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Monthly Archives: October 2015

HCM City airport to improve service

People wait for their relatives and friends outside the Tan Son Nhat International Airport in HCM City. (Source: VNA) The Civil Aviation Authority of Vietnam (CAAV) has asked that Tan Son Nhat International Airport in Ho Chi Minh City widely publicise airport hotlines to better serve travellers at the country’s largest airport, recently rated among ... Read More »

Vietnam, Cuba exchange press experience

Pham Van Huan, Editor-in-Chief of the People’s Army Newspaper, presents a photo of Cuban President Fidel Castro to Upec’s first Vice President Aixa Hevia (Source: VNA) The Vietnam Journalists Association and the Union of Cuban Journalists (Upec) exchanged experience in the application of information technologies in the media industry and the training of young reporters during a recent visit of a ... Read More »

Businesses eye alternative financing

Businesses eye alternative financing The 2008 global financial crisis – resulting in the collapse of Lehman Brothers – has, in fact, strengthened the financial landscape, with new sources of liquidity emerging from new players. Will Nagle, CEO, and Andrew Church, Regional Head Asia, at specialist financier Falcon Group, discuss this new landscape, and its opportunities – not least in relation ... Read More »

VN firms must adapt to FTAs

VN firms must adapt to FTAs HCM CITY  (VNS) — The upcoming Trans-Pacific Partnership (TPP) and ASEAN Economic Community would present Vietnamese business with opportunities as well as challenges as they would have to compete with highly qualified foreign companies, business executives said at a seminar held yesterday in HCM City. “Today, intelligence, creativity and technology are the factors that ... Read More »

NA opposes debt breaks for SOEs

NA opposes debt breaks for SOEs HA NOI  (VNS) — The Ministry of Finance’s proposal that State-owned enterprises (SOEs), which were under restructuring progress be forgiven tax arrears, did not receive consensus from the National Assembly (NA) Deputies. NA Deputies said that the proposal, if passed, would not ensure a fair playground for businesses while denying accountabilities of SOEs in ... Read More »

Food, forestry exports reach almost $25b through October

Food, forestry exports reach almost $25b through October Workers process cashew nuts for export at food processing firm Donafood in southern Dong Nai Province. Viet Nam’s farming, fishery and forestry product export value reaches around US$24.61 billion in the first 10 months of this year. — VNA/VNS Photo Danh Lam HA NOI  (VNS) — Viet Nam’s farming, fishery and forestry ... Read More »

HCM City's economy grows between 9.5% to 10%

HCM City’s economy grows between 9.5% to 10% HCM CITY  (VNS) — HCM City’s GDP growth rate for the first 10 months of the year was between 9.5 and 10 per cent, according to a report released at a meeting of the People’s Committee held on Thursday. During the period, the city saw sharp increases in total retail sales and ... Read More »

SMEs using e-commerce well

SMEs using e-commerce well A production line for Casumina motorcycle tyres in Dong Nai Province. Domestic SMEs have made full use of e-commerce to increase turnover and profits. — VNA/VNS Photo Danh Lam HA NOI  (VNS) — Vietnamese exporters have not used websites effectively for their operations, while small and medium-sized enterprises (SMEs) have made full use of e-commerce. The ... Read More »

FTAs to demand higher standards

FTAs to demand higher standards Garments being made for exports at Garment 888 Company in the central Thanh Hoa Province. Vietnamese businesses are urged to pay attention to non-tariff measures included in free trade agreements to be able to grab opportunities for promoting exports. — VNA/VNS Photo Tran Viet HA NOI  (VNS) — Vietnamese businesses must pay attention to non-tariff ... Read More »

Property inventory continues falling

The Sun Avenue project in HCM City (Photo:VNA) Real estate inventory had an estimated value of 56.28 trillion VND (2.55 billion USD) by the end of October, down 40.4 percent compared with December 2013, according to statistics from the Ministry of Construction. This estimated value shows a reduction of 3.1 trillion VND (140 million USD) against the previous month. The ... Read More »