Drought pushes up coffee prices

Date: 05/04/2013

The price of coffee will continue to climb in the medium term due to the prolonged drought in the Tay Nguyen (Central Highlands) region.

Can Tho-Con Dao air route resumed

Date: 05/04/2013

Vietnam Air Service Company (VASCO) announced that it has resumed the air route between the Mekong Delta city of Can Tho and Con Dao Island.

FTA could be a curse in disguise

Date: 04/04/2013

Vietnamese exporters are keenly interested in the free trade agreement (FTA) being negotiated with the EU, but the FTA is unlikely to be of much benefit because of non-tariff barriers and the slow pace of policy change in Vietnam that could hinder investment from Europe.

When milk supply falls short for export

Date: 04/04/2013

In a market where foreign products account for more than 70 percent of the share, Vinamilk is currently exporting its products to 23 nations worldwide.

Vietnam attracts $100 billion FDI in total investment

Date: 03/04/2013

Vietnam has attracted 14,550 foreign direct investment (FDI) projects worth $211 billion for over the past 25 years, one official said.

Business in brief 02 April 2013

Date: 03/04/2013

(Sourced from various news agencies)

Better incentives for sci-tech firms

Date: 03/04/2013

Minister of Science and Technology Nguyen Quan on Tuesday said that the ministry will adjust the legal framework to create more favorable conditions for businesspeople and enterprises in the field of science and technology.

Samsung kicks off US$3.2 bil. project in Thai Nguyen

Date: 03/04/2013

Samsung Electronics on Monday began work on a hi-tech complex worth US$3.2 billion in Thai Nguyen following the success of its cell phone factory in Bac Ninh.

PVEP, Vietsovpetro sign oil and gas contract

Date: 01/04/2013

The Vietnam Oil and Gas Group (PetroVietnam) has signed a production-sharing contract (PSC) for Block 42 on the continental shelf waters of Vietnam with a consortium of contractors including PetroVietnam Exploration and Production Corporation (PVEP) and the Russia-Vietnam oil and gas joint venture,...

Vietnam, Customs Union starts first round of FTA talks

Date: 01/04/2013

The first round of the negotiations of a free trade agreement between Vietnam and the Customs Union of Russia, Belarus and Kazakhstan took place in Hanoi on March 29.

Vietnam to build new broad gauge railway

Date: 01/04/2013

Vietnam is delaying plans to build a north-south express railway system with trains that travel 350 kilometers one hour, diverting funds to a broad gauge railway capable of running trains at about half that speed.

UPS becomes 1st global express firm to be 100% owned in VN

Date: 01/04/2013

UPS has become the first global express delivery company to be wholly-owned in Vietnam, following its acquisition of the 49 percent interest of VN Post Express in the two companies’ express delivery joint venture, the company has announced.

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