Removing trade barriers
Removing trade barriers

2010 is expected to bode well for Vietnam’s exports as the world economy is showing signs of recovery. However, businesses will have to face trade barriers, especially anti-dumping suits, set up by importing countries.

Removing trade barriers
Vietnamese businesses to take part in int’l seafood show
Vietnamese businesses to take part in int’l seafood show

Member businesses of the Vietnam Association of Seafood Exporters and Producers (VASEP) will take part in the International Boston Seafood Show in the US from March 14-16.

Vietnamese businesses to take part in int’l seafood show
Border trade fair opens in Lang Son to promote trade
Border trade fair opens in Lang Son to promote trade

A trade fair 2010 kicked off in the northern border province ò Lang Son on March 12 in response to the “Vietnamese use Vietnamese goods” campaign.

Border trade fair opens in Lang Son to promote trade
Vietnam’s economy predicted to grow faster
Vietnam’s economy predicted to grow faster

Vietnam will see a sharp growth rate in GDP in the 2010-2011 period, says the Economist Intelligence Unit (EIU).

Vietnam’s economy predicted to grow faster
Vietnam helps Laos raise salmon and sturgeon
Vietnam helps Laos raise salmon and sturgeon

Vietnam’s project to raise salmon and sturgeon in Champassak province has been successful and become the first salmon- and sturgeon-breeding model in Laos.

Vietnam helps Laos raise salmon and sturgeon
Tourism sector offers big discounts
Tourism sector offers big discounts

The tourism sector launched a promotion campaign in Hanoi on March 12, offering discounts of between 10 and 30 percent on tourist services.

Tourism sector offers big discounts
Kuwait Fund loans Vietnam US$ 14 million
Kuwait Fund loans Vietnam US$ 14 million

The Kuwait Fund for Arab Economic Development has agreed to provide Vietnam with US$14 million in loans to carry out the Cha To – Muong Tung road construction project in Dien Bien province.

Kuwait Fund loans Vietnam US$ 14 million
VACC helps construction contractors gain ground
VACC helps construction contractors gain ground

The Vietnam Association of Construction Contractors (VACC) has set a target of buttressing the operations of its members from now until 2015.

VACC helps construction contractors gain ground
Nghe An calls for investment in marine tourism projects
Nghe An calls for investment in marine tourism projects

The central province of Nghe An has called for stronger investment in 22 marine and ecological tourism projects estimated at US$250 million in the next five years.

Nghe An calls for investment in marine tourism projects
Rolls Royce to build an aircraft maintenance factory in Vietnam
Rolls Royce to build an aircraft maintenance factory in Vietnam

Rolls Royce plans to establish a joint venture company with a Vietnamese business to build an aircraft Maintenance, Repairs and Overhaul (MRO) factory in Vietnam.

Rolls Royce to build an aircraft maintenance factory in Vietnam
The easy way out
The easy way out

“It’s now easy for us to buy foreign currency at banks and the price of the US dollar is now nearly the same on the free market as it is at banks,” said the director of a Hanoi-based enterprise that trades in lifts.

The easy way out
Anti-dumping lawsuits on the rise
Anti-dumping lawsuits on the rise

The number of lawsuits on anti-dumping and anti-subsidy along with other protectionist measures against Vietnamese exports will increase in the coming time.

Anti-dumping lawsuits on the rise
Cooperative signs gas pipeline deal
Cooperative signs gas pipeline deal

A business cooperation contract on a gas pipeline project for Block B- O Mon was signed in Hanoi on March 11 by the PetroVietnamGas Corporation (PVGas), Chevron, MOECO (Japan) and PTTEP (Thailand).

Cooperative signs gas pipeline deal
VNPT Global teams up with Singaporean partner
VNPT Global teams up with Singaporean partner

Singapore Technologies Telemedia (ST Telemedia) bought a 10-percent stake in VNPT Global Investment Joint Stock Company (VNPT Global) on March 11.

VNPT Global teams up with Singaporean partner
Exports hit more than US$8.9 billion in two months
Exports hit more than US$8.9 billion in two months

Having considerable difficulty expanding to new export markets, many local businesses have temporarily put such efforts on hold to focus on key markets with which they have strong relationships.

Exports hit more than US$8.9 billion in two months
ABB inaugurates new factory in Vietnam
ABB inaugurates new factory in Vietnam

ABB, a leading power and automation technology group, opened a new plant for manufacturing power products in Tien Son Industrial Zone in the northern province of Bac Ninh on March 11.

