investment

Update news investment

BUSINESS IN BRIEF 26/3

S’pore investor sells golf course stake to local partner; HCM City calls for investors into wastewater project; Handicraft exports to hit US$1.6 bln in 2013; RoK, Japan to build a thermal power plant in Vietnam

Mobile network operators still turn their back to free messaging apps

VNG, Line and some other content service providers affirmed that they have suggested operation projects with the big mobile network operators in Vietnam, but they have not got any replies from the operators.

TV enterprises try to block telcos’ way

The strong infrastructure system and the experience in market development of telecom groups will make them the redoubtable rivals to the existing cable TV service providers, including the national VTV.

Turning garbage into useful products

With the MBT-CD.08 technology, the Hanoi-based Hydraulic Machinery company can turn garbage into useful products such as unburned bricks, fuel pellets and PO oil.

The absurd multi-billion dong projects

A lot of projects with the estimated investment capital of tens or hundreds of billions of dong have been proposed, while people have to think twice before spending any dong.

The secrets of ATMs

Commercial banks all complain that they have been incurring with ATM services, but they still keep developing ATM services.

Laws create the bans, but don’t stipulate punishments

The Enterprise Law and relating laws stipulate that enterprises must not use the same names registered before by other enterprises. However, it does not mention how to punish the violators.

Small banks have to become big to exist

The steps taken today in the bank restructuring process would decide the face of the Vietnamese banking system in the next three years.

BUSINESS IN BRIEF 14/3

Kien Giang pulls plug on projects; Investor punished for manipulation; Investors favour Treasury bonds; Packing company seeks to delist; Draft decree on derivatives; An Binh Bank sells treasury stocks

Vietnam moves ahead with the plan to build first science museum

Once operational, the Dong Nai Science Museum would be the first science museum in Vietnam to be built with the estimated expenses of $70 million.

In economic recession, Vietnamese still spend money on luxurious cars

While other industrial businesses complain about the big inventories, car dealers seem to be unhurt by economic difficulties, seeing the car sales increase steadily.

BUSINESS IN BRIEF 12/3

Samsung taxed by review plan; Bright forecast for textile industry; US$112 million ADB loan for agricultural development; Price adjustments feared to fuel inflation: survey

BUSINESS IN BRIEF 10/3

Mekong Delta rice exports up 18 percent; Trade with Bangladesh down; Real estate giant VinGroup hits record revenue; Province to revoke 8 mining licences; New opportunities for US investors

As fortunate as SCIC

Deposit interests and dividends were the two main sources of income for the State Capital Investment Corporation (SCIC).

BUSINESS IN BRIEF 8/3

Inflation may return if monetary policy is loosened; Vietnam among world’s top 3 in export growth; Vietnam joins TPP talks in Singapore; Korean bank CEO honoured with Friendship insignia; Purchase power still slow after Tet

Vietnam – the paradise for 3G users

VietNamNet Bridge – Being a developing country, Vietnam has the 3G telecom infrastructure conditions equal to that of developed countries in the world.

It’s the age of food courts

Restaurants clearly can bring fat profits to the investors. However, the restaurants need to be managed in a professional way. The model of “food court” is now dominating

SCIC seeks to acquire non-core stakes of State groups

Efforts by State-owned groups and corporations to withdraw from non-core businesses may be given a boost if the Prime Minister approves a proposal by the State Capital Investment Corporation to acquire such stakes.

BUSINESS IN BRIEF 27/2

Sugar makers hope to cut stockpiles; Ha Noi posts 3.3% boost in import turnover; Japanese banks finance highway project in Viet Nam; US still largest importer of Vietnamese seafood

BUSINESS IN BRIEF 23/2

Credit growth negative for last two months; Economy faces risk of further lagging; VND800 bil. for Truc Lam Yen Tu; Fuel firms still reporting losses; Petrolimex speeds up restructuring