The number of European enterprises having a positive outlook on their current business in Vietnam has risen from 26% in the fourth quarter of 2012 to 40% in the first quarter of 2013 but it is still low, says a recent report of the European Chamber of Commerce in Vietnam (EuroCham). The survey of the first quarter EuroCham Business Climate Index shows that business confidence and outlook among EU... 

The European Chamber of Commerce in Vietnam (EuroCham) has launched its Whitebook 2013, which contains a series of major issues that European companies regard as obstacles to their operations and impacts on the country’s business environment. In the fifth edition of its “Whitebook of Trade/Investment Issues & Recommendations” unveiled in HCMC last Friday, EuroCham summarizes the issues... 

Nearly three quarters of European businesses in a survey are pessimistic about Vietnam’s macroeconomic outlook in the next six months, but their confidence in the economy over the medium term remains solid with plans to spur investments. Results of the 9th quarterly EuroCham Business Climate Index survey, conducted in October 2012 and released on Monday, show that business confidence and outlook... 

Although some local experts drum up positive economic signs recently, European businesses continue to be cautious about the overall economic outlook in Vietnam as found in the latest survey of the European Chamber of Commerce in Vietnam (EuroCham). Last week, EuroCham publicized its business climate index for the second quarter of 2012 after surveying its member companies in April and May, with... 

The products bearing private labels of supermarket operators and suppliers are gaining ground for fast growth and are projected to become the next consumer trend in Vietnam in the coming years, said The Nielsen Company Vietnam Ltd. The quality awareness of private label items among Vietnamese consumers is high, the firm’s managing director, Darin Williams, told the Daily after his presentation at... 

EuroCham, in the letters sent to Minister of Finance, Vu Van Ninh and Minister of Industry and Trade, Vu Huy Hoang, wrote that the application of new restrictions on the import of 100 consumer goods is the violation of the regulations in international trade. Meanwhile, Vietnamese officials have denied this. Several days ago, the Ministry of Industry and Trade proposed to apply some limitations in... 

High inflation, the weakening Vietnamese dong and increasing business costs have made European investors more cautious about the country’s business prospects, said the chairman of the European Chamber of Commerce in Vietnam (EuroCham). Alain Cany pointed out European investors’ major concerns about Vietnam on Monday when EuroCham released the results of its third quarterly business climate index... 

Foreign players will have an opportunity to hold up to 49 per cent stakes in local telecoms players with a new telecoms decree. The government recently enacted Decree 25/2011/ND-CP dated April 6, 2011 guiding the implementation of several articles in the Telecommunications Law. Under the new decree, if an organisation and individual having the ownership over 20 per cent of the chartered capital or... 

Tomaso Andreatta, banker and deputy chairman of EuroCham Vietnam, talks with Vietnam Investment Review’s Thu Hanh about recent changes to banking regulations and their impacts on foreign banks. Under Vietnam’s amended Law on Credit Institutions effective from January 1, 2011, a foreign bank branch’s lending to a single customer is capped at 15 per cent of the branch’s equity instead of the... 

HCMC – Foreign experts warned on Tuesday the year 2011 is turning out to be a difficult year due to the world’s surging prices, and called for Vietnam to center efforts on macroeconomic stability rather than the country’s targets set earlier this year for inflation and gross domestic product growth. The message was highlighted by Alain Cany, chairman of the European Chamber of Commerce in...