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BUSINESS IN BRIEF 9/2

Samsung’s second plant to take shape in Vietnam; Clothing exports surge by 28 percent; Vietnamese seafood gains firm foothold in US; No price hike during Tet; VND16.9 trillion invested in power transmission

BUSINESS IN BRIEF 7/2

Mekong Delta’s tra fish exports aim for US$2 bil; 2013 predicted to open up prospects for Vietnamese goods; Starbucks plans more Vietnamese coffee purchases; Exports to ASEAN region increase 25.7 pct in 2012

Vietnamese software firms marching towards US market

Penetrating and cementing firm positions in the US market means there’s great opportunities for Vietnamese software firms to approach a lot of US giants in all business fields.

Unique leaf market in the center of Saigon

VietNamNet Bridge – This market only operates once a year, before the Lunar New Year, in HCM City’s center.

A Vietnamese airline stops flying after Tet

A private airline may have to stop flying after Tet (February 2013), Tien Phong has quoted its sources from the Civil Aviation Authority of Vietnam (CAAV) as reporting.

BUSINESS IN BRIEF 30/1

SBV says will resort to compulsory reserve ratio; Positive signals for farm produce exports; Cai Mep-Thi Vai international ports inaugurated; January's industrial production index falls; Japan leads Vietnam’s January FDI investors

F&B sector triggers combat for retail premises

VietNamNet Bridge – A lot of big names have appeared in the Vietnamese F&B (food and beverage) market, kicking start a new combat for the retail premises.

Carlsberg taking steps to increase its presence in Habeco

The Ministry of Industry and Trade (MOIT) has given the nod to the deal of Carlsberg Breweries A/S Group buying another 13 percent of Habeco’s stakes.

BUSINESS IN BRIEF 24/1

Equipment imports of FDI firms surge; Exploring prospects in home-for-rent segment; Non-oil tax revenues run short of target; Banks call for room to fund giant projects; FDI engine needs a big overhaul; FIEs lead way on capital use

Vietnam rejects automobile manufacturers' claims for car tax & fee reductions

Despite a series of policies laid down recently to help ease difficulties, automobile joint ventures still demanded sharper tax and fee reductions. In reply, the Ministry of Finance said they should not expect to see all the claims to be satisfied.

A lot of banks change hands before the Year of the Snake

VietNamNet Bridge – The banking sector has become boisterous with a lot of big shareholders selling their shares in big quantities to quit the business field. Meanwhile, a lot of hidden “big guys” have jumped on the bandwagon.

Visiting the “kingdom of snakes”

VietNamNet Bridge – Going to the southwestern region, you must visit Tam Nong, in Dong Thap province, a small rural market but is very famous for snake meat.

The big guys sink each other’s soap bubble

VietNamNet Bridge – Foreign-invested enterprises have been dominating the soap powder market, putting domestic manufacturers at a disadvantage.

Groupon websites may be asked to pay deposits and take insurance policies

The Ministry of Industry and Trade (MOIT) is considering laying down a new policy, forcing groupon websites to pay a deposit and take insurance policies in order to protect consumers’ rights.

Why doesn’t Starbucks choose a Vietnamese partner?

It’s understandable why the US Starbucks decided to set up its first shop in Vietnam in HCM City, a commercial hub. Meanwhile, it’s enigmatic why it did not choose a Vietnamese partner, but a Hong Kong one-- Maxim’s Group.

Less super-cars to enter Vietnam in the Year of Snake

Analysts believe that not many super-cars would be imported to Vietnam in 2013, because a lot of barriers have been installed which would block the way of the cars to Vietnam.

Treating environment pollution with microbiology, why not?

A lot of effective models of treating environment pollution with microbiology still have not been brought into life due to the lack of an appropriate investment mechanism.

Telcos’ presence will raise strong waves in pay-TV market

VietNamNet Bridge – A cutthroat competition is believed to occur in the pay-TV market in 2013, when telecom groups jump into the market and force the service fees down.

The 10 ICT most outstanding events in 2012 in the eyes of journalists

The Vietnam ICT Press Club on December 27 released the 10 information and communication technology (ICT) events in 2012 selected by 40 journalists.

2012 – The year of sorrow for Vietnamese businesses

Vietnamese businesses had never before faced so many difficulties as in 2012. The stories about the enterprises incurring loss or getting bankrupt were so popular that they did not surprise anyone.