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Banks enjoy large interest rate margins

 VietNamNet Bridg – According to the FETP’s research team, the margin between the lending and deposit interest rate is as high as 6 percent. Meanwhile, an economist says it is 4-5 percent and the State Bank affirms it is 2-3 percent.

VN textile & garment firms may fail to benefit from TPP

While foreign textile and garment companies have geared up with their investment plans in Vietnam to prepare for the Trans Pacific Economic Partnership (TPP) agreement, Vietnamese businesses have been staying put.

Fighting against transfer pricing will be a violent war

 VietNamNet Bridge – The owners of international economic groups are always the wise businessmen supported by experienced accountants, lawyers and strategist. Therefore, it is not easy to force them to admit their transfer pricing behavior.

Modest profits help banks regain optimism

 VietNamNet Bridge – Banks have reported profits for the third quarter of the year after two gloomy quarters. They now can breathe easily again, though the profits were modest.

BUSINESS IN BRIEF 3/10

 Vietnam attracts US$15 bil of FDI in nine months; US$450 million poured into mining exploration in Laos; Manufacturing sector grows in September; Biotechnology prioritised in science, tech development

BUSINESS IN BRIEF 25/8

Petrolimex official admits profits fall short of target; Viet Nam fishing for seafood sector development; Gloom in construction material market; Thai firm to build thermal power plant in Quang Tri

BUSINESS IN BRIEF 25/7

 Concern mounts as fake goods flood struggling market; Insurance firms eye lower dividends; Aquaculture sector faces tighter controls; Delta delivers mass longan tree treatment

Vietnamese businesses pocket big money from Arsenal’s tour

 VietNamNet Bridge – The short stay of the famous British football club Arsenal was enough for Vietnamese businesses to get big benefits.

Banks make less profit, change hands

VietNamNet Bridge – A lot of banks have bogged down in bad debts and poor liquidity. However, they are believed to have great potentials in the long run. Therefore, they still can attract big investors.

Coca Cola denies the charges on transfer pricing

Irial Finan, Vice President of Coca Cola global, affirmed that Coca Cola Vietnam is not guilty of the charges on illegal transfer pricing.

State’s “super-corporation” also bears competition pressure

If another state’s capital management company which would compete with the existing State Capital Investment Corporation (SCIC) is set up as suggested, SCIC would no longer obtain advantage.

BUSINESS IN BRIEF 8/4

 Property transactions seen picking up; Power demand up 12 pct in dry season; Drop in rice price after Gov’t stockpiling program; Construction material market in severe deadlock; Market demand remains sluggish

Forests develop more rapidly than timber processing factories

Responding to the state’s call for afforestation, local people in Dak Lak province spend their time and money to plant the forests and protect them over the last 10 years.

Solving the paradox in agriculture

Given that all the stages of the agricultural production chain are "problematic," from policy to farmers and enterprises to export markets, Professor Vo Tong Xuan discuss solutions to restructure it.

Regenerated forests plucked

The Da River regenerated watershed has been seriously devastated. A paradox exists - that if not having deforestation, people would have no land to grow industrial trees to escape poverty, but they will violate the laws if their chop down trees.

The secrets of ATMs

Commercial banks all complain that they have been incurring with ATM services, but they still keep developing ATM services.

Even big foreign investors cannot reach for Sabeco

At least three big foreign investors have expressed their intention to become the strategic partners of Sabeco, the biggest brewery manufacturer in Vietnam. However, they have not been shortlisted.

12 percent credit growth rate proves to be unattainable

Most commercial banks have reported the very slow outstanding loan growth, forecasting the 12 percent credit growth rate goal for 2013 is unfeasible.

Wave stimulating equipment cause a headache to mobile network operators

More and more people Hanoi have installed cellphone wave stimulating equipment at their homes to improve the wave quality.

Banks report good news: they make lower profits

Commercial banks have reported unsatisfactory business results for 2012 with profits down dramatically. However, the unsatisfactory business performance of the banking system turns out to be the “good news.”