Archive for December, 2016

Taiwan firm to develop $50m plant in VN

31-Dec-2016 Intellasia | Bizhub | 6:00 AM

Taiwan Paiho Ltd, which manufactures shoelaces and elastic tape, said it plans to invest $50 million to build a new plant in Vietnam, taipeitimes.comreported. The plant is [...]
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Vietnam carriers decry sluggish plans to expand Tan Son Nhat airport

31-Dec-2016 Intellasia | Tuoitre News | 6:00 AM

Local carriers are slamming a suggestion to park aircraft overnight at a nearby airport instead of Tan Son Nhat International Airport in order to ease pressure on [...]
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MoU signed for $1.5bn Vinh Phuc racetrack

31-Dec-2016 Intellasia | Vneconomic Times | 6:00 AM

South Korean investor seeks to move forward with racecourse project as second draft decree on gambling submitted to government. South Korea’s G.O.Max I&D Company [...]
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Foreign investors still eyeing Dung Quat

31-Dec-2016 Intellasia | Vneconomic Times | 6:00 AM

A number of foreign investors have sought opportunities to invest in the Quang Ngai oil refinery. Together with Russia’s Gazprom Neft have been other investors from [...]
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Hanoi aims to lure over 23m visitors in 2017

31-Dec-2016 Intellasia | VNA | 6:00 AM

Hanoi tourism sector is set on attracting 23.39 million visitors, including 4.08 million foreign tourists, in 2017, with a revenue of over 66 trillion VND (2.89 billion USD), [...]
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VN sugar production down 13pct

31-Dec-2016 Intellasia | Bizhub | 6:00 AM

Sugar producers, distributors and consumers discussed production and consumption in 2015-16 and forecasts for the next season at a seminar in HCM City yesterday. Pham Quoc [...]
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Beer prices rise 1 month before Tet

31-Dec-2016 Intellasia | VNS | 6:00 AM

With a month to go for Tet (Lunar News Year) the HCM City beer market is heating up, with prices rising virtually daily. The owner of a shop called Beer Loan on Tran Xuan [...]
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Coffee exports regain growth momentum

31-Dec-2016 Intellasia | DTI News | 6:00 AM

Vietnam shipped around 1.79 million tonnes of coffee abroad in 2016, raking in revenue of $3.36 billion, up 33.6 percent in the volume and 25.6 percent in value compared to [...]
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VRG plants 90,000 hectares of rubber in Cambodia so far

31-Dec-2016 Intellasia | VNA | 6:00 AM

The Vietnam Rubber Group (VRG) has planted more than 90,000 hectares of rubber trees in Cambodia in the past 10 years, 1,900 hectares of which have been producing latex. VRG [...]
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Can Tho targets $1.67b in 2017 exports

31-Dec-2016 Intellasia | VNA | 6:00 AM

The Mekong Delta city of Can Tho has set the goal to earn $1.67 billion from exports in 2017, a rise of 7.5 percent over 2016. To this end, the municipal People’s [...]
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BigC leads the top 5 largest M&A deals in 2016

31-Dec-2016 Intellasia | KTDTOnline | 6:00 AM

The top five mergers and acquisitions (M&A) deals in 2016 are all valued from hundreds of millions US dollars to billions of US dollar. BigC Vietnam – Central Group [...]
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2 Vietnamese men jailed for smuggling songbirds, animal cruelty

31-Dec-2016 Intellasia | CNA | 6:00 AM

Two Vietnamese were jailed six months each for smuggling 12 endangered songbirds into Singapore, the Agri-Food and Veterinary Authority of Singapore (AVA) said on Thursday [...]
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Intense competition seen in consumer loan market

31-Dec-2016 Intellasia | Nhip Cau Dau Tu | 6:00 AM

Consumer lending market with the scale of $15 billion (2015) is going to boom due to the increasing involvement of organisations backed by financial institutions. If the zero [...]
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Interbank interest rates suddenly cool down

31-Dec-2016 Intellasia | Tri Thuc Tre | 6:00 AM

As per a recently released report by Bao Viet Securities Company (BVSC), interbank interest rates last week (December 19-23) tended to decrease with the margin of 0.2-0.7 [...]
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Profitability of banks in 2016 forecasted to be higher than the previous year

31-Dec-2016 Intellasia | Tri Thuc Tre | 6:00 AM

In the recently released overall report on financial market 2016, the National Financial Supervisory Commission (NFSC) commented the profitability effectiveness of credit [...]
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