Auto distributors say state agency tries to find fault to hinder their business

Date: 13/12/2012

The Vietnam Register (VR), the national registration agency, has requested enterprises to have sample cars of every consignment of import cars to test their safety. This has raised a wave of anger among automobile manufacturers and distributors.

HCMC export turnover shows substantial increase

Date: 13/12/2012

Ho Chi Minh City export turnover in 2012 increased by 7.36 percent since last year, to touch US$30.25 billion, said Huynh Khanh Hiep, deputy director of the Department of Industry and Trade, at a meeting in December 2012 to review the present export status and to plan for 2013.

Harbinger throws weight behind Ho Tram Strip

Date: 13/12/2012

US-based private investment firm Harbinger Capital Partners will continue investing in the integrated Ho Tram Strip resort in southern Vietnam, expected to open early next year.

Nation to negotiate Ukraine trade deal

Date: 13/12/2012

Viet Nam and Ukraine will start negotiations for a free trade agreement (FTA) in January 2013 in a move to boost bilateral trade value.

Commercial banks warned on rising foreign competition

Date: 13/12/2012

If local banks do not adopt proper strategies, the retail banking market in Viet Nam will soon be overtaken by foreign banks, experts have warned.

Hanoi tightens fiscal belt

Date: 12/12/2012

The Hanoi People’s Committee requested that its agencies halt purchasing of public cars and the construction of new headquarters next year as a way to maximize spending efficiency.

DHL opens its new depot in Danang

Date: 12/12/2012

DHL, the world’s leading logistics company, has strengthened its Vietnam network by opening a new VND10 billion ($500,000) depot in Danang.

Tightened e-commerce management required

Date: 12/12/2012

Major cases of e-commerce fraud have been reported, underlining the importance of tightening up management of this commercial area. At the Ministry of Industry and Trade’s regular meeting in November, the ministry’s Department of E-commerce and Information Technology Director Tran Huu Linh said that...

Bac Ninh puts itself in shop window

Date: 12/12/2012

Northern Bac Ninh province is boosting its projects funded by official development assistance (ODA) capital.

Business in brief 10 Dec 2012

Date: 11/12/2012

(Sourced from various news agencies)

Three scenarios for national economy in 2013

Date: 11/12/2012

Economists have outlined three alternative scenarios for the national economy in 2013, each extrapolated from the hypothetical GDP growth rates of 5, 5.68 and 6.34 percent.

City sets GDP growth target at 9.5%

Date: 11/12/2012

The HCMC People’s Council has passed a resolution on socio-economic tasks for next year in which GDP growth is targeted at 9.5% or above.

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