tag:blogger.com,1999:blog-47687811420058788512009-03-06T16:05:18.773-08:00Keep up to date by using the <a href ="http://blog.doingbusinessinvietnam.com/feeds/posts/default" > <u>Site Feed</u></a> &nbsp; &nbsp; | &nbsp; &nbsp; <a href ="http://blog.doingbusinessinvietnam.com"> <u>HOME</u></a><br><br><br>Site Adminnoreply@blogger.comBlogger252125tag:blogger.com,1999:blog-4768781142005878851.post-3472503083904758802008-06-10T17:13:00.000-07:002008-06-10T19:38:01.555-07:00

Vietnam’s real estate transparency index has improved, said experts of Jones Lang Lasalle, one of the world’s leading groups in real estate service and market research, at a press conference announcing the group’s presence in Hanoi.This group will release its report on the real estate transparency index 2008 next week.Christopher Fossick, Jones Lang Lasalle’s Southeast Asian Managing Director,

Site Adminnoreply@blogger.com2tag:blogger.com,1999:blog-4768781142005878851.post-19679628175267116342008-06-05T21:52:00.000-07:002008-06-10T19:36:21.881-07:00

Investors continued to hold back on their trading, pushing the VN-Index even further past the 400-point mark on June 6.VN-Index closed down 1.41 percent on June 5 at a stunning 390.08. Trading revenue stayed at 70.07 billion VND (4.38 million USD) with 2.43 million shares changing hands, representing a slight increase of 12.85 percent over the June 4 session.Only eight codes managed to gain

Site Adminnoreply@blogger.com0tag:blogger.com,1999:blog-4768781142005878851.post-57244587539624799282008-06-03T15:58:00.000-07:002008-06-10T19:37:03.290-07:00

Vietnam has emerged as the most attractive emerging market destination for retail investment, said A.T. Kearney, the world leading management consulting firm.This was shown in the seventh annual Global Retail Development Index™ (GRDI), a study of retail investment attractiveness among 30 emerging markets conducted by A.T. Kearney.According to the study, Vietnam's leap from fourth in the 2007 GRDI

Site Adminnoreply@blogger.com0tag:blogger.com,1999:blog-4768781142005878851.post-30860916239839941872008-05-28T22:18:00.000-07:002008-06-01T20:36:56.841-07:00

The registration fee policy, which aims to recognize and protect the ownership of assets, has become unsuitable to the new circumstances. The Ministry of Finance has proposed that the Government to amend the policy.Car registration fee increase proposedBurden on the poor, nonsense to the richRegistration fees have become a burden on people, especially poor people. Under the current regulations,

Site Adminnoreply@blogger.com0tag:blogger.com,1999:blog-4768781142005878851.post-56124646337653236172008-05-21T07:26:00.000-07:002008-05-21T07:31:59.167-07:00

A very good artible on the Far Eastern Economic Review published this month by Jonathan Pincus and Vu Thanh Tu Anh. Mr. Pincus is chief economist of the United Nations Development Programme in Vietnam and Mr. Vu is an economist with Harvard University's Vietnam Program.____________What a difference a year makes. Early last year, a spate of stories appeared in the international press proclaiming

Site Adminnoreply@blogger.com0tag:blogger.com,1999:blog-4768781142005878851.post-4570941266204467692008-04-23T15:57:00.000-07:002008-05-21T07:32:49.699-07:00

Trading boards of both southern and northern bourses today were overwhelmed in red as a majority of stocks listed were decliners.As many as 105 stocks listed on the southern bourse, or two thirds of the total 154 listed stocks, dropped while only 37 gained and 12 others stayed still. The VN-Index closed at 530.62, down 0.8% or 4.3 points. Trading volume continued to reduce with only 4.2 million

Site Adminnoreply@blogger.com0tag:blogger.com,1999:blog-4768781142005878851.post-41836576369657954012008-04-17T20:58:00.000-07:002008-05-21T07:33:27.287-07:00

Foreign direct investment (FDI) is increasingly flowing into the local real estate market at a time local investment in this sector is dwindling due to the tightening monetary policy, according to a forum last week in Danang City.At the international forum on real estate development over the weekend in the central coast city, many said restrictions on bank loans for local developers have given

Site Adminnoreply@blogger.com0tag:blogger.com,1999:blog-4768781142005878851.post-29844498348284372712008-04-03T21:31:00.000-07:002008-05-21T07:34:05.910-07:00

The Director of Indochina Capital Fund (ICF) said while the recent declining stock market has negatively impacted on the fund, it has also created bigger opportunities for the company to continue investing in Vietnam.ICF Director Thomas Ngo has announced that the company will invest 200 million USD in private Vietnamese companies who are facing difficulties in mobilising capital due to sharp

