Business

Vietnamese businesses get benefits from Japan’s loosened monetary policy
17/04/2013 07:23
The price of PPC shares of the Pha Lai thermopower plant has been hovering around VND16,100-21,200 over the last month. PPC is believed to benefit most from the Japanese yen depreciation. The PPC price has soared by 73 percent so far this year on the expectation about the high profits the...
Income down, but banking sector remains hot
16/04/2013 05:32
High pay for workers… Vietinbank has been leading the banking sector in the salaries it pays to its staff. In 2011, the bank’s pay was VND260 million on average. In, 2012, which was described as an unsatisfactory business year of the bank, every officer still received VND243...
US businesses support Vietnam’s TPP agreement negotiations
16/04/2013 05:27
They made the pledge while working with Vietnamese Ambassador Nguyen Quoc Cuong during his recent visit to Kentucky and Ohio states in the framework of TPP agreement negotiations held by the US Business Coalition. Ambassador Cuong expressed hope that the early signing of the TPP agreement...
Credit quotas make no more significance to banks
15/04/2013 05:09
The State Bank of Vietnam has decided to allocate credit quotas based on the operation scale and the capability of commercial banks.� Analysts have noted that some banks have been granted the credit growth rate limits lower than their capability. VietinBank, for example, planned to have the...
The US politician and the aspiration of globalizing Vietnamese businesses
15/04/2013 05:02
Professor Michael Stanley Dukakis The worldly politician is now in Vietnam to attend the 500 fastest growing enterprises (FAST500) report launching ceremony held in Hanoi on April 9, 2013. Could you please tell us the secrets that helped make Massachusetts a world’s leading high...
Vegetable oil manufacturers kick off legal battle to protect themselves
11/04/2013 07:43
Safeguard measures – the battle between domestic products and imports The plaintiffs have proposed to impose the tax rate of 2 percent of the import value to be applied to two kinds of products – refined soya and palm oil Vocarimex now holds 28.27 percent of the domestic...
Chinese scramble for shrimps, crushing Vietnamese businessmen
11/04/2013 07:37
Chinese commit frauds to compete with Vietnamese Nguyen Van Kich, General Director of Cafatex Group in Hau Giang province, a big shrimp cultivating area, has confirmed that since the beginning of the year, Chinese have been competing with Vietnamese sea cooking processing companies to buy...