tag:blogger.com,1999:blog-36799722901485164872009-07-05T08:54:38.159-07:00Vietnam Business Finance NewsInformation for Successful InvestmentBriannoreply@blogger.comBlogger18552125tag:blogger.com,1999:blog-3679972290148516487.post-25720034421247996722009-07-05T08:53:00.000-07:002009-07-05T08:54:38.171-07:00A bay to shelter from economic woesVNBusinessNews.com - Home to world natural heritage site Halong Bay and the key economic hub of northern Viet Nam, Quang Ninh province is offering investors lots of investment opportunities.While Vietnam is emerging as one of the most attractive investment destination, Quang Ninh is also on the radar screen of many international investors looking to invest in Asia.In recent years, Middle East Briannoreply@blogger.com0tag:blogger.com,1999:blog-3679972290148516487.post-72138922462649864822009-07-05T05:38:00.001-07:002009-07-05T05:38:49.329-07:00Vietnam’s 4th Famous and Competitive Trademark award ceremony heldVNBusinessNews.com - The Vietnam Intellectual Property Association (VIPA) on July 4 organised an award ceremony for the 4th Famous and Competitive Trademark for 65 businesses in the country.This year, due to the impact of the financial crisis, the number of companies registering for the event was only 60 percent of previous years. The organising board gave awards to 65 businesses, including 32 Briannoreply@blogger.com0tag:blogger.com,1999:blog-3679972290148516487.post-80884732906273682232009-07-05T05:37:00.000-07:002009-07-05T05:38:15.610-07:00Hau Giang holds first Rice Festival in VietnamVNBusinessNews.com - Hau Giang province will coordinate with the Viet Nam Food Association, Vietnam Southern Food Corporation and relevant government agencies to organize the first Rice Festival in Viet Nam.The 2009 Rice Festival is scheduled to take place on November 26-28 in Vi Thanh commune, Hau Giang province.The event aims to honour and increase the profile of Vietnam’s rice and promote it Briannoreply@blogger.com0tag:blogger.com,1999:blog-3679972290148516487.post-60185805312273135292009-07-05T04:17:00.000-07:002009-07-05T04:18:20.381-07:00Few firms have their own website: surveysVNBusinessNews.com - Most enterprises in Viet Nam do not have websites to promote their company and products, failing to see the benefits of the tool or unsure how to best utilise it.A survey conducted in 2008 by the Department of E-Trade and Information Technology from the Ministry of Industry and Trade of 1,600 enterprises nationwide indicated that only 45 per cent of the enterprises had Briannoreply@blogger.com0tag:blogger.com,1999:blog-3679972290148516487.post-53946470909042352832009-07-05T04:16:00.000-07:002009-07-05T04:17:20.782-07:00Gov’t aid aims to bolster more than 300,000 SMEsVNBusinessNews.com - Government support will aid more than 300,000 small- and medium-sized enterprises with capacity development in key business areas, pursuant to a recent decree taking effect in August.Under the decree, the Government will assist small and medium-sized enterprises (SMEs) in the areas of finance and land area, technological and technical capacity, and market expansion. Measures Briannoreply@blogger.com0tag:blogger.com,1999:blog-3679972290148516487.post-19594525851824936082009-07-05T04:12:00.000-07:002009-07-05T04:14:27.749-07:00Japanese rice changes farmers’ lives in An GiangVNBusinessNews.com - One of the most popular strains of rice cultivated in certain parts of the Mekong Delta, where the grain reigns supreme, is not indigenous to Viet Nam but is imported from Japan.For his last harvest, Tran Van Tho, 51, a rice farmer in An Giang Province, earned VND90 million (US$5,000) on an area of 39,000sq.m, nearly double his income from a previous harvest of local Briannoreply@blogger.com0tag:blogger.com,1999:blog-3679972290148516487.post-23514883949497486512009-07-05T04:09:00.000-07:002009-07-05T04:10:56.000-07:00Retail prices to remain stableVNBusinessNews.com - Prices of commodities in supermarkets will remain unchanged in the next few weeks, while transport companies will adjust their charges in the wake of the petrol and oil price hike of VND500-700 per litre on Wednesday.Deputy general director of Fivimart, Vu Thi Hau, said that goods prices in supermarkets would remain unchanged at least for the first half of July.Echoing Hau, Briannoreply@blogger.com0tag:blogger.com,1999:blog-3679972290148516487.post-8897272062988541792009-07-05T04:08:00.000-07:002009-07-05T04:09:31.469-07:00Sofitel Plaza voted best five-star hotelVNBusinessNews.com - Sofitel Plaza Ha Noi has been named the country’s best five-star hotel for last year. The Viet Nam Tourism Association made the award, which was aimed at honouring the best hotels and travel companies.Leading five-star hotels awards were also made to the Melia Ha Noi, the Ben Thanh-Rex Hotel in HCM City, Nikko Ha Noi, Evason Ana Mandara Nha Trang in the central province of