Business in brief 25 Dec 2012

Date: 26/12/2012

(Sourced from various news agencies)

City agricultural park leads the way

Date: 26/12/2012

Provinces planning to develop agricultural technology parks should learn from HCM City’s experiences in building its Agricultural Hi-Tech Park, Deputy Prime Minister Nguyen Thien Nhan has said.

Kyocera seeks tax incentives

Date: 25/12/2012

Japan’s Kyocera Corporation is seeking support from Vietnam’s Ministry of Industry and Trade for tax incentives granted to a supporting industry enterprise.

Lacoste considering Vietnam investment

Date: 25/12/2012

Lacoste’s familiar Alligator logo may join Nike’s Swoosh as a player in Vietnam’s bustling textile and garment industry.

Vingroup wins Finance Asia’s Best Vietnam Deal award

Date: 25/12/2012

Property developer Vingroup has won the Best Vietnam Deal award from Finance Asia magazine for its recent move to raise US$300 million from issuing convertible bonds on the international market.

EVN seeks funds for urgent projects

Date: 21/12/2012

Deputy Prime Minister Hoang Trung Hai has asked banks to provide capital for Electricity of Viet Nam (EVN) to develop urgent power supplies and the grid over the next two years.

Chinese steel threats local manufacturers

Date: 21/12/2012

In the latest movement, the world’s sixth largest steel-maker, JFE Steel Corporation, is wavering whether to acquire a major stake at Taiwan-based E-United Group’s $4.5 billion integrated steel project in Vietnam on concern over China ‘s industrial clout in the region.

National economy panorama gets brighter, but worries exist

Date: 21/12/2012

Commercial banks have been easing the lending interest rate, which has made the picture of the national economy brighter. However, the biggest problem still exists: it’s very difficult for businesses to access bank loans.

Quang Ninh targets green economy, eyes Japanese investors

Date: 21/12/2012

Officials of the northern province of Quang Ninh in Dec 2012 sat down and discussed with Japanese investors and experts measures to develop green economy in the province and attract Japanese investors.

The golden opportunity of wind power

Date: 19/12/2012

Nature generously gives a gift for the humans on this earth a source of "free" fuel, a tremendous renewable energy resource. It is the wind, or wind energy.

Lam Dong lures Japanese capital into agriculture, tourism

Date: 19/12/2012

Lam Dong Province’s government in an investment promotion seminar held in HCMC on Monday called for Japanese capital into its advantageous areas namely tourism services and agriculture.

Government signals special policies for Phu Quoc

Date: 19/12/2012

Prime Minister Nguyen Tan Dung has urged authorities of Kien Giang Province to work with relevant agencies over special mechanism and policies to bring into play the hidden charms of Phu Quoc and quickly turn this resort island into an attractive tourism hub.

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