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Vietnam Business Finance News

Vietnam Business Finance News
Daily Business and Finance News In Vietnam. Information for Successful Investment
Articles: 1, 2, 3, 4, 5, 6

Articles

Ca Mau seafood company allowed to run business in US
2008-01-20 15:16:00
The Ca Mau Seafood Joint Stock Company has been licensed to invest 900,000 USD in setting up an importing and distributing seafood business in the US . The company, with charter capital of over 100... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
More About: Business , Allo
Hai Phong to upgrade airport
2008-01-20 13:53:00
Cat Bi International Airport should be able to receive up to 2 million travellers and 17,000 million tonnes of cargo a year by 2015, according to new plans announced on Tuesday. Vu Duy Mat, Head of... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
More About: Services
More oil struck at Black Lion site
2008-01-20 13:52:00
Thang Long Joint Operating Co discovered a new oil field at the Block 15-2/01, Hai Su Den (Black Lion ) site, some 60km offshore southern Binh Thuan and Ba Ria - Vung Tau provinces. The volume of the... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
More About: Site , Industries
Khanh Hoa lands $230 million beach resort
2008-01-20 13:51:00
T&M Van Phong Investment and Tourist Joint Stock Co will build a beach resort and entertainment complex at a cost of VND3.72 trillion (US$230 million) in the Van Phong Economic Zone in the... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
More About: Services , Beach , Property , Million , Resort
Companies bond for improved services
2008-01-20 13:49:00
German-based TUVRheinland Viet Nam have signed a co-operation agreement with Philippines-based ECC International (ECCI) to affirm their long term commitment to provide further technical assistance to... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
More About: Companies , Services , Bond , Industries
FPT provides software to EVERON
2008-01-20 13:48:00
FPT Information System Company has signed a US$300,000 contract to provide business administrative software to the wholly foreign-owned Everpia Viet Nam Company (EVERON) from South Korea. Under the... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
More About: Software , Business
HSBC says farewell to Viet Nam?s first ATM
2008-01-20 13:45:00
HSBC in Viet Nam organised a "retirement ceremony" and granted "twelve years of service" for HSBC?s and Viet Nam?s first ATM on Thursday. Coming into service 12 years ago as a pioneer service by... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
More About: Finance , Farewell
Vietnam plans stable rice sales, higher price
2008-01-20 06:27:00
Vietnam, the world?s second-largest rice exporter, will keep grain shipments unchanged this year at 4.5 million tonnes because its cultivation area has been shrinking, an industry official said on... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
More About: Business , Vietnam , Sales , Agriculture , Rice
US$ 1.3 billion tourism park project licenced
2008-01-19 16:17:00
Good Choice USA-Vietnam Ltd.Co has been recently approved by the Ba Ria- Vung Tau People?s Committee to carry out construction of a tourism park worth nearly US$ 1.3 billion. The park under the... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
More About: Services , Tourism , Property , Project , Park
Investment in 80 hydroelectric projects in Kon Tum
2008-01-19 16:15:00
The Central Highlands province of Kon Tum now has 80 small- and medium-sized hydroelectric projects worth around VND 9,000 billion with the capacity of 448 MW. The projects have been applied by local... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
More About: Projects , Investment , Industries
Shoemakers target 4.5 billion USD in exports
2008-01-19 15:50:00
Viet Nam expects to earn 4.5 billion USD from footwear exports this year, an increase of 15.4 percent over last year, according to the Viet Nam Leather and Footwear Association (Lefaso). The... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
More About: Business , Target , Exports , Billion
SAS flies cargo into Ho Chi Minh City
2008-01-19 15:48:00
The Seandinavian Airlines Cargo System announced the launch of its services in the Viet Nam ?s air cargo market at a meeting with customers in Ho Chi Minh City on January 17. Air cargo will be... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
More About: Industries , Flies
China?s Hon Hai Funds Ha Noi University $5 mln for Training Work Force
2008-01-19 12:14:00
Taiwan's top electronics parts manufacturer, Hon Hai Precision Industry Company, which plans to boost its investment in Viet Nam to US$5 billion, yesterday pledged to give US$5 million to the Ha Noi... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
More About: China , University , Investment , Training , Work
Overseas investment to rise in 2008
2008-01-19 11:41:00
The Foreign Investment Agency under the Ministry of Planning and Investment said that Vietnam?s overseas investment this year may reach US$500 million, up 20% over 2007. Not satisfied with its... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
More About: Rise , Overseas , 2008
FX rate rises despite Vietnam's central bank soaking up dollars
2008-01-19 05:32:00
Although the State Bank of Vietnam (SBV) on January 15 announced that it would purchase extra US dollar in to solve difficulties for foreign indirect capital flow into the stock market and also deal... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
