Vietnam Business News

Credit: Dr. Nancy Napier by KTVB KTVB.COM Posted on December 1, 2011 at 5:00 PM BOISE — A Boise State professor was awarded Vietnam’s highest honor in November. Business and Economic professor Nancy Napier was presented with the Medal of Honor during a ceremony in Hanoi, Vietnam. She was recognized for her work at the [...]

Made-in-Vietnam products have of late improved in style, design, quality and pricing, attracting more and more local customers. Shoe production at the An Lac Footwear Company. (Photo: Sggp) A shoe shop on Cach Mang Thang Tam Street in Ho Chi Minh City is attracting hoards of local customers as it has on display a huge [...]

VietNamNet Bridge – Most of the insurance companies which “join hands” withforeign strategic partners are the “big cheeses”. Therefore, they do not aim tohave more capital when inviting foreigners’ cooperation, but they expect thetechnology transfer. PVI Insurance has had a new foreign strategic shareholder, besides Omaninvestment fund, becoming the only insurer in Vietnam with [...]

Vietnam’s most expansive manufacturing solutions trade event will offer Nikon a multitude of networking and business opportunities in Hanoi Hanoi, Vietnam, Dec 1, 2011 – (ACN Newswire) – MTA HANOI confirms the participation of Nikon, a well-known global manufacturer, who has set its sights to expand to the country’s capital in 2012. Nikon’s presence at [...]

December 01, 2011, 1:05 AM EST By Bloomberg News Dec. 1 (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, [...]

MOSCOW, Nov. 30 (UPI) — A Vietnamese subsidiary of Anglo-Russian venture TNK-BP is ready to start production from a gas field on the country’s continental shelf, an executive said. TNK Vietnam, a subsidiary of TNK-BP, announced it completed a monthlong operation to prepare infrastructure for development of the Lan Do gas field on the Vietnamese [...]

The People’s Committee of the central province of Thua Thien – Hue has sold its 50 percent stake in the Hue Brewery Co to the Denmark-based Carlsberg Group, the Committee’s partner in the joint venture, at what insiders say is a dirt cheap price. In selling its entire stake in the brewery, the Thua Thien [...]

Wed Nov 30, 2011 9:15am GMT (The following statement was released by the rating agency) Nov 30- — Vietnamese state-owned coal producer Vinacomin’s weakbusiness risk profile reflects increasing country and industryrisks. — The company’s significant and partly debt-funded capitalexpenditure program characterizes its aggressive financial riskprofile. — We are affirming the ‘BB-’ long-term corporate creditrating on [...]

November 30, 2011, 12:49 AM EST By Bloomberg News Nov. 30 (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, [...]

The ministry’s Foreign Investment Department Agency head, Do Nhat Hoang, said there had been a growing trend among domestic enterprises to invest in foreign markets even while their turns remained low. The country had had 601 projects in 55 foreign nations and territories since 1989 with a total registered capital of US$10 billion. Of that, $2 billion had been disbursed. [...]