Foreign food invading domestic market

Date: 16/10/2011

Producers and exporters from Europe, the US and Australia have been promoting the sale of farm produce to Vietnam, the country with 80 percent of population living on agricultural production.

Jet Airways and Vietnam Airlines sign MoU on strategic cooperation

Date: 16/10/2011

Jet Airways and Vietnam Airlines have signed a MOU on their strategic cooperation which comprehensively cover areas of commercial, services, technical and training.

Business in brief 14 Oct 2011

Date: 16/10/2011

(Sourced from various news agencies)

40 Hong Kong tourism firms to seek local partners

Date: 16/10/2011

A trade mission comprising 40 Hong Kong travel agencies and the Hong Kong Tourism Association will come to Vietnam next month to look for local partners.

200 Vietnamese businesses receive Gold Star awards

Date: 16/10/2011

So far this year, the 200 businesses have created a combined turnover of over VND703 trillion ($33 million), contributed VND46 trillion to the state budget and provided jobs to 380,000 people.

Sixteen banks sign deal to hold deposit rates

Date: 16/10/2011

Sixteen large banks on October 12 signed an agreement to keep their deposit interest rates under 14 per cent for one-month terms, and 6 per cent for non-term rates.

Small banks face problem in reaching profit targets

Date: 11/10/2011

Many small banks may not reach their profit targets this year, while major banks’ profits are expected to be modest.

Vietnam’s seven key export items decrease in price in Sept.

Date: 11/10/2011

The Vietnamese Ministry of Industry and Trade (MoIT) has recently reported that amongst 15 export commodities with 60 percent of the country’s total export turnover, seven decreased in price in September. Accordingly, items decreased in price including seafood, cashew nut, tea, coal, crude oil, rubber...

Vietnam attracts foreign telecom investors

Date: 11/10/2011

Vietnam is now an important focus for global information and communications technology (ICT) companies that are making efforts to increase their presence in the Southeast Asian region, according to telecom experts.

Business in brief 10 Oct 2011

Date: 11/10/2011

(Sourced from various news agencies)

Investment funds say ready to inject money into SMEs

Date: 11/10/2011

Foreign investment funds said on last Friday that they still saw huge potentials in small- and medium-sized enterprises (SMEs) in Vietnam despite the global uncertainty.

$32.4m deposited for Mong Duong 2 thermo power project

Date: 07/10/2011

The investor of Mong Duong 2 thermo power plant project (in the northern province of Quang Ninh), which is invested in the form of construction-operate-transfer (BOT), has recently paid $32.4 million deposit to the Ministry of Industry and Trade (MoIT) to ensure the implementation of the project.

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