Business

Laos - Vietnam boost cross border exchange
19/10/2012 04:03
Participants highlighted the effective trade cooperation between Vietnam and Laos and discussed measures to raise the two-way trade turnover. In 2011, the bilateral trade turnover reached US$783.32 million, up 23 percent over the previous year. The figure hit US$726.7 million in the...
VN fast food market to boom as new giants coming
17/10/2012 05:20
Burger King, a global chain of hamburger fast cooking restaurants headquartered in the US, will mark its entrance to Vietnam by inaugurating a restaurant in Ho Chi Minh City on October 20. The US giant has proved determined to explore the Vietnamese market as it plans to open as many...
Hotel oversupply anticipated
17/10/2012 03:22
Despite the gloomy real estate market, investors still keep injecting money in hotel projects. A report by STR Global, a market research firm, released in July 2012, Vietnam is one of the countries in Asia Pacific which has the highest number of hotel rooms – 7100. Dau tu...
Phu Quoc fish sauce to have more EU consumers
16/10/2012 02:18
Phu Quoc sauce, a well-known delicacy nationwide that originated from the namesake island in the southeastern province of Kien Giang, has been added to the more than 1,000 names of agricultural products and cooking stuffs protected as PGI (Protected Geographical Indication) or PDO, according...
World Bank lowers Vietnam’s growth forecast amid global downturn
12/10/2012 03:54
Regional banking systems are generally well-capitalized and profitable and non-performing loans are relatively low, but Vietnam is one of the exceptions, together with Timor Leste, the Washington-based lender said in a report Monday. “In Vietnam, which has focused on fighting...
Vietnam is among world’s top hot spots for expats
11/10/2012 11:59
This means that Vietnam is among the 10 leading destinations in the world for expat earning potential according to the HSBC Expat's Expat Explorer survey. Singapore tops the list, followed by Bermuda (2nd), Thailand (3rd), Hong Kong (4th), Cayman Islands (5), Mexico (6), China (7),...
Livestock feed market re-division by Masan’s move
11/10/2012 07:52
� The wise move With the consultancy by Morgan Stanley, Masan spent 96 million dollars to buy 40 percent of Proconco’s stakes from Prudential investment fund. After the affair got completed, Masan has assigned Masan Consumer, a subsidiary, to develop the new business field. In...