Why so competitive? Newspaper smells a rat in Vietnam’s aviation sector

Lots of investors want to establish a domestic airline, even though they know Vietnam’s aviation market is relatively small. The newspaper Lao Dong thinks it knows why. Four airlines are flying in Vietnam’s domestic market: the national air flag carrier Vietnam Airlines; Vasco, its air charter subsidiary; Jetstar Pacific Airlines, a joint venture with Australia’s [...]

US seafood exec counsels Vietnam’s exporters

Agriculture Ministry officials and leaders of the Vietnamese seafood industry have discussed how to control the quality of Vietnam’s seafood products to the US with John Connelly, President of the US National Fisheries Institute (NFI). The EU remains is Vietnam’s biggest seafood export market; it takes 26 percent of Vietnam’s exports. Japan is second, taking [...]

Steel producers complain about high exchange rate, lack of access to capital

The increase of the dollar value against the dong has made steel producers suffer, as they have to pay in dollars to import materials for domestic production. Meanwhile, banks have refused to provide loans to curb the credit growth rate. Both these problems have caused headaches for steel producers. Commercial banks have urged businesses to [...]

IDI, Myanmar Seafood Firms Sign Agreements

A delegation of Myanmar government officials, business leaders and seafood association paid a working visit to the International Development and Investment Corporation (IDI), a member company of Sao Mai Construction Corporation. The Myanmar delegation led by Khin Ko Lay, Head of Myanmar Department of Fishery, the Ministry of Livestock and Fishery, discussed fishery and aquatic [...]

Industrial Parks, Golden Chance for Economic Development

Industrial development is a key factor for Vietnam’s economic development. Over the past recent years, when the social demand grows, Ca Mau province’s industrial sector has gained great strides. The province will soon put into operation key industrial parks (IPs), expected to bring the local industrial sector to a new height. Khanh An Industrial Park [...]

Tradition New Year Festival: Domestic Confectionery Market Thrives

The “Buy Vietnamese” campaign has caused a significant impact on the domestic confectionery market in Vietnam in addition to pluses thanks to excessive content of lead in Chinese products and high exchange rate of USD/VND. Vietnamese confectioneries are certainly at an advantage in the New Year 2010. Opportunities for Vietnamese goods to thrive According to [...]

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