Business

Economy moves towards growth, auditors predict
11/03/2013 02:10
This year, the country's Gross Domestic Product (GDP) is expected to be 5.5 percent, and the consumption price index (CPI) 7.8 percent. In 2015, the country's GDP is estimated to climb to 7.1 percent and the CPI to fall to a growth of 4.8 percent. "The near 7-percent growth trend...
EU optimistic about business prospect in Vietnam
10/03/2013 03:14
Results of the 10th quarterly EuroCham Business Climate Index survey released on March 7 showed that business confidence and outlook among European businesses in Vietnam is improving slightly. This quarter the level has risen from the recent record low of 45 to 48 points. However, the Index...
National Assembly report knocks back real estate sector pleas
10/03/2013 03:09
The National Assembly’s Economic Committee recently admitted that it would not extend any further help to the domestic real estate market. Committee Chairman Nguyen Van Giau said "It is wrong for enterprises to think that the government will rescue them. With such high rates of bad...
Central region feels uneasy about tourism industry in 2013
10/03/2013 03:05
In 2012, Hue city City awarded a souvenir gift to the 2-millionth traveler to the ancient capital city. Da Nang reported it received 2.7 million tourists in 2012. The ancient town of Hoi An has been recognized as one of the 10 best tourist cities in Asia by the US journal Conde Nast...
US delays decision in shrimp subsidy case
07/03/2013 03:54
Originally, the DOC planned to issue the preliminary decision on March 25 after the US International Trade Commission confirmed that the US shrimp industry had suffered significant losses due to subsidised shrimp imports. However, on February 8, the petitioner asked the DOC to extend the...
Venture funds still cannot play in full swing in Vietnam
07/03/2013 03:51
Venture funds, who are they? DFJV, belonging to the joint venture between VinaCapital and the US Draper Fisher Jurvetson proves to be the best-known venture fund in Vietnam because it was one of the first funds established in the country. Besides, the Japanese CyberAgent fund, IDG Ventures...
After Starbucks, McDonald’s will come
07/03/2013 03:48
cooking , franchising, contracts" src="http://img.cdn2.vietnamnet.vn/Images/english/2013/03/06/10/20130306102134-mcdonald.jpg" alt="Vietnam, Starbucks, fast food, franchising, contracts" /> If Starbucks is thought to create a new face to the Vietnamese coffee market, then the...