Huge additional FDI capital poured in 2012

Date: 28/12/2012

FIA said in a recent report that the nation as of the middle of this month had attracted more than US$13 billion of FDI including both fresh and additional capital, tumbling 15.3% over the same period last year.

Shares turn cheap, Japanese quietly try to acquire Vietnamese banks

Date: 28/12/2012

While the banks from Europe and US keep quiet at this moment, Japanese have been hunting for Vietnamese banks’ shares.

Many locally-made PCs cannot meet electromagnetic compatibility

Date: 28/12/2012

Ninety percent of locally made computers were found as not meeting the Radio Frequency Department in 2011, while the percentage has decreased to 50 percent, according to the electromagnetic compatibility (EMC).

New regulation set to unbutton wind energy

Date: 27/12/2012

Renewable energy developers will be offered a clearer and specific mechanism for setting up electricity purchasing prices of their projects in Vietnam.

HCMC leads in e-commerce development

Date: 26/12/2012

For the first time an e-commerce index program was held by the Vietnam E-commerce Association showing that Ho Chi Minh City (HCMC) led the country in e-commerce development in 2012, followed by Hanoi, Binh Phuoc and Ca Mau.

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.

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