Posts Tagged ‘ Market Share ’

Vietnam needs to make fuel market more competitive: official 

November 29, 2011
Vietnam needs to make fuel market more competitive: official 

Petrolimex is the largest fuel trader in Vietnam with a market share of around 60 percent Vietnam’s fuel market needs to be restructured to ease the dominance of Petrolimex, the top oil products distributor, says Finance Minister Vuong Dinh Hue. “In the long term we need to think about reorganizing the market by giving opportunities [...]

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Gold production restrictions may cause black market to rise: economists 

November 9, 2011
Gold production restrictions may cause black market to rise: economists 

Gold bar producers are required to have a minimum market share of 25 percent under a new draft decree Economists warned that a plan to reduce the number of gold producers can lead to a supply shortage and the emergence of a black market, news website VnExpress reported Monday. The warnings came after the central [...]

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Viettel looks to take over struggling competitor 

October 29, 2011
Viettel looks to take over struggling competitor 

  Military-run telecom giant Viettel said it plans to acquire EVN Telecom, a subsidiary of state utility Electricity of Vietnam, in what will be Vietnam’s first M&A deal in the local mobile sector. The acquisition, if approved, will be completed in November, news website VnExpress reported Tuesday, citing Viettel officials. The company will first have [...]

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Fuel traders aren’t losing; the people are losing 

October 7, 2011
Fuel traders aren’t losing; the people are losing 

  During a rare burning argument over recent fuel price adjustments at a conference on Tuesday, Finance Minister Vuong Dinh Hue asked local fuel companies to quit trading in fuel if they can’t survive with the current prices. “The Ministry of Finance doesn’t leave any business out. If our management causes damages to businesses, we [...]

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Expiry of antidumping duties no gain for Vietnam's footwear in EU 

September 25, 2011
Expiry of antidumping duties no gain for Vietnam's footwear in EU 

Vietnam's footwear exports to the EU fell sharply this year Vietnam’s footwear exports to Europe have fallen sharply in recent months even though EU’s antidumping duties on shoe imports from the country expired April 1. Shipments of leather shoes from Vietnam dropped 22.81 percent in terms of value in the first quarter of 2011. But after the antidumping [...]

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Asia Commercial Bank to join Vietnam top four by 2015, CEO Says 

September 20, 2011
Asia Commercial Bank to join Vietnam top four by 2015, CEO Says 

  Asia Commercial Bank’s assets will probably more than triple by 2015, making it the first non- government lender to overtake one of Vietnam’s four biggest lenders, Chief Executive Ly Xuan Hai said. Assets of Asia Commercial Bank, the nation’s fifth-biggest bank, are expected to climb to VND900 trillion ($43 billion) by 2015 from about [...]

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Quiet and brilliant, Taiwan's HTC is smartphone star 

April 17, 2011
Quiet and brilliant, Taiwan's HTC is smartphone star 

An advertisement showing the HTC smartphone is seen here in Taipei. Taiwanese smartphone maker HTC has risen to global prominence by transforming itself from a contract maker into a viable brand, one of the toughest feats in the fiercely competitive hi-tech industry. "Quietly Brilliant" is the motto adorning HTC’s advertisements — and quietly, brilliantly it [...]

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Nokia ‘on a burning platform,’ CEO warns in memo 

February 9, 2011
Nokia ‘on a burning platform,’ CEO warns in memo 

Nokia chief executive Stephen Elop speaks during a press conference in Espoo, Finland, on September 10, 2010. World-leading mobile phone company Nokia is “standing on a burning platform,” surrounded by a “blazing fire” of competition, new company head Stephen Elop said in an internal memo obtained by AFP Wednesday. Elop’s memo paints a picture of [...]

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Vietnam shoe makers want half of domestic market

February 4, 2010
Vietnam shoe makers want half of domestic market

Vietnamese footwear companies said they plan to increase their local market share to 50 percent this year, up from 30 percent currently. According to the Hanoi-based Leather and Shoe Research Institute, 130 million pairs of shoes are sold in the country every year, but foreign products are account for 70 percent of the total figure. [...]

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Head-hunters target securities brokers

January 21, 2010
Head-hunters target securities brokers

VietNamNet Bridge – Many securities companies are head-hunting to improve their competitiveness and weaken their rivals.   Who’s hunting? After a two or three month probation period, working with no pay, a novice securities officer would receive 3-4 million dong monthly salary. Meanwhile, the incomes of head officers are ten times higher. According to Dau Tu Chung [...]

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Feature

Vietnam, Cuba foreign ministries to bolster ties

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Vietnam’s top diplomat has affirmed that the Foreign Ministry will closely cooperate with its Cuban counterpart to implement the agreements reached by the two...