ABB inaugurates new factory in Vietnam
Auto sales skid in February
Auto sales skid in February

Car sales by the Vietnam Automobile Manufacturers’ Association (VAMA) members reached just 5,030 units in February, down 25 percent against the same period last year.

Auto sales skid in February
Probe ordered for foreign investment in forestry and fishery
Probe ordered for foreign investment in forestry and fishery

PM Dung has instructed provincial People’s Committees not to issue new investment licences or sign land rent contracts with foreign investors before the mission has completed its task.  

Probe ordered for foreign investment in forestry and fishery
Vietnam Int’l Furniture and Home Accessories Fair opens
Vietnam Int’l Furniture and Home Accessories Fair opens

Vietnam’s International Furniture and Home Accessories Fair (VIFA) 2010 opened at Sai Gon Exhibition and Fair Centre in Ho Chi Minh City on March 11.

Vietnam Int’l Furniture and Home Accessories Fair opens
Vietnam, Poland boost trade ties
Vietnam, Poland boost trade ties

A meeting between Vietnamese and Polish entrepreneurs was held on March 11 by the Embassy of Poland in Hanoi to promote mutual understanding and trade links between the two countries.

Vietnam, Poland boost trade ties
Businesses benefit from negotiated interest rates
Businesses benefit from negotiated interest rates

There is growing concern about negotiated interest rates which are being applied at a time when the maximum deposit rate stands at only 10.5 percent.

Businesses benefit from negotiated interest rates
Southern hub goes ahead with price-stabilizing measures
Southern hub goes ahead with price-stabilizing measures

The Chairman of the Ho Chi Minh City People’s Committee, Le Hoang Quan, has asked relevant agencies to ensure a sufficient supply of goods and take other necessary measures to maintain the stability of prices after the Lunar New Year festival (Tet).

Southern hub goes ahead with price-stabilizing measures
Deep water ports magnet for Japanese investment
Deep water ports magnet for Japanese investment

Japanese investors are interested in building and operating deep water ports in Vietnam, said Japanese Deputy Minister of Land-Infrastructure-Transport and Tourism Fujita Takehino in Hanoi on March 10.

Deep water ports magnet for Japanese investment
Kansai businesses seek opportunities in HCM City
Kansai businesses seek opportunities in HCM City

Representatives of twenty businesses from Kansai, Japan have paid a three-day visit to Ho Chi Minh City in an effort to seek business opportunities in the country’s largest city.

Kansai businesses seek opportunities in HCM City
ABB opens new factory in Vietnam
ABB opens new factory in Vietnam

ABB – the leading power and automation technology group – inaugurated a power product manufacturing plant in the northern province of Bac Ninh’s Tien Son Industrial Zone on March 11.

ABB opens new factory in Vietnam
State businesses form the core of economy
State businesses form the core of economy

The government will create the best possible conditions and iron out snags in the mechanism to help businesses, especially State economic groups and corporations, operate efficiently, says Prime Minister Nguyen Tan Dung.

State businesses form the core of economy
Rubber plant construction begins in Laos
Rubber plant construction begins in Laos

The Vietnam-Laos Rubber Joint Stock Company broke ground for a rubber latex processing plant in Champasak province on March 10.

Rubber plant construction begins in Laos
Businesses need cooperation to corner domestic market
Businesses need cooperation to corner domestic market

Apart from efforts to encourage Vietnamese to use locally-made products, Vietnamese businesses should unite to effectively penetrate the domestic market, according to a workshop held by the VCCI on March 9.

Businesses need cooperation to corner domestic market
VCCI plans to counter safeguard measures
VCCI plans to counter safeguard measures

The Trade Remedies Council (TRC) under the Vietnam Chamber of Commerce and Industry (VCCI) has joined the US law firm Squire Sanders to organize a seminar on anti-dumping and anti-subsidy legal actions against Vietnamese exports, their impacts and countermeasures.

VCCI plans to counter safeguard measures
Jetstar Pacific offers discounted fares on 129 routes
Jetstar Pacific offers discounted fares on 129 routes

The cheap flight airline Jetstar Pacific announced all of its global branches are applying the same promotion programme for 129 domestic and international routes starting from March 10-15.

Jetstar Pacific offers discounted fares on 129 routes
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