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BUSINESS IN BRIEF 9/10

 WB forecasts Vietnam GDP at 5.3 percent in 2013; FPT Company among top 500 global IT companies; Vingroup seeks to lure property buyers; Refinery investment to double

BUSINESS IN BRIEF 3/10

 Vietnam attracts US$15 bil of FDI in nine months; US$450 million poured into mining exploration in Laos; Manufacturing sector grows in September; Biotechnology prioritised in science, tech development

BUSINESS IN BRIEF 1/10

 Ornamental fish make profit splash; Car makers take early imports turn; Rubber exports hit $1.68b in first 9 months of 2013; Agro-forestry-fishery exports outstrip $20b mark

Restoring order in shrimp material export: An urgent need

 VietNamNet Bridge – Massive Chinese buy-ups of pre-processed shrimp for export and processing at home have left the processing and export market in disarray.

BUSINESS IN BRIEF 26/9

 Monetary policy for 2011-2013 period; Public investment to be tightened; Slow reforms drag bank-risk profiles; HCM City bid to thaw frozen property market

BUSINESS IN BRIEF 25/9

 September CPI up 1.06%; Saigon Co.op listed among top 500 Asian retailers; Vietnamese business forums to be held in Paris, Milan; Nine-month ODA disbursement hits US$3.1 billion

BUSINESS IN BRIEF 22/9

 Motorshow 2013 to be launched in HCM City; Vietnam,Turkey aim for US$3 billion trade turnover by 2015; Farmers apprehensive before new sugarcane season

BUSINESS IN BRIEF 21/9

 Local companies need x-factor to hit Indonesian market; Food processing industry given financial support; Can Tho eyes hi-tech incubator; August trade surplus hits US$176m

BUSINESS IN BRIEF 19/9

 Port premises find investor; Hanoi’s office supply to double in 2017: CBRE; Loan-to-deposit ratio slightly declines; VAMC targets more bad debts

BUSINESS IN BRIEF 12/9

 Production, business sectors pay more tax; Kumho plans $100m spend in Viet Nam; Vietnam flaps its air-transport wings; Shiseido Vietnam builds US$30 million plant in Dong Nai

Vietnam’s farm produce exports remain precarious

The export prices have been unstable. The main export items such as rice, coffee and rubber have seen the export volumes drop sharply. As for seafood exports, shrimp are the only products seeing growth, while tuna and catfish exports have gone down.

BUSINESS IN BRIEF 30/8

 Foreign banks offer syndicated loan to BIDV; Singapore’s imports from Vietnam continues increasing; Imported vegetable oil subject to CVDs; Vinamilk exports top $136m

BUSINESS IN BRIEF 25/8

Petrolimex official admits profits fall short of target; Viet Nam fishing for seafood sector development; Gloom in construction material market; Thai firm to build thermal power plant in Quang Tri

BUSINESS IN BRIEF 19/8

 Local firm wants to take over Nam Can Port; Rice traders fret over extra conditions for export; Expressway toll collection right to be transferred in Dec; Realty developers asked to make reports frequently

FDI drips into Mekong Delta

 VietNamNet Bridge - The Mekong Delta has seaports and international airports, but due to its poor transport infrastructure and low labor skills, foreign investors do not want to pour capital into the region.

BUSINESS IN BRIEF 15/8

 Renewing procedures for FDI attraction; US imposes import duty on Vietnamese shrimp; Deals worth 17 bln VND inked at EWEC fair; Money supply rises 5.3% in H1

BUSINESS IN BRIEF 7/8

 Ministry suggests sugar import quota auction; FIEs occupy two-thirds of nation’s exports; July manufacturing PMI reflects shrinking demand; SBV sells more 26,000 taels of gold

BUSINESS IN BRIEF 6/8

 Consumer goods producers fare well; Plastic exports continue to rise; Exporters eager to follow Phu Quoc; Vietnamese market falls back in world index; One in, one out on HCM City exchange

Excellent openings for Vietnam to boost shrimp exports have come

While Vietnam has successfully handled with the shrimp EMS (early mortality syndrome), the epidemic has been spread out in many countries, including Thailand. This could be the golden opportunity for Vietnam to become the biggest shrimp exporter.

BUSINESS IN BRIEF 4/8

 Vietnam, Hong Kong develop Gulf of Tonkin economic belt; Dung Quat refinery performs well in seven months; Coffee replanting slow over lack of detailed plan; Gold custody service available at 12 banks