Vietnamese businesses expect to source more goods directly from Japan when a bilateral tariff reduction agreement goes into effect, making imports cheaper. Free trade agreements prompt Japanese to change investment mode Ninety-two percent of goods traded between Japan and Vietnam will enjoy tariff reduction or exemption under Vietnam-Japan Economic Partnership Agreement (VJEPA). This latest milestone [...]
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The Vietnam Food Association (VFA) has affirmed that exporters will not lower the rice export price, despite stockpiles of 1.6 million tons at present and possibly 2 million tons by the end of September. By the end of August 2009, Vietnam had exported more than 4.5 million tons of rice at $408 per ton on [...]
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A year after forging a working agreement with Australia’s discount airline, Jetstar, and changing its name to Jetstar Pacific Airlines (JP), the Civil Aviation Authority has told Vietnam’s first budget airline it cannot use the familiar Jetstar logo. CAAV – the unit of the Ministry of Transport that regulates commercial airlines — reportedly believes that [...]
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A senior Finance Ministry official says there will not be an end-year inflationary spike and the total price run-up for the year will be under seven percent. Vu Dinh Anh, the deputy director of the Market and Price Research Institute, a unit of the Finance Ministry The on-line newspaper VNExpress talked with Vu Dinh Anh, [...]
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With the stock market warming up, listed companies are selling treasury stocks and issuing additional shares, while equitised companies are hurrying to list shares on the bourse. In July and the first three weeks of August, the Hanoi bourse witnessed 13 companies listing shares on the bourse. A lot of listed companies registered to list [...]
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A Ministry of Industry and Trade programme that aims to stimulate domestic consumption will start on September 1. Dr Ngo Quang Minh of the HCM National Academy of Politics and Public Administration has raised a question: will the trade promotion programme effectively stimulate demand for Vietnamese-made goods and help businesses expand production, or it …
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Phan Huu Thang thinks Vietnam’s tourism real estate market will see a boom in five years if investors can realize its potentials and have reasonable market development strategy. That’s why he’s setting up an industry association. Phan Huu Thang, head of the Ministry of Planning and Investment’s Foreign Investment Department In an interview given to [...]
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Dr. Le Duc Thuy, the Chairman of Vietnam’s Finance and Monetary Policy Oversight Committee, advocates continued but more narrowly focused demand stimulus for some time into 2010. Meanwhile, the Vietnam representative of the ADB, Ayumi Konishi, said that if the Government opts for a ‘second stimulus package,’ it should be reduced in scope and more [...]
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Viet Kieu (overseas Vietnamese) will be allowed to purchase real estate in their own names from September 1, 2009. However, experts doubt the new policy will cause any immediate changes in the real estate market. Ownership transfer transactions will increase Two months ago, Luong’s relative in Germany asked her to help buy another apartment on [...]
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Shares in Eximbank, followed by three other banks, before long will be freely traded on HOSE. Their move will give the Ho Chi Minh City exchange more liquidity and probably be attractive to foreign investment funds. This is a good time to list shares because the stock markets have recovered significantly. Until the beginning of [...]
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