Vietnam Business News

TNK-BP, currently developing a gas project in Vietnam acquired from its major shareholder BP, has also bid for ConocoPhillips assets in the Asian country, TNK-BP’s head of upstream operations Alexander Dodds said Monday. “We did put a bid in,” Dodds told a news briefing in response to a question. TNK-BP, a 50-50 joint venture between BP and a quartet of Soviet-born businessmen, has already taken [...]

VietNamNet Bridge – Vietnam Airlines would take over the 70 percent of Jetstar Pacific’s shares from the State Capital Investment Corporation (SCIC).With the stake transfer deal, Vietnam Airlines would hold up to 90 percent ofthe domestic aviation market. Saigon Tiep thi has quoted its sources as saying that the national flag aircarrier– Vietnam Airlines [...]

December 05, 2011, 1:12 AM EST By Bloomberg News Dec. 5 (Bloomberg) — Shares of the following companies had unusual moves in Vietnam trading. Stock symbols are in parentheses and prices are as of the close in Ho Chi Minh City. The VN Index, the benchmark measure of the Ho Chi Minh City Stock Exchange, [...]

War Claims and Compensation: Franco-Vietnamese Contention over Japanese War Reparations and the Vietnam War Geoffrey Gunn This article seeks to disentangle the complex claims and counterclaims to Japanese war reparations deriving from the period of Japanese rule in Vietnam in the years 1940-45. Japanese Troops enter Saigon September 1940 It demonstrates that, alongside Cambodia, Vietnam [...]

Pepper market last week witnessed high level of ‘circular trading’ and consequent high volatility due to the tug of war between both the bull and bear operators. Prices of futures contracts showed a mixed trend with marginal up and down, market sources told Business Line. Expert analysts were, of late, spreading bearish propaganda of an [...]

MANILA, PHILIPPINES–(Marketwire – Jun 15, 2011) – SPi Global, the largest Filipino-owned BPO company, has surpassed other foreign BPO companies in Vietnam to win an accolade in the prestigious 2011 Sao Khue Awards. The company received the Sao Khue 2011 Prize for “BPO service for BPO Services Group” from the Vietnam Software Association, or Vinasa, [...]

North Vietnam to cultivate rice on larger paddy fields    The Ministry of Agriculture and Rural Development convened an online meeting to discuss adoption of a new model plan in North Vietnam to cultivate larger paddy fields similar to those in the Mekong Delta Provinces. Larger paddy fields have proved to be more cost [...]

Airlines in Vietnam are finding it difficult to recruit pilots despite offering a monthly salary of VND150-200 million (USD7,142-USD9,518).     Air Mekong currently uses only American pilots; while Jetstar Pacific has five Vietnamese pilots and up to 60 foreign pilots. Vietnam Airlines has 400 Vietnamese pilots and 360 foreign pilots. Pilot wages are the [...]

In Kien Giang Province, for example, the volume of rainfall and floods has changed the environment around shrimp-farming ponds, and as a result, many shrimp have died. Nguyen Danh Hien, director of Minh Phu Aquaculture Company, said he had expected his 100ha-farm would yield 1,500 tonnes of shrimp, as in previous farming crops, but the [...]

Copycat products remain unbeatable Copycat products are still a headache for local manufacturers, while authorities have yet to figure out any effective solution to curb the issue, a conference heard last week. Voicing their opinions at a conference on the fight against fake products and trade fraud, many businesses said that whenever certain products [...]