August 26, 2009
LookAtVietnam – Domestic retailers say that local officials are too lenient when foreign retailers seek permission to establish new outlets. When Vietnam joined the WTO, it was agreed that it could restrict the expansion of foreign retailers by subjecting applications for additional branches to an “economic needs test” or ENT. Vietnamese domestic retailers are now [...]
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April 27, 2009
27 billion USD in foreign capital to be mobilised for 2009-2012; Ba Ha river hydroelectric plant begins test run; Talisman to invest $1.1 bil. in Vietnam oil fields; Vietnam tightens rules for seafood export to Russia Agricultural authorities have drafted new regulations for seafood export to Russia, tightening control of quality and quantity of the [...]
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April 26, 2009
FamilyMart, Japanâs third-largest convenience-store operator, will open its first outlet in Vietnam this year and plans to have a chain of up to 300 stores in the nation by 2014, executive officer Takehiko Kigure said. The Tokyo-based retailer will set up a venture with Phu Thai Group, a Vietnamese distribution company, to operate the chain, [...]
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March 25, 2009
The Van Phu, Xa La, and Van Khe apartment projects in Ha Dong and Viet Hung districts in Hanoi have been attracting buyers, even though the prices have become 20% more expensive than the days leading up to Tet. Van Khe urban areaMai intended to buy an apartment in late-2008, but she then decided to [...]
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March 23, 2009
VietNamNet Bridge – “Try to rescue ourselves rather than wait for God,” said Le Quoc An, Chairman of Vinatex, repeating the mantra of many Vietnamese enterprises in the current difficulties. Apparel, the number one export item in the ‘club of $1bil export items’, proves to be bearing the heaviest impacts of the global economic recession. [...]
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