More About: Finance , Central , Dollars , Rate
Bank card market takes quantum leap
2008-01-19 05:31:00
The domestic bank card market in 2007 grew a staggering 137% over the previous year as more Vietnamese people are switching to using the plastic to pay for goods and services. Central bank figures... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
More About: Finance , Card , Market , Bank , Quantum Leap
Ericsson Vietnam company debuts
2008-01-18 15:20:00
Ericsson Group on January 18 officially announced the establishment of Ericsson Vietnam Joint-stock Company , becoming one of the world?s leading telecom groups to set up a company here. With... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
More About: Business , Investment , Ericsson
US insurer gets go-ahead for expansion
2008-01-18 15:17:00
The US?s Liberty Insurance Ltd. has received approval from the Ministry of Finance to launch three more products in Vietnam. These include insurance for state-owned companies, individual Vietnamese,... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
More About: Business , Expansion , Ahead
State Bank loses employees
2008-01-18 15:11:00
Hundreds of qualified staff of the State Bank of Vietnam (SBV), including senior officials, have asked to quit. Why? Agency Head quits The first agency head to quit was Kieu Huu Dung, Head of the... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
More About: Finance , Employees
Drop in local gold prices forecast to be short-term
2008-01-18 13:17:00
Local gold prices yesterday slumped from a record high of around VND500,000 per tael, while buying and selling prices fluctuated around VND17.05-17.18 million (US$1,093-1,073) per tael. The price is... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
More About: Business , Finance , Gold , Local , Short-term
Ecotourism in U Minh Ha
2008-01-18 11:58:00
A peaceful retreat of the Mekong Delta can be found in U Minh National Park, where visitors can canoe, trek through the forests, and taste local honey. U Minh National Park in the southernmost... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
More About: Services , Ecotourism
Formosa Unit Plans US$6 Billion Steel Plant In Vietnam
2008-01-18 11:54:00
A unit of Taiwan's Formosa Plastics Corp. and the island's Sunsteel Corp. are planning to build a US$6 billion steel complex in Vietnam 's Ha Tinh province, a media report said Friday (18... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
More About: Investment , Industries , Plans , Steel
Remittances Into Vietnam +21.7% To Record $5.6 Billion
2008-01-18 11:53:00
Vietnamese living and working overseas repatriated a record $5.6 billion in remittances last year, up 21.7%, state media said Friday, citing a government official. "Total remittances were up by more... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
More About: Finance , Vietnam , Record , Billion , Cord
Vietnam still largest pepper exporter in 2008
2008-01-18 11:33:00
According to the Vietnam Pepper Association, the country will continue to be the world largest pepper exporter this year. The prediction is based on the association?s survey showing that central... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
More About: Agriculture , Largest , 2008
ABBANK launches Vietnam?s first all-purpose credit card
2008-01-18 11:29:00
Ho Chi Minh City-based An Binh Joint-Stock Bank (ABBANK) Thursday introduced Vietnam 's first all-purpose credit card. With the YOUcard, owners can conduct transactions at all 5,000 ATM machines and... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
More About: Finance , Card , Credit , Credit Card
Fool?s gold: expert cautions rash gold rush
2008-01-18 11:26:00
The global gold price Wednesday decreased by US$27 to $880 per ounce compared with Tuesday. Domestic gold correspondingly dropped by VND310,000 ($19.4) to VND17.27 million ($1,081) per tael. Huynh... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
More About: Finance , Gold , Fool , Rush , Expert
New regulations to open branches for non-banking institutions
2008-01-18 11:25:00
Finance and finance leasing companies that want to expand by opening new offices must prove they have operated in Vietnam for at least a year, under new guide-lines announced by the Central Bank. To... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
More About: Finance , Open , Banking , Regulations , Institutions
Viet Tien garments company export US $263 million worth of products
2008-01-18 11:23:00
The Viet Tien Garments Company , despite difficulties in consumption markets, managed to exports US $263 million worth of products in 2007 thanks to their maintaining of trust from its customers as... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
More About: Business , Products , Worth , Export
Viet Nam-Cambodia trade set to increase 27%
2008-01-18 11:20:00
Viet Nam and Cambodia have set a target of increasing their two-way trade by 27% to 2.3 billion USD by 2010 and to 6.5 billion USD five years later. These targets were released at a Viet... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
More About: Business , Trade , Viet
Viet Nam Steel sets 2008 targets
2008-01-18 11:19:00
The Viet Nam Steel Corporation targets to produce 900,000 tonnes of pig iron in 2008 , up 13.5% over last year, the corporation announced on Monday. It also hopes to produce 2.35mil tonnes of steel... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
More About: Sets , Industries
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