December 23, 2009
Workers at Southern Gas Joint Stock Company fill gas canisters. The Government has issued a new regulation stipulating that gas enterprises must be responsible for the quality, weight and selling price of their products.LookAtVietnam – The Government has issued a new regulation stipulating that gas enterprises must be responsible for the quality, weight and selling [...]
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December 2, 2009
LookAtVietnam – Equitized enterprises will be allowed to sell shares to foreign strategic investors at negotiable prices instead of the IPO average price. Deputy head of the Steering Committee on Enterprises Renovation and Development Pham Viet Muon, said on December 1, 2009 at the Vietnam Business Forum (VBF) that the Government plans to amend Decree 109 [...]
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October 27, 2009
LookAtVietnam – The nation’s US$3 billion timber product exporters face barriers. There will be increasing trading barriers for wood products.Viet Nam has seen high growth in export turnover of wood products including an annual turnover of over US$1billion to the US and nearly $1billion to Europe. Exported wood products to the US and the EU [...]
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October 16, 2009
LookAtVietnam – Individualistic is the most outstanding characteristic and the biggest problem of Vietnamese businessmen, experts say. Individualistic is the most outstanding characteristic and the biggest problem of Vietnamese businessmen, experts say.Not willing to cooperate According to Dang Ngoc Thang, Chairman of Nghe Vinh Packaging Company, Vietnamese entrepreneurs can hardly cooperate with each other in doing [...]
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October 8, 2009
LookAtVietnam – HCMC’s Binh Chanh district has forced eight enterprises in Le Minh Xuan Industrial Park to stop production activities for their discharge of harmful industrial smoke. “Many of the enterprises discharging harmful industrial smoke are operating at the industrial parks of Le Minh Xuan, Tan Phu Trung and Hiep Phuoc”. (Photo: SGT)Nguyen Van Tuoi, [...]
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September 13, 2009
LookAtVietnam – The co-operative farming model between tra fish breeders and seafood processing enterprises have been working effectively but only with large-sized breeders and co-operatives.According to the model, the enterprises either provide food to raise fish or buy the entire output from contracted aqua-culture farmers.“Combining farming land enables enterprises to secure a sufficient supply of [...]
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September 3, 2009
LookAtVietnam – Many of the foreign invested enterprises reporting losses in 2008 seem to be profitable businesses which have doctored their returns to evade Vietnamese taxes. The appearance of losses Fifty-two percent of some 2,000 tax returns submitted to the HCM City Tax Department in 2008 by foreign-owned or foreign invested enterprises claimed a business loss. [...]
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August 20, 2009
LookAtVietnam – Analysts say that the stock market still needs foreign-invested enterprise (FIEs) shares which are powerful and able to exert influence on the market. Currently, only seven FIEs are listing shares on either the Hanoi or HCM City bourse. FIEs are businesses which previously operated as limited companies but have since become joint-stock companies. The [...]
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August 19, 2009
LookAtVietnam – CAAV has received applications from two enterprises wanting to supply jet fuel. However, CAAV has not responded to the companies yet. Three’s a crowd? The two enterprises which have applied to join the air fuel market are Petrolimex Jet Fuel Joint Stock Company (PJF) and Tan Son Nhat Petrol Commercial Joint Stock Company (Tapetco). Currently, [...]
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August 6, 2009
While many experts have called on the Government to allow more enterprises to join the petrol and oil market, Dr Nguyen Quang A believes that less is more. Like telecommunications, the petrol and oil market should have three or four key petrol importers, each holding some 30 percent of the market, I mean that no [...]
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