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E-commerce: skipping Beta, marching towards 2.0 (Part 3)

The words “taking off” or “in full swing” have not been used any more when talking about the prospect of e-commerce in Vietnam, because they were used many years ago and the predictions did not come true.

Investors run away from “golden land,” BOT projects suspended

Big real estate firms have tried to escape from the projects invested under the mode of “exchanging infrastructure items for land,” and from the golden land areas they once had to struggle hard to obtain.

Management companies taking thorny path to set up open end funds

Some investment fund management companies have been moving ahead with their plan to set up open end funds.

“Bountiful bond crop” raises worries

While other investment channels have been shrinking in the economic downturn, government bonds have been yielding big fruits. What’s behind this?

E-commerce: skipping Beta, marching towards 2.0

A series of investment projects in e-commerce have been kicked off, seemingly promising to heat up the market which remains cool despite the presence of the giant eBay.

BUSINESS IN BRIEF 7/12

Industry still leading tax contributor; Central growers fear damaging drought; Banks move on soft home loans; Fake goods pose economic and health risks; Rice output estimated at 43.7 mln tones in 2012; PPP likely brings in $80 billion in decade

Restructured state owned conglomerates still insist on pouring money into banks

While a lot of institutional investors have got stuck with their investments in the banking sector, state owned conglomerates, which are undergoing the restructuring process, still want to “kick against the pricks.”

BUSINESS IN BRIEF 3/12

Gloomy picture on youth employment; State Bank may apply ceiling lending interest rates this year; Slow sales means big discounts on new clothing; 70 securities firms may be shut down; Nation to remain manufacturing hotspot

Indonesia in top five car exporters to Vietnam, why?

The list of the five biggest car exporters to Vietnam has for the first time seen a new name – Indonesia. This is really a big surprise.

Freight & forwarding market opens to 100 percent foreign owned company

Vietnam has kept the door of its freight & forwarding service market opened to foreigners since January 11, 2012, and FedEx has become the first foreign company going through the door.

Part 2: The tourism paradise lacks… chairs

Cu Lao Xanh, which deserves to be a tourism paradise, seems to be indifferent to tourists. No one intends to develop the local infrastructure to attract travelers.

FDI capital begins flowing to dyeing and textile projects

As predicted, the foreign direct investment (FDI) flow has been heading for the dyeing and textile sector, because investors can take full advantage of the tariff preferences Vietnam can enjoy.

BUSINESS IN BRIEF 26/11

Spain cuts funding for Metro Line No. 5; HCM City yet to start tunnel toll collection; Exports hit over US$104 billion in 11 months; Over US$12 billion in FDI; November CPI rises 0.47 percent; Trade surplus worth US$64 million

HCM City: International port in ruin

VietNamNet Bridge – Being built at the cost of millions of US dollars, the Phu Huu international port in District 9, Ho Chi Minh City is no different from a fallow ground in the countryside.