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Business Briefs April 8

08-Apr-2014 Intellasia | | 1:31 PM

* Venture International JSC has worked with the government of Nghe An Province over a $10 million project to build an export garment factory in the province. Work on the [...]
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Petty corruption remains rife across Vietnam: survey

08-Apr-2014 Intellasia | Tuoi Tre News | 6:00 AM

Small-scale corruption remains a widespread phenomenon throughout Vietnam, as citizens affirmed in a recent survey that they always have to hand over money whenever it comes [...]
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Low-cost strategy dictates FDI recruitment

08-Apr-2014 Intellasia | VNS | 6:00 AM

Foreign investors have distributed $1.12 billion in foreign direct investment (FDI) projects in Vietnam during the first two months of 2014, up 6.7 per cent from one year [...]
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Why Vietnam wants to attract multi billion dollar FDI projects?

08-Apr-2014 Intellasia | Vietnamnet | 6:00 AM

Vietnam not only covets the massive amounts of capital brought in by big foreign investors. It aims to many more things when trying to attract foreign invested mammoth [...]
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Vietnam firms lax in using trade barriers

08-Apr-2014 Intellasia | VNS | 6:00 AM

Vietnamese exporters are usually passive in pursuing trade-related lawsuits, while during difficult economic times, other countries started actively using trade defence [...]
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Vietnam enjoys high trade surplus with Malaysia

08-Apr-2014 Intellasia | VOV | 6:00 AM

Two-way trade turnover between Vietnam and Malaysia peaked at $1.24 billion in the first two months of the year, resulting in a trade surplus of $90 million, the Vietnam [...]
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HCM City trade volume falls in Q1

08-Apr-2014 Intellasia | VOV | 6:00 AM

The trade turnover of HCM City fell sharply from last year’s same period to $11.73 billion in the first quarter of 2014, according to Vo Si, deputy director of the [...]
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AmCham helps promote Vietnam-US economic ties

08-Apr-2014 Intellasia | VOV | 6:00 AM

Deputy prime minister Hoang Trung Hai has highly commended the American Chamber of Commerce (AmCham) and the US business community in Vietnam for their support in bolstering [...]
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How did SBV buy $7.7b to increase state foreign currency reserves?

08-Apr-2014 Intellasia | VnEconomy | 6:00 AM

As announced by the State Bank of Vietnam (SBV)’s governor, Nguyen Van Binh at the regular cabinet meeting of March, in the first quarter of this year, the central bank [...]
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Free Money Transfer on VCB-iB@nking

08-Apr-2014 Intellasia | VCCI | 6:00 AM

Vietcombank has announced the “Free Money Transfer Week with VCB-iB@nking” Programme from April 1 to 6, 2014. During the programme, individual customers will be [...]
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Local-global gold price gap narrows in Q1

08-Apr-2014 Intellasia | Saigon Times Daily | 6:00 AM

The disparity between global and domestic gold prices slid sharply in the first quarter of this year as the mild increase in local prices of the precious metal failed to [...]
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Bailout funds await viable projects

08-Apr-2014 Intellasia | VIR | 6:00 AM

As well as the Vietnamese government’s VND30 trillion ($1.4 billion) bailout package, the real estate market has received a VND50 trillion ($2.38 billion) commercial [...]
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Analysts split on interest rate cap

08-Apr-2014 Intellasia | VNS | 6:00 AM

Many HCM City banks want the central bank to abolish the interest cap for deposits of up to six months, considering it a “hurdle” to their deposit mobilisation [...]
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Q1 loans reach $45b in HCM City

08-Apr-2014 Intellasia | VNA | 6:00 AM

HCM City’s credit institutions’ total outstanding loans reached about VND954 trillion (US$45.43 billion) during Q1, up 0.12 per cent over the end of 2013 and [...]
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Corporate bond market seen improving this year

08-Apr-2014 Intellasia | Saigon Times Daily | 6:00 AM

Local enterprises raised around VND450 billion from their bond issues via private placement channels in the first quarter of this year, lower than the quarterly average of [...]
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