Business

The Vietnam-Japan Economic Partnership Agreement is expected to boost Vietnam’s agricultural exports to Japan in 2010.

Toyo Ink Group Bhd (TIGB) says the Vietnamese government has given it permission to build a coal-fired thermo-electric plant in Tra Vinh Province.

Vietnam’s fresh produce exports are up, but floods, drought and concerns over food safety are barriers to reaching their full potential.

Vietnamese enterprises in 2009 poured US $7.2 billion in 457 projects in 50 countries and territories in spite of the global economic crisis.

Vietnam’s Long Thanh Golf Trading and Investment Company broke ground for a US$1 billion property project in capital Vientiane.

Due to an increase in the VND/USD rate, retailed milk prices will go up 5-10% in 2010.

Top priority should be given to adopting a stable policy so that businesses can borrow capital at safe interest rates without causing inflation, says economic expert.

Multi-billion dollar foreign-invested power projects are anticipated to be a shining light in Vietnam’s 2010 FDI picture.

Frozen shrimp brought in over US$1.5 billion in 2009 and became the only seafood export staple that still managed to grow amid decreasing demands.

Vietnam plans to boost stocks liquidity by loosening restrictions on the sale of equities next month, said chairman of the State Securities Commission.

All gold trading activities must be terminated before March 30, 2010, says the Government.

Vietnam spent 978 million U.S. dollars on importing pharmaceutical products in the first 11 months this year.

Korea's top mobile carrier said it will halt investing in Vietnam, citing low profits.

On Dec 29, domestic gold prices were transacted at VND2.672 million per tael, a drop of VND30,000 per tael compared with the previous day.

The banking sector in Vietnam is likely to grow at a compound annual growth rate of about 22% during 2009-2013, says a new report.

Petrolimex has sealed 2010 term deals to buy up to 2 million tonnes of diesel from more than four sellers, more than double last year’s volumes.

Securitas has agreed to acquire 49 percent of the Vietnamese security services company Long Hai Security.

Sai Gon’s property traders are soaking in the possibilities with an apartment project on Diamond Island.

CBRE will be the sole leasing agent to introduce anchor tenants for the retail podium of Mo Market.