Local EnterprisesSyndicate Local Enterprises

Businesses need to raise competitiveness: experts

Policy makers and businesses must keep abreast of the latest developments in the global economy to ensure local enterprises are competitive, said Vu Khoan, former Deputy Prime Minister, at a conference in Hanoi on March 9.

Opportunities amidst challenges for export next year

HCMC – Next year will see many challenges for the country’s export sector due to the ongoing global economic problems and new regulations adopted by several markets, but it is also time to review and make use of the opportunities that have been missed.

Cooking gas prices rise again

HCMC – Retail cooking gas prices in Vietnam from   Monday increased by VND8,000 to VND365,000-370,000 per 12-kilo cylinder after falling for two months in a row.

Experts disagree over high interest rate impacts

Experts disagree over high interest rate impacts

At a recent conference in Ho Chi Minh City, some experts said the high cost of capital was driving local firms to bankruptcy while others fiercely disagreed

Experts at odds over high interest rate impacts

HCMC – Experts at a conference on investment channels held in HCMC on Thursday differed over the impacts of high interest rates on enterprises, as some said the high cost of capital was driving local firms to bankruptcy and others rejected it.

Local firms worry about market openness next year

HCMC – Vietnamese businesses may face challenges when Vietnam fulfills its WTO commitments to market openness next year, said an expert in economic integration.

Power of trade remedies untapped

HCMC – Vietnam has the legal framework in place and an agency for trade remedies but its businesses don’t realize they are in the position to tap into this new-found power to protect themselves, a local official claims.

Campaign promoting local goods to continue

The city will persist with its campaign to promote consumption of Vietnamese goods this year, and its success so far has been encouraging, a local official says.

Southern companies want pig breeder association

HCMC – Pig breeding enterprises in the southern region say they want to club together under the form of an association to help them deal with the recent increases in animal feed prices in Vietnam.

Coffee traders desperate for bank loans

HCMC – Coffee enterprises in the country are facing troubles in accessing bank loans although the central bank earlier pledged to provide them with enough capital to purchase coffee.

From Business

Firms advised to focus on TPP

HN — Domestic businesses should positively build plans and methods to grow marketplaces in nations joining the Trans-Off-shore Partnership (TPP) Agreement.Ngo Chung Khanh, deputy director from the Secretary of state for Industry and Trade's Multilateral Trade Policy Department, made the suggestion in a conference in Ha Noi yesterday.The TPP pact, also called the Trans-Off-shore Proper Economic Partnership Agreement, is really a multilateral free trade deal that aims to help liberalise the financial systems

Blue chips lead share plunge

HN – Blue nick declines ongoing to tug shares lower around the HCM City Stock Market today.As much as 80 percent from the top 30 shares by market capitalisation and liquidity sank, which the 2nd biggest share PV Gas, HCM City Infrastructure Investment (CII), Sea Group (OGC) and Sacombank Investments (SBS) fell through the daily limit of 5 percent.Only mixer Masan Group (MSN), property developer Quoc Cuong Gia Lai (OQC) and Song Da Urban & Industrial Zone Investment and Development (SJS) bucked the