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Monthly Archives: June 2014

Businesses eye additional incentives to boost productivity

Businesses eye additional incentives to boost productivity In a survey, unfamiliar businesses gave high ratings to Viet Nam’s domestic fortitude and improved business environment, observant these were critical factors, that dynamic either they should lift out investment projects here.— VNA Photo HA NOI (VNS) — Domestic and unfamiliar businesses wish incentives from a Government and ... Read More »

ICT use marketplace grows by 10 per cent

ICT use marketplace grows by 10 per cent IDC expects IT services spending front a banking zone to lapse to a healthy lane with direct for new core banking and large information projects.— Photo quantrimang HCM City (VNS) — Despite macroeconomic challenges, spending in Viet Nam for IT services increasing 9.9 per cent to US$446 million in 2013, according to ... Read More »

Experts doubtful about Formosa’s SEZ proposal

VietNamNet Bridge – Local experts have expel doubt on a new offer by Hung Nghiep Formosa Ha Tinh Steel Company for substantiating a special mercantile section (SEZ) for steel and iron attention enjoying a many favoured incentives ever. A Hai Quan (customs) journal news says a Taiwanese-invested association has created to Deputy Prime Minister Hoang Trung Hai seeking capitulation to ... Read More »

Laos hydropower plant threatens Vietnam’s Mekong

VietNamNet Bridge – Experts in Vietnam continue to voice their worries about a Lao government’s integrity to build a Don Sahong hydropower dam on a Mekong River. “It will be a vital hazard to Vietnam’s Mekong River delta,” pronounced Dr. Pham Bich San, Deputy Secretary General of a Vietnam Union of Science and Technology Associations (VUSTA), adding that a dams ... Read More »

M&A skill deals on ceiling trend

Merger and merger (MA) deals in a genuine estate marketplace are on the rise. Economic experts were quoted by a Vietnam Business Forum Magazine (VBF) as observant that a enlarged lifeless skill market had supposing copiousness of MA opportunities for companies with strong financial resources. The pointy boost in MA skill deals during marketplace liberation has reflected a clever lift ... Read More »

Conference seeks to boost exports to Middle East

Domestic experts have highlighted good intensity and opportunities for the trade of construction materials and wooden products to a Middle East during a discussion recently hold in Ho Chi Minh City. Tran Quang Huy, Director of a African and West and South Asian Market Department underneath a Ministry of Industry and Trade, stressed a Middle East is in really high ... Read More »

Quang Ngai-based industrial park appealing to investors

The Vietnam-Singapore Industrial Park in executive Quang Ngai province (VSIP Quang Ngai) has captivated 7 investors notwithstanding a fact that its construction was only started final September. These projects concentration on shoes and mantle production and food processing and are approaching to beget jobs for some-more than 11,000 local residents. Three investors have begun building their factories in a IP ... Read More »

Nam Dinh city celebrates 60 years of liberation

The northern range of Nam Dinh hold a rite on Jun 30 to mark 60 years given a collateral city of Nam Dinh was released (July 1). At a event, internal people removed a milestones of their insurgency fight opposite a French forces. After occupying Nam Dinh, French colonialists built a city into a large industrial section with the largest ... Read More »

Development of irrigation infrastructure prioritised

Development of irrigation systems national is always prioritised in agricultural restructuring, has pronounced Minister of Agriculture and Rural Development Cao Duc Phat. The apportion also remarkable that a total of 28.8 trillion VND (1.35 billion USD) has been funneled to build the networks between 2011 and 2014, homogeneous to 79 percent of a total investment in a sector. The income ... Read More »

Foreign investors siphon millions of USD into tires

Foreign tire manufacturers have flocked to Vietnam with skeleton to turn the nation into their prolongation bottom as good as a new consumption market, a English denunciation news website VietNamNet Bridge reported. According to, a Vietnamese market’s scale is rather small, with a value of 800 million USD. That’s miniscule compared with a 235 billion USD universe market. However, ... Read More »