Consumer sovereignty in the framework of social justice, economic equality and environmental balance, within and across borders


  • Firm closures outnumber start-ups

    August 28, 2014

    – HA NOI – The total number of dissolved and bankrupt businesses was higher than that of newly established firms in the first eight months of the year.

    The Ministry of Planning and Investment said that in August, the country has more than 5,000 newly established companies with a total registered capital of VND27.3 trillion (US$1.3 billion), a fall of 0.6 per cent and 13.2 per cent respectively over the previous month.
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  • Summit focuses on integration

    August 27, 2014

    – NAY PYI TAW – Economic ministers of ASEAN and East Asia Summit (EAS) countries reiterated here Wednesday their commitment to promote broader economic integration in East Asia and the Asia Pacific region.

    ASEAN’s eight EAS partner countries are Australia, China, India, Japan, South Korea, New Zealand, Russia and the United States.
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  • EU trade deal to ‘modernise’ VN development

    August 27, 2014

    – HCM CITY – The President of the European Commission, Jose Manuel Barroso, yesterday encouraged Viet Nam to pursue more “openness” and further economic reforms during a meeting held in HCM City with members of the European business community here.

    Commenting on his meeting with the Prime Minister and other top officials in Ha Noi on Monday, the EC president said the nations’s leaders showed a willingness to deepen political and economic relations with the EU.
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  • Report: Google backed out of Twitch deal because of competition laws

    August 26, 2014

    – In the wake of Amazon’s purchase of streaming powerhouse Twitch, a new report suggests Google — thought to be an early contender for the buyout — backed out of the deal following concerns over antitrust issues, according to Forbes.

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  • Thai firm snaps up Metro, eyes VN market

    August 25, 2014

    – Thailand’s Beri Juker Public Co. Ltd (BJC) signed a deal earlier this month to buy the Viet Nam operations of Germany wholesaler Metro for US$876 million.

    Metro, which came to the country in 2002 and has 3,600 employees nation-wide, reported revenues of $692 million in 2012-13.

    Analysts said the acquisition marks the Thai giant’s aggressive expansion into Viet Nam’s retail sector.
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  • Lawmakers urge Gov’t to specify banned business sectors

    August 23, 2014

    The National Assembly (NA) Standing Committee has asked the Government to complete a list of prohibited investment and business sectors soon so that the legislative body can consider and approve relevant amendments to the Investment Law and the Enterprise Law at its eighth session later this year.
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  • Investment Certificates: Pros and Cons

    August 23, 2014

    The investment certificate is believed to be instrumental in State management of investment activities, thereby investors’ violations, if any, against the regulations in the investment certificate and the Investment Law could be easily detected.
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  • Vietnamese exports face legal challenges

    August 22, 2014

    HCM CITY — Viet Nam’s export turnover rose sharply last year and in the first half of 2014, but challenges in legal and administrative procedures and other risks remain for enterprises.

    “Viet Nam’s exports will face more international lawsuits and technical barriers in the time ahead and local exporters must increase their capabilities to avoid such risks and problems,” Deputy Minister of Industry and Trade Tran Tuan Anh said in his opening speech at a conference held yesterday in HCM City.
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