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Slow sale, high inventories, low sale prices all have put sugar manufacturers on tenterhooks. They have been burning to get the nod from competent agencies to export sugar to clear the stocks.
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
VietNamNet Bridge – Foreign-invested enterprises have been dominating the soap powder market, putting domestic manufacturers at a disadvantage.
The Competition Administration Department (CAD), an arm of the Ministry of Industry and Trade (MOIT), which conducted a survey on 10 business fields, has found out that oligopoly exists in six of them.
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.
Nearly half of the members on the list of top 50 stock millionairesses have been managing big enterprises in the stock market.
VietNamNet Bridge – A lot of great ideas were initiated by watchdog agencies in 2012. However, many of them died prematurely because they faced the strong opposition from the public.
It is estimated that 1.5 million Vietnamese people can afford branded expensive goods. However, the figure is not big enough to put Vietnam on the map of the world’s branded goods markets.
The real estate price in 2012 dropped by 30 percent if compared with 2011.
VietNamNet Bridge – Gold bullion bearing the national brand SJC saw another decrease yesterday, Nov 29, of its selling price to VND47.22 million, and the buying price to VND47.07 million (US$2,260 – $2,252) per tael.
The government has decided that E5 biofuels use would be compulsory throughout the country by December 1, 2015. Meanwhile, from December 1, 2014, biofuels must be used by road vehicles in seven provinces and cities.
Dairy farmers from several European countries converged in Brussels on Monday aboard hundreds of tractors for a two-day protest against falling milk prices in Europe.