Sunday, January 19 2020


Chains sell Vietnamese goods overseas

Update: January, 14/2014 - 09:30
The Aeon retail group of Japan exported Vietnamese goods worth US$60 million to Japan in 2013, with the main products being textiles and garments, food and footwear, according to Soichi Okazaki, chairman and general director of Aeon.

When Aeon Mall Viet Nam is put into operation in Tan Phu District this month, the retail group will ship even more Vietnamese goods to its branches in Japan, he said.

French-owned Big C Viet Nam has also exported many Vietnamese goods to branches of France's Casino retail group, with total value of $20 million, including bamboo-made interior products, dried and frozen foodstuff, and fruit.

Tuoi Tre (The Youth)

Da Nang kicks off "Business Year"

Central Da Nang City has identified 2014 as the year to help local businesses solve their difficulties and promote production. The city targets GDP growth of 9-9.5 per cent this year.

Dong Thi Bich Chinh, deputy director of Da Nang Department of Planning and Investment, said the department had completed a draft simplifying administrative procedures. This will include the issuance of business establishment registration licenses within two days, compared to the current five days.

The city will also launch a credit guarantee fund for small- and medium-sized enterprises this year, and will ask Da Nang branch of State Bank of Viet Nam to collaborate with local commercial banks to offer preferential lending interest rate to support local businesses.

Nguoi Lao Dong (Labourer)

Binh Duong aims to build industrial parks

The southern province of Binh Duong will have 31 industrial parks with a total area of some 11,400ha by 2020 under a plan with a vision towards 2025.

As planned, Binh Duong is looking to raise its average industrial growth to 8.6 per cent in value from 2011-15 and to 10 per cent in the 2016-20 period.

Saigon Times Daily

Illegally imported tobacco causes losses

The Viet Nam Tobacco Association said that the country incurred losses averaging VND4.3 trillion ($204.7 million) every year because of illegally imported tobacco. This is equivalent to losing tobacco output on 10,000ha.

Last year, tobacco imported illegally to Viet Nam equalled 930 million packages of cigarettes, accounting for 22.2 per cent of domestic market share.

Currently, there are 100 illegal brands in the country. The JET and HERO brands comprise 90 per cent of the total volume of illegally imported tobacco.

Lao Dong (The Labour)

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