Site Adminnoreply@blogger.com0tag:blogger.com,1999:blog-4768781142005878851.post-66696297136095153702008-03-27T18:45:00.000-07:002008-05-21T07:55:04.294-07:00

Vietnam has a legal system on land-related issues but its land transparency is said to be the lowest in the world.Speaking at a workshop on the Estate Registration Law, Nguyen Thuy Hien, a senior official of the Ministry of Justice, said the real estate market is developing rapidly but the state can’t control market fluctuations so this market always has latent instabilities.“Black” deals make

Site Adminnoreply@blogger.com0tag:blogger.com,1999:blog-4768781142005878851.post-30332379917670931372008-03-22T16:16:00.000-07:002008-05-21T07:56:14.095-07:00

Vietnam has great potential for achieving a high economic growth, but needs to curb inflation and maintain sustainable development in an effective way, said Paul Sarbanes, former chairman of the US Senate Committee on Banking, Housing and Urban Affairs and co-author of Sarbanes-Oxley Act.Mr Paul made the remarks at the ninth Asian Banker Summit 2008 held in Hanoi on March 17-18. “It’s really a

Site Adminnoreply@blogger.com0tag:blogger.com,1999:blog-4768781142005878851.post-57128905732828230272008-03-17T14:30:00.000-07:002008-05-21T08:00:10.382-07:00

Vietnamese companies have been heavily criticised for attaching themselves to the dollar in making payments for export deals, due to which they have been suffering when the dollar devaluates. In response, the companies said that it is not easy to change the custom of using dollars in making payments overnight.Rooted habitAccording to the Forex Management Department under the State Bank of Vietnam

Site Adminnoreply@blogger.com0tag:blogger.com,1999:blog-4768781142005878851.post-38843339328185467492008-02-05T20:39:00.000-08:002008-05-21T07:57:25.421-07:00

During a recent meeting of the Government to review the socio-economic situation for January, cabinet members were unanimous that January’s economic growth rate remained high, while the Consumer Price Index (CPI) soared.According to a survey of the Hong Kong and Shanghai Banking Corporation, small and medium-sized enterprises in Asia were continuously optimistic about the prospects of economic

Site Adminnoreply@blogger.com0tag:blogger.com,1999:blog-4768781142005878851.post-91244734488032038362008-02-04T20:46:00.000-08:002008-05-21T07:58:25.909-07:00

Foreign investment has made a strong impact on various fields of Vietnam’s economy over the past 20 years. However, there remains a number of problems to be resolved in order to effectively use foreign direct investment (FDI).According to the Foreign Investment Department under the Ministry of Planning and Investment, so far 82 countries and territories have invested in Vietnam with a total

Site Adminnoreply@blogger.com0tag:blogger.com,1999:blog-4768781142005878851.post-70984257328650341822008-01-28T18:43:00.000-08:002008-05-21T07:59:10.584-07:00

Experts warn that if all automobile joint ventures import cars to sell rather than manufacturing them, Vietnam will not have its own automobile industry.Mercedes Benz Vietnam has announced it received a license to import cars for domestic consumption. Experts say this might ignite a new trend for existing automobile joint ventures to import cars to sell instead of investing in manufacturing.Under

Site Adminnoreply@blogger.com0tag:blogger.com,1999:blog-4768781142005878851.post-14331422482305577252008-01-28T12:13:00.000-08:002008-01-29T12:52:49.713-08:00

The Board of Governors of the American Chamber of Commerce in Vietnam (Ho Chi Minh City) has elected a new chairman, Mr. Jim Andrew, of ConocoPhillips Vietnam.In outlining his vision for the organization, Mr. Andrew stressed the need to continue the dynamism of AmCham. "We want to build on the momentum we have developed in recent years, particularly now that Vietnam is a member of the World Trade

Site Adminnoreply@blogger.com0tag:blogger.com,1999:blog-4768781142005878851.post-78935528531582871982008-01-27T09:23:00.001-08:002008-01-27T09:24:08.724-08:00

Experts, State officials, and entrepreneurs all think that Vietnam will be heavily influenced by the US economic recession.Vietnam, and especially textile and garment companies will not be safe from the US economic recession. It is expected that in 2008, the US market will consume 55% of Vietnam’s total garment exports.As the US economy falls further into difficulty, Vietnamese exporters have to

Site Adminnoreply@blogger.com0tag:blogger.com,1999:blog-4768781142005878851.post-9689599898227758312008-01-25T20:24:00.000-08:002008-01-27T09:08:17.446-08:00

