Business

First BPO joint venture established in Southeast Asia
13/03/2013 04:22
The establishment of the venture, F-AGREX, the first of its kind in Southeast Asia was announced in Hanoi on March 12. According to Chairman of FPT Software Company Hoang Nam Tien, the joint venture is in line with the companies’ strategic orientations.� F-AGREX will bring into play...
Foreign Investment Agency revises 2012 FDI figure
13/03/2013 04:20
Earlier in December, the agency, under the Ministry of Planning and Investment, announced that the country had attracted 12.7 billion USD in FDI for the year, down by 18 percent year-on-year due to the global economic slowdown.� The new report showed up to 1,287 new foreign-invested projects...
Vietnam considers loosening foreign currency management policy
12/03/2013 03:50
If the draft ordinance is approved, Vietnamese individuals would be able to take initiative in borrowing foreign currencies from foreign sources for their personal spending or investments and paying debts.� The State Bank of Vietnam thinks that it’s now the right time to loosen the...
Fruits, vegetables exports to become hard currency earner
12/03/2013 03:48
Last year, exports were slower than previous years, but the Vietnamese fruit and vegetable industry still achieved high export turnover of 770 million USD. In recent years, Vietnam has been ranked among the top five fruit and vegetable exporters in the world. To reach this target, Vinafruit...
Vietnam champions ASEAN-EU trade
11/03/2013 02:23
Prime Minister Nguyen Tan Dung told the third ASEAN-EU Business Summit late last week in Hanoi that “Vietnam, as a coordinator of the economic cooperation between ASEAN and EU, wholly supports the boosting of investment and trade cooperation between the two regions, so that such...
ASEAN, EU eager to boost economic integration
11/03/2013 02:19
� The third ASEAN-EU Business Summit (AEBS) concluded successfully in Hanoi on March 9. The summit delivered with practical proposals for the agricultural economy, automobile industry, financial services, information technology, infrastructure/connectivity, and pharmaceuticals. In his...
Coffee returns not up to expectations
11/03/2013 02:14
Its exports of 1.7 million tonnes and the realisation represented increases of 23 per cent and 24 per cent compared to 2010/2011, but were far below potential, according to industry insiders at a conference held yesterday at the sideline of the Buon Ma Thuot Coffee Festival. Y Dham Enuol,...