Merger, acquisition deals tipped to increase

Date: 19/03/2012

Merger and acquisition activity is expected to further increase this year, following high-profile deals last year such as food products company Masan Consumer’s acquisition of coffee processor Vinacafe Bien Hoa (VCF) and the merger of real estate developer Vincom (VIC) with resort operator Vinpearl.

Business in brief in 13 March

Date: 14/03/2012

(Sourced from various news agencies)

Demand rises for high-grade rice

Date: 14/03/2012

With the winter-spring rice crop being harvested in the Cuu Long (Mekong) Delta, high-grade varieties of paddy are much in demand while low-quality IR 50404 does not have many buyers.

Vietnam builds cassava powder processing factory in Laos

Date: 14/03/2012

The Thanh Hoa General Materials Joint Stock Company broke ground on a cassava powder processing project in Bolikhamsay, Laos on March 12.

M&AS Set To Increase in 2012

Date: 12/03/2012

Mergers and Acquisitions (M&A) are likely to become more common this year according to economic experts, especially among companies operating in real estate, securities, information technology and consumer goods. However, enterprises and investors should be wise before the event when considering their...

Vietnam IZs Urged To Upgrade Infrastructure

Date: 12/03/2012

Japanese experts when addressing a seminar organized by the Foreign Investment Department under the Ministry of Planning and Investment (MoPI) said that Vietnam’s Industrial Zones (IZs) need to improve their infrastructure to attract small-and-medium sized enterprises (SMEs).

Transporters raise charges on higher fuel costs

Date: 12/03/2012

A large number of HCMC-based goods and passenger transport firms are preparing to increase their charges following the shocking fuel price hike on Wednesday.

Ministry mulls lifting income tax threshold in 2014

Date: 12/03/2012

The Ministry of Finance is drafting a new law on personal income tax collection, in which it recommends that the tax threshold be lifted to VND6 million ($288) a month from the current VND4 million, said Deputy Minister Vu Thi Mai at a press briefing in 8 March.

US changes anti-dumping taxes on Vietnamese tra fish

Date: 12/03/2012

The US Department of Commerce (DoC) on March 8 announced its final decision on the seventh preliminary results of administrative review (POR7) for anti-dumping duties on tra fish fillets imported from Vietnam, said the Vietnam Trade Bureau in the US.

After 15 years in operation, ConocoPhillips withdraws from VN market

Date: 06/03/2012

Viipip - The U.S. oil firm ConocoPhillips has agreed to sell all assets in Vietnam for the French partner Perenco SA for $ 1.29 billion. With this acquisition, ConocoPhillips will be withdrawn from the market to Vietnam after 15 years of operation here.

Many countries interested in Vietnam alumina

Date: 06/03/2012

The Ministry of Industry and Trade has told Vietnam National Coal and Mineral Industries Group (Vinacomin) to put Tan Rai alumina plant in Lam Dong Province into trial production in April as many countries are interested in local alumina.

IDP opens major dairy farm

Date: 06/03/2012

International Dairy Products Joint Stock Company (IDP) and the Center of Ba Vi Cow and Grassland Research have commissioned a large-scale international-standard dairy farm in the country’s north.

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