California-based Good Choice USA last week got an official investment certificate to develop a $1.3 billion Disneyland-style them park in the coastal town of Vung Tau, near Ho Chi Minh City.It is a move that Good Choice, one of the affiliates of leading US real estate and investment firm Platinum Dragon Empire Incorporated (PDE), considered “very significant” for its project development.The Vung

Site Adminnoreply@blogger.com0tag:blogger.com,1999:blog-4768781142005878851.post-50016677046252998532008-01-24T15:40:00.000-08:002008-01-24T15:56:34.294-08:00

Dow Jones said last week the company was looking into incorporating Vietnam into its global listing of stock indexes.“Vietnam is on our priority list for market expansion,” said Sybille Reitz, a Dow Jones spokeswoman who visited the offices of Dau Tu (Investment) and Vietnam News newspapers last Thursday and Friday.International investors are looking to diversify their investment portfolios by

Site Adminnoreply@blogger.com0tag:blogger.com,1999:blog-4768781142005878851.post-65930657907673594842008-01-09T10:37:00.000-08:002008-01-18T22:32:50.578-08:00

Right after the country joined the World Trade Organisation, the pharmaceutical industry became a magnet to draw in foreign investment with 58 new foreign businesses in 2007 alone.The Health Ministry reported that it has, by the end of October 2007, licensed 370 foreign businesses engaged in the making of medicines and drug materials with Chinese, Indian and Pakistani entrepreneurs making up the

Site Adminnoreply@blogger.com0tag:blogger.com,1999:blog-4768781142005878851.post-34775997196694775672008-01-03T22:18:00.000-08:002008-01-03T22:25:53.126-08:00

The State Securities Commission (SSC) has approved the 13 independent auditing firms below to provide auditing services for securities issuers, listed firms and securities companies in 2008.They are:1. CA&A Consultant and Auditing Company Limited2. Auditing and Accounting Services Company Limited (AASC)3. Vietnam Auditing and Accounting Consultant Company Limited (AVA)4. Dat Viet Auditing and

Site Adminnoreply@blogger.com0tag:blogger.com,1999:blog-4768781142005878851.post-45614205844551131262007-12-31T16:25:00.000-08:002007-12-31T17:23:07.786-08:00

In less than 7 hours, I'll be ringing in the New Year in California. Those of you who are in Vietnam have already celebrated yours and are probably just waking up to the New Year (or maybe not.) As I wait to pop the champagne, let's take a quick look at what Vietnam has accomplished this year and see what needs to be done in 2008.2007 has been a great year for Vietnam and there is much to

Site Adminnoreply@blogger.com1tag:blogger.com,1999:blog-4768781142005878851.post-36893821454853195062007-12-27T22:18:00.000-08:002007-12-28T07:02:23.674-08:00

Vietnam's exports to the US is expected to reach US$13.1bil in 2008, an increase of 28% over 2007. Vietnam's revenue from exports to the US increased by 39% this year to $10.2bil.The 2007's growth rate came mostly from items such as clothing, seafood, wood products, coffee, and footwear.The garment sector currently takes up the lion's share of Vietnam's exports, with a value of $4.4bil. Next

Site Adminnoreply@blogger.com0tag:blogger.com,1999:blog-4768781142005878851.post-50367980945269592812007-12-22T09:58:00.000-08:002007-12-22T10:02:09.494-08:00

As many as 9,473 have registered to buy over 122.2 million shares of the Bank for Foreign Trade of Vietnam at its initial public offering scheduled for December 26.Of these, 45 foreign organizations have registered to buy nearly 39.9 million shares while 207 foreign individuals have ordered to buy nearly 805,000 shares.In total, foreigners ordered to buy nearly 40.7 million shares, accounting for

Site Adminnoreply@blogger.com0tag:blogger.com,1999:blog-4768781142005878851.post-59091840861886433912007-12-13T15:25:00.000-08:002007-12-22T09:17:32.251-08:00

Construction and property firm DESCON (DCC) listed on the Ho Chi Minh City Stock Exchange on December 12, becoming the bourse’s 130 th member.The price reference on its opening day was 62,000 VND, and the stock closed at 69,000 VND after clocking volumes of over 326,000.DCC has a charter capital of 103 billion VND with the State holding 5.53 percent and its staff 14.7 percent. A foreign

Site Adminnoreply@blogger.com0tag:blogger.com,1999:blog-4768781142005878851.post-67011307025567185412007-12-13T15:23:00.000-08:002007-12-22T10:25:14.571-08:00

When regulations on foreign stock market investors will be put into effect?? Government officials were unable to provide an answer.The Ministry of Finance announced at the beginning of this year that draft regulations had been completed, but for some reason, the document that should have been enacted mid-year has yet to be ratified.According to Chairman of the State Securities Commission (SSC),

Site Adminnoreply@blogger.com0