development Ha Cong Tuan has denied an allegation that the Viet Nam Southern Food Corporation bribed to a Filipino official to win a contract to sell 800,000 tonnes of rice.

List of US$1-billion export earners lengthened

 VietNamNet Bridge – The Ministry of Industry and Trade said there had been 12 groups of products with export revenue exceeding US$1 billion in the first five months of this year and these goods had generated combined outbound sales

BUSINESS IN BRIEF 16/5

 Gold prices rise as uncertainty grows; Government to strive for business-friendly conditions; Mekong Delta opens doors to investors; Myanmar to establish steel JVs with Vietnam; Viet Nam, Thailand eye 20% annual growth in trade

BUSINESS IN BRIEF 6/5

 Authorities call for oversight of fraudulent retail websites; Electronics sector in need of support; Even distribution of FDI a must: experts; Enterprise law seeks to open opportunities; Japan keen on hiring Vietnamese senior personnel

UAE tops phone importers' list

 VietNamNet Bridge – The United Arab Emirates (UAE) is the biggest importer of Vietnamese phone and phone accessories, with growth of over 100 per cent year-on-year since 2010.

BUSINESS IN BRIEF 10/3

Transfer pricing out of control in Vietnam; Canon up-phases Bac Ninh factory; Prefab factories trending now in IPs; Industrial inventory index remains high in early 2014; Hanoi urged to up investment in concentrated IT park

BUSINESS IN BRIEF 13/2

 SCIC to promote divestment at SOEs; McDonald’s president surveys Vietnam market in person; Vingroup selects new CEO; Bad debt among the biggest monetary challenges of 2014; Australia sends first buffalo shipment to Vietnam

BUSINESS IN BRIEF 10/2

 Profit-taking hits share prices in HCM City; Regulators encouraged to lure foreign investors; Sugar export halt causes worry; Safe to invest in property, savings; Tokyo woos Vietnamese firms with promotions

BUSINESS IN BRIEF 31/1

 Trade deficit with China up 44.5%; Securing market shares to compete with foreign retail outlets; EU remains Vietnam’s largest export market; Statistics department explains mistakes in January CPI calculation

BUSINESS IN BRIEF 18/11

 HCM City’s foreign-currency credits tumble; Vietnam eyes labour cooperation with Middle East, North Africa; BIDV receives Asia Risk award; Mekong Delta looks towards green economy