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Update news market

Foreigners may replace Vietnamese in livestock industry from 2015

From 2015, Vietnamese products of pork, chicken and poultry eggs would no longer enjoy the local production protection policies. It is expected that by that time, Thai, Indonesian and Malaysian products would flood the domestic market.

BUSINESS IN BRIEF 13/6

 Firms voice support for raising woodchip export tax; Exported apparel unit prices down; Credit fund converted into bank; Firms switch to rail freight transport;

Vietnamese insurers deploy their troops overseas

The Foreign Investment Agency (FIA) has noted the growing tendency of Vietnamese businesses making outward investment when the domestic market has become narrower for them.

BUSINESS IN BRIEF 8/6

 Banks offer $1.4b housing loans deal; HSBC lowers 2013 Vietnam forecast; Consumer confidence index surges; VND20 tril. G-bonds mobilized in May; Cooperative bank of Vietnam set up

BUSINESS IN BRIEF 3/6

 Many property projects seek new investors; Firms remain hesitant about energy labeling; Interest rate cap for seafood, livestock, chicken breeders; Improving public investment efficiency

BUSINESS IN BRIEF 1/6

 Vietnamese banks’ outstanding loans rise 4.75%; US$1bn target for fruit and vegetable exports within reach; Vietnam considers anti-dumping investigation into imported steel; FTA opens doors for garment industry in Vietnam

BUSINESS IN BRIEF 31/5

 Social fund seeks investment methods; Higher legal capital likely at realty firms; Realty indices are nowhere to be found; Price falls hit chicken farmers; Five-month FDI totals US$8.5 billion

BUSINESS IN BRIEF 27/3

 US steel producers make dumping claim; Bio-fuel system installation to be sped up; Power plant contract to be completed; Woodwork processors cut imports; Real estate body tips revival

SOCIETY IN BRIEF 25/5

 Newspaper receives award for contribution to journalism; Appeal trial held for eight defendants; Ministry to get tougher on immunisation malpractice; Swimming lessons protect children

BUSINESS IN BRIEF 25/5

 Vietnam, Japan research genetically modified cassava; EuroCham launches Green-Biz 2013; Seafood subject to higher anti-dumping duties; HCM City scheme for exterior bus advertising

BUSINESS IN BRIEF 24/5

 Revealing real estate tricks of the trade; Measures to help businesses through crunch time; Spain supports Vietnam’s sustainable tourism; Improvement marked for labour export firms

BUSINESS IN BRIEF 20/5

 Nutrition industry grows well: Nielsen; Life made easier for foreign homebuyers; U.S. second biggest retailer seeking local suppliers; Developers woo homebuyers via interest-free plans

BUSINESS IN BRIEF 18/5

 Mortgage loan for social housing touches 6%; VDB mobilises 4.45 trillion VND from guaranteed bonds; Ship yards go on with new orders; Hue plans to build VND 17 billion science-technology centre

Co-opXtra throws down a challenge to Metro

Metro had been the only modern wholesaler until the day Co-opXtra, a joint venture of the Vietnamese Saigon Co-op and Singaporean NTUC FairPrice.

Belgian brewery manufacturer rouses Vietnamese enterprises from sleep

The Vietnamese market is believed to become scalding hot with the presence of the big guy from Belgium Aneuser-Busch Inbev (AB Inbev), slated for the next year end.

“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".

Online wildlife market bustling

Staying out of the reach of the state agencies, remaining anonymous and bearing no limitation, the wildlife market on Internet has got more bustling than ever.

Lack of laborers disillusions labor export companies

VietNamNet Bridge – Collecting workers for export turns out to be a more difficult job than labor companies and the local authorities could imagine.

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 2/4

Greater cooperation needed for central region tourism; Rice exporters dodge rules via consignment contracts; Russian businesses keen to invest in Vietnam; Electronics market struggles to survive