ANZ bank lowered its forecast for Vietnam’s inflation to 7.0%-7.5% in 2014, revising its earlier forecast of 7.5%-8%, the bank said in its monthly report on Asia-Pacific Economics released yesterday [Mar 6], the local news provider bizlive.vn reporte
According to the Draft Law on Special Consumption Tax has been seeking for approval by the Ministry of Finance (MoF), non-alcoholic carbonated soft drinks may be applied 10% of special consumption tax , vnexpress.net reported.
The housing price in HCMC continued the downward trend in the fourth quarter last year while office developers enjoyed a slight rise in occupancy, according to a report of Savills Vietnam on the real estate price index in the city.
The U.S. and European Union put Russian President Vladimir Putin on notice that they will be united on imposing sanctions if he’s unwilling to defuse the Ukraine crisis and pursue a negotiated solution.
While cement demand continues to be weak in 2012 and 2013, capacity increased rather quickly. In 2012, total sector capacity was 68.5mn tons while total consumption was just 45.2mn tons, equivalent to 67% capacity.
Plastic packaging is an intersection sector between two industries, Plastics and Packaging. Plastics packaging sector can be broadly categorized into (i) Flexible packaging i.e. mostly for food sector; (ii) Plastic containers & Closures which are mostly for beverage sector; and (iii) Rigid packaging.
Foreign investors and players continued making the acquisition of Vietnamese companies. Japanese investors are still the most active but they had a smooth shift to small and medium companies who are good at their niche markets.
Vietnam boasts impressive figures in regards to its agricultural production. It is the world´s second-largest exporter of rice, and one of the world´s largest exporters of coffee and cashews. It is also a major producer of various fruits, sugar, rubber and cotton.