Briannoreply@blogger.com0tag:blogger.com,1999:blog-3679972290148516487.post-49856823563146844322009-07-05T04:07:00.002-07:002009-07-05T04:08:38.321-07:00Thailand, Vietnam to join forces on rice exportsVNBusinessNews.com - Thai and Vietnamese rice exporters have agreed to co-operate to beef up their bargaining power in global markets.An agreement was signed between Chookiat Ophaswongse, president of the Thai Rice Exporters Association, and Huynh Minh Hue, secretary-general of the Viet Nam Food Association, at the 6th rice trade co-operation meeting in Phuket last week.Under a memorandum of Briannoreply@blogger.com0tag:blogger.com,1999:blog-3679972290148516487.post-37709355130165333592009-07-05T04:07:00.001-07:002009-07-05T04:07:50.365-07:00Investor relations strategies neededVNBusinessNews.com - Local companies need to implement more effective investor relations strategies to achieve success in a competitive business environment, foreign experts have said.As the Vietnamese stock market shows signs of recovery, new strategies are needed to attract more financial investment, said Alain Cany, co-chairman of the Viet Nam-EU Business Forum, speaking at a meeting held by Briannoreply@blogger.com0tag:blogger.com,1999:blog-3679972290148516487.post-18278425457443728392009-07-05T04:03:00.000-07:002009-07-05T04:06:54.337-07:00Vietnam shines when it comes to ICTVNBusinessNews.com - Viet Nam is among developing countries that stand out as a better information and communication technology (ICT) performer than its income, according to a World Bank report.In the report Information and Communications for Development 2009: Extending Reach and Increasing Impact, Viet Nam ranks the highest in performance among 35 other developing countries in the same Briannoreply@blogger.com0tag:blogger.com,1999:blog-3679972290148516487.post-48620121011847881272009-07-05T04:02:00.000-07:002009-07-05T04:03:15.801-07:00Viettel becomes telecoms hub in IndochinaVNBusinessNews.com - Military-run mobile service provider Viettel has completed expanding its cable systems to Cambodia and Laos, making Viettel a regional hub for Indochina.Several regional providers, such as Singapore’s SingTel, Australia’s Telstra and Taiwan’s Chunghwa Telecom have chosen Viettel for its network nodes in the region.Briannoreply@blogger.com0tag:blogger.com,1999:blog-3679972290148516487.post-55022870627310944522009-07-05T04:01:00.000-07:002009-07-05T04:02:25.425-07:00MobiFone to offer BizMail service to customersVNBusinessNews.com - MobiFone has signed a deal with Nokia and Microsoft to supply the BizMail service to MobiFone customers, who would be able to send and receive email messages via mobile phones.Groups of subscribers who sign up would pay a lower rate for the service.Briannoreply@blogger.com0tag:blogger.com,1999:blog-3679972290148516487.post-31867085374341628782009-07-05T03:54:00.000-07:002009-07-05T03:55:24.420-07:00100 trillion VND government bonds to be issuedVNBusinessNews.com - On 24 July, 2006, Prime Minister Nguyen Tan Dung issued decision No 171/2006/QD-TTg on issuing government bonds in the 2006-2010 period.The bonds, which will be offered in both Vietnamese dong and US dollars, are being issued to boost investment in a number of key projects.The government bonds are worth 110 trillion VND. Revenue will go to the State Treasury and be disbursed Briannoreply@blogger.com0tag:blogger.com,1999:blog-3679972290148516487.post-43080068923603385802009-07-05T03:43:00.000-07:002009-07-05T03:47:03.792-07:00Vietnam to probe flood of float glass importVNBusinessNews.com - The Ministry of Industry and Trade has decided to launch an investigation into float glass imports, which three local manufacturers say are rapidly increasing and hurting their business.Float glass is a type of glass typically used in windows, and is made by floating molten glass on a bed of molten tin.The probe, the first of its kind after Viet Nam joined the World Trade Briannoreply@blogger.com0tag:blogger.com,1999:blog-3679972290148516487.post-76034662586580613482009-07-04T14:30:00.000-07:002009-07-04T14:32:17.431-07:00Prices of goods and services tend to riseVNBusinessNews.com - Several goods and services have seen a hike in prices as a result of a recent rise in gas and oil. According to surveys, prices of some kinds of food in Hanoi went up by 5-20% in July 3rd against the end of June.Experts also blamed the a sudden increase of visitors to Hanoi recently as the national university entrance examinations take place in the beginning of Briannoreply@blogger.com0tag:blogger.com,1999:blog-3679972290148516487.post-74167402259944843102009-07-04T14:27:00.000-07:002009-07-04T14:28:36.452-07:00Dung Quat refinery delivers first batch of LPGVNBusinessNews.com - On July 4, the Dung Quat oil refinery delivered its first batch of 1,900 cubic metres (cu.m) of liquefied petroleum gas (LPG) to the domestic market.According to the General Director of the Binh Son Oil Refinery Co. Ltd, Nguyen Hoai