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VN phone manufacturers determined to fight to the finish

Vietnamese mobile phone brands can be compared with a mass of vegetable sprouts. Seeds have been sowed on the fertile soil and sprouts have been springing up like mushroom. However, the sprouts would fall down just after a rain.

Vietnam boosts unseasonable fruits to avoid direct confrontation

 VietNamNet Bridge – Vietnamese exporters have been trying to squeeze into foreign markets by exporting unseasonable fruits to avoid other redoubtable rivals.  

BUSINESS IN BRIEF 13/8

 Domestic powdered milk firms buoyant; Banks yet to give gold custody services; City builds special zone for Japan engineering SMEs; Bank restructuring takes center stage at M&A forum

Vietnamese farmers give up farming to trade Chinese produce

 VietNamNet Bridge – Most of the people in the Vo Cuong ward of Bac Ninh province have given up farming and shifted to trade Chinese farm produce which can bring higher profits to them.

BUSINESS IN BRIEF 27/7

 Samsung exports three times higher than city’s IPs, EPZs; Policy incentive boost for high tech projects; Piaggio Vietnam’s test track system opened; Japan retailer Nojima enters local electronics market

Japanese market’s door locked to Vietnamese rice

 VietNamNet Bridge – Vietnam once exported 30,300 tons of rice to Japan in 2012. However, the door to the market has still been closed to Vietnamese exporters. Not one ton more has been exported since then.

Supplemental nutrition drink manufacturers enter a new race

 VietNamNet Bridge – While the battle among green tea manufacturers is described as a noisy fight, the competition among supplemental nutrition drink manufacturers has been going quietly, but very fiercely.

BUSINESS IN BRIEF 17/7

 Pepper exports soar but stocks left bare; Further questions asked of Metro sturgeon origin; Further questions asked of Metro sturgeon origin; Crop rotation key to southern agricultural success

Yoghurt will re-map dairy market

The Vietnamese yoghurt market in 2012 was worth VND5.7 trillion, while the figure is expected to soar to VND12.4 trillion in 2013. This is the most attractive market segment of the dairy industry.

BUSINESS IN BRIEF 15/7

 Diseases ravage shrimp farms in several provinces; US grants FDA certificate to Vinamilk; Sugar inventory running high as export deadline over; EZs, IPs database to be finalized

The enigmatic silence on the foreign currency market

The state management agencies kept silent when something unusual happened in the foreign currency market. As a result, people had no other choice than making a wild guess about the market prospect.

Dying village: Groping on the path of integration

The President of Vietnam Craft Villages Association said the sense of artisans is limited and they do not have a global vision, while the artisans complained that they were not supported by the state so they could do business only on emotions.

Dying craft villages

 VietNamNet Bridge – Craft villages – the door out of poverty for rural workers - are dying or their names are only in the memory.

Volatile market provides chance for overseas investors to cash-in

 Despite the domestic stock market being shaken by sizeable withdrawals of foreign capital, many analysts believe Viet Nam will remain an attractive destination for foreign investors.

The shirt gets tighter for fashion manufacturers

 VietNamNet Bridge – Vietnamese fashion brands have got worn out in the rivalry with the word’s famous brands -- to scramble the cake worth $3 billion.

Vietnam’s mobile service market gets overly hot

 VietNamNet Bridge – The Ministry of Information and Communication has decided to amend a series of policies to drive the mobile service market to a more sustainable development.

Goods and services for children – the $5bil. market

 VietNamNet Bridge – The market of goods and services for children is really a big cake for every enterprise, which is worth $5 billion. But it has not fully exploited by domestic enterprises.

CBU car imports to see prices plummet from 2014

 VietNamNet Bridge – The cars to be imported from ASEAN countries under the mode of complete built units (CBU) would reduce to 50 percent from 2014.

BUSINESS IN BRIEF 23/6

 Inter-bank interest rates stay low; Customs formality highly lamentable; HPT, Microsoft clinch strategic deal; Falling demand forces Vinacomin to ease coal production

Rescue the rich or the poor?

The voice of the farmers does not have a rightful place in policies. Inequality in giving the State's priority and support for the agricultural sector compared with other sectors still exists, commented VietNamNet’s readers.