Giang, the achievement was an important milestone, marking the completion of the refinery’s technical system.It will deliver an additional 4,900 Briannoreply@blogger.com0tag:blogger.com,1999:blog-3679972290148516487.post-57909024794601977132009-07-04T14:26:00.002-07:002009-07-04T14:27:41.720-07:00Bank risk policies back on agendaVNBusinessNews.com - Consumer credit is rapidly growing after escaping interest rate cap constraints, triggering regulators’ concerns about banks’ risk management.The State Bank last week sent a directive asking commercial lenders to assess their consumer lending systems to ensure loans have been used for the right purposes and report back by July 15.The banking system’s outstanding consumer Briannoreply@blogger.com0tag:blogger.com,1999:blog-3679972290148516487.post-2715991180090187282009-07-04T14:26:00.001-07:002009-07-04T14:26:52.054-07:00Green shoots of a recovery emergeVNBusinessNews.com - Viet Nam might have seen the bottom of the economic downturn, as second quarter gross domestic product growth illustrated the green shoots of a recovery.The Ministry of Planning and Investment (MPI) last week announced the estimated gross domestic product (GDP) over the past three months had expanded 4.5 per cent, compared with 3.1 per cent in the first quarter, raising Briannoreply@blogger.com0tag:blogger.com,1999:blog-3679972290148516487.post-1331054602955282682009-07-04T14:19:00.000-07:002009-07-04T14:30:35.249-07:00Impressive Vietnam to be extended until late 09VNBusinessNews.com - The country's tourism promotion program Impressive Vietnam will be extended until the end of this year rather than end-September to appeal more international travelers and local tourists in the high season, the Ministry of Culture, Sports and Tourism has demanded."The program is attracting fewer tourists than expected because of some reasons but we need programs like this to Briannoreply@blogger.com0tag:blogger.com,1999:blog-3679972290148516487.post-82662716175600335732009-07-04T08:16:00.000-07:002009-07-04T08:17:44.586-07:00Intel joins force with FPT to offer low-cost server leasingVNBusinessNews.com - Intel Semiconductor Ltd. Vietnam and two affiliates of FPT Group on Wednesday announced a cooperation deal to offer a full server hosting service package that can help enterprises cut cost.To subscribe to the Hire Server at Zero Dong service provided by Intel, FPT Telecom International Company and Elead Joint Stock Company, corporate clients will have to sign a contract that Briannoreply@blogger.com0tag:blogger.com,1999:blog-3679972290148516487.post-1139707282439136972009-07-04T06:00:00.000-07:002009-07-04T06:01:48.272-07:00Vietnam labour export perks up after slumpVNBusinessNews.com - Vietnam’s labour export sees signs of recovery in the remaining months of the year as domestic labour supply companies have secured recruitment orders from major labour importers after experiencing a standstill as a result of the global economic recession.The Transport Investment Cooperation and Import-Export Corporation (Tracimexco) of the Ministry of Transportation, has Briannoreply@blogger.com0tag:blogger.com,1999:blog-3679972290148516487.post-12634769432796102402009-07-04T05:56:00.001-07:002009-07-04T05:56:57.416-07:0012.65 million tonnes of oil exploited in six monthsVNBusinessNews.com - In the past six months , the total output of exploited oil and gas (equivalent to oil) reached 12.65 million tonnes, up 17% compared to same period last year, announced the Vietnam Oil and Gas Group (Petrovietnam).The figure equals to 102% of the six-month plan and meets 53% of the year’s plan. 8.18 million tonnes of crude oil and condensate were exported with a total value Briannoreply@blogger.com0tag:blogger.com,1999:blog-3679972290148516487.post-82326147172069946412009-07-04T05:53:00.002-07:002009-07-04T05:54:30.819-07:00Vinh Phuc ranks 5th nationwide in investment attractionVNBusinessNews.com - Since early this year, the northern province of Vinh Phuc has drawn more 40 new investment projects with US$136.7 million in capital, ranking 5th nationwide in investment attraction.Among these new projects, 5 with Foreign Direct Investment (FDI) have a capital of US$80.5 million. Up to now, the province has seen over 400 projects with a total capitalisation of US$2 billion, Briannoreply@blogger.com0tag:blogger.com,1999:blog-3679972290148516487.post-76754444835660314782009-07-04T05:53:00.001-07:002009-07-04T05:53:51.242-07:00Vietnam and Switzerland trade relations develop wellVNBusinessNews.com - Economic and trade relations between Vietnam and Switzerland have developed firmly despite the impact of the global financial crisis, according to figures released by the Vietnamese commercial office in Switzerland.By the end of 2008, Switzerland ranked 19th among countries and territories investing in Vietnam with 61 projects, estimated at US$1.38 billion in total investmentBriannoreply@